88 Creanona Boulevard, Hamilton

$429,900
88 Creanona Boulevard

$429,900

Price Change
42d
Vacant Land

88 Creanona Boulevard, Hamilton

Total Monthly Obligation $2,544

Beds
0
Baths
0
Park
0
DOM
42d
Score
18
Yield
5.2%
Cash on Cash
-5.3%
Cap Rate
3.4%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Vacant Land
MLS® Number-X13774230
Beds-0
Lot Size-66 × 99 ft
Listed on site-Sep 11, 2026
Building Type-Vacant Land
Taxes-$5,223.94 (2025)
Brokerage-EXP REALTY
Laundry-No
Fireplace-No
Pool-None
Facing-West
Possession-Flexible
Neighbourhood-Winona Park
Title-Residential Freehold

No agent assigned

Build your dream home in one of Stoney Creek's most desirable waterfront communities. Located at 88 Creanona Boulevard in the sought-after Fifty Point neighbourhood, this exceptional residential building lot offers an incredible opportunity to create a custom home tailored to your lifestyle. Zoned R1 and measuring approximately 66 ft x 99 ft, the property provides ample space for a spacious residence with room for outdoor living and landscaping. Nestled among established homes in a mature, family-friendly area, you'll enjoy close proximity to waterfront trails, Fifty Point Conservation Area, marinas, parks, schools, shopping, dining, and convenient highway access. Whether you're a builder, investor, or future homeowner, this rare vacant lot presents an outstanding opportunity to build in a highly coveted lakeside community. Don't miss your chance to secure a prime piece of land in the heart of Fifty Point.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$343,920
Land Transfer Taxes$5,073
Legal Fees (Est.)
$
Total cash required for closing$92,553

Total Monthly Obligation

$2,544/mo
Mortgage $1,734
Monthly Loss $2,088
Principal$456
Interest$1,278
Property Tax$435
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.4%0
5-Year IRR
6.8%17
10-Year IRR
8.3%
Returns Index
10.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$22,200/yr
NOI
$10,256/yr
Net Cash Flow
-$879/mo
Cash Margin
-47.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo65
Risk Index
29.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 88 Creanona Boulevard

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.