1019 Beach Boulevard, Hamilton

$1,250,000
1019 Beach Boulevard

$1,250,000

New
29d
Detached2-Storey

1019 Beach Boulevard, Hamilton

Total Monthly Obligation $6,058

Beds
4
Baths
3
Park
4
Sqft
2000-2500
DOM
29d
Score
17
Yield
4.3%
Cash on Cash
-5.5%
Cap Rate
3.4%
5Y IRR
11.3%
10Y IRR
11.2%
Property Type-Detached
MLS® Number-X13823116
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-47.25 × 129.23 ft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$7,692.74 (2026)
Parking-4 - None
Basement-Partial Basement, Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX OPTIMUM REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-TBA
Neighbourhood-Hamilton Beach
Title-Residential Freehold

No agent assigned

Beachfront 2-unit property with Waterfront Trail access - a rare opportunity on Hamilton Beach! This recently updated 2-storey detached home offers 2,000+ sq. ft. of versatile living space with beautiful Lake Ontario views and direct access to the waterfront lifestyle. Ideal for multi-generational living, an in-law suite, or investment potential, this home features 4 bedrooms, 3 full bathrooms, 2 kitchens, 2 laundry areas, and a functional layout with separate living spaces. The main level offers an open-concept kitchen and dining area, spacious living room, main-floor primary bedroom with ensuite privilege, second full bathroom, office with backyard access, and laundry. The upper level features a separate entrance with a self-contained 3-bedroom suite, full kitchen, dining area, laundry, and private deck overlooking the lake. Enjoy a resort-style backyard with a hot tub, gazebo, BBQ area, fire pit, landscaped grounds, sprinkler system, and private parking for 4 vehicles. Recent upgrades include furnace, A/C, water heater, flooring, paint, modern lighting, doors, appliances, 200-amp electrical service, EV charger, interlocking, fencing, blinds, and basement storage room. Steps to the beach, boardwalk, parks, lake, public transit, and amenities - move-in ready and perfect for year-round lakeside living.

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

Closing Costs

Mortgage Amount
$1,000,000
Land Transfer Taxes$21,475
Legal Fees (Est.)
$
Total cash required for closing$272,975

Total Monthly Obligation

$6,058/mo
Mortgage $5,042
Monthly Loss $4,731
Principal$1,327
Interest$3,715
Property Tax$641
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.2%1
5-Year IRR
8.4%25
10-Year IRR
9.3%
Returns Index
13.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$53,400/yr
NOI
$35,867/yr
Net Cash Flow
-$2,053/mo
Cash Margin
-46.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo24
Risk Index
16.5/ 100

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

Comparables

Properties near 1019 Beach Boulevard

Time

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