
573 Beach Boulevard, Hamilton
Hamilton
$2,158,888
Cash flow, cap rate & mortgage breakdown
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Listed by KELLER WILLIAMS EDGE REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
6
Bathrooms
3
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,445/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
Exceptional lakeside residence on prestigious Beach Blvd providing beautiful water views and resort-style living on an impressive 50 x 229 ft lot. Originally built in 1942 and extensively renovated in 2013-2014, this stunning 6-bedroom home blends timeless character with luxurious modern finishes throughout. Featuring over 2,500 sq ft above grade plus a finished lower-level secondary suite with separate entrance and separate parking pad on Woodland, the home showcases soaring aspen ceilings, rich hickory flooring, California shutters, cedar-lined closets, heated tile floors, and two gas fireplaces. The chef-inspired kitchen features soapstone counters, gas stove, and premium appliances. Two spacious primary bedrooms include an upper-level retreat with walkout deck overlooking the backyard, lake and the 8km Hamilton Recreation Beach Trail. The secondary suite offers 3 bedrooms, kitchen, family room, laundry, and heated flooring areas - ideal for extended family or multigenerational living. Outdoor living is exceptional with a saltwater pool featuring a new liner (2024), pool lounge with lighting and ceiling fan, gas torch feature, and a fully equipped pool house complete with kitchenette, bar, dishwasher, wine fridge, radiant heating, heated floors, 3-piece bath, tankless water heater, and direct access to Woodland Avenue. A front-yard fountain further enhances the home's curb appeal. Additional highlights include brick, stone and aluminum exterior, 200 amp service, forced air gas furnace, central air, two tankless water heaters, water softener, steel roof addition (2020), detached 3 drive-thru garage bays with unfinished loft above, and 6 automatic garage door openers. All appliances, light fixtures, dining room Sony TV, and pool house Samsung TV included. A rare opportunity to own a one-of-a-kind luxury property just steps from the waterfront.
MississaugaInvestor.ca
573 Beach Boulevard
Detached · 6bd/3ba · ~2,750 sqft
$2,158,888
Cash-Flow Report · August 3, 2026
Cap Rate
0.94%
Monthly Cash Flow
-$8,248/mo
Estimated Rent
$6,295/mo
Cash-on-Cash
-20.83%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$6,295 |
| Mortgage | −$9,937 |
| Property Tax | −$2,267 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,799 |
| Vacancy (5%) | −$315 |
| Cash Flow | -$8,248/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$75,540 |
| Vacancy (5%) | −$3,777 |
| Property Tax | −$27,202 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$21,589 |
| Annual NOI | $20,272 |
| Cap Rate | 0.94% |
Cash Required to Close
| Down Payment (20%) | $431,777.6 |
| Ontario Land Transfer Tax | $40,447 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $475,224.6 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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