548 Beach Road, Hamilton

$649,900
548 Beach Road

$649,900

New
17d
Detached2-Storey

548 Beach Road, Hamilton

Total Monthly Obligation $3,314

Beds
4
Baths
4
Park
5
Sqft
2500-3000
DOM
17d
Score
35
Yield
7.4%
Cash on Cash
8.2%
Cap Rate
6.3%
5Y IRR
22.2%
10Y IRR
20.1%
Property Type-Detached
MLS® Number-X13869772
Beds-4
Bathrooms-4
Size-2500-3000 sqft
Lot Size-53 × 100 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$3,815.22 (2026)
Parking-9 - Detached
Basement-Apartment, Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Metal
Foundation-Concrete Block
Sewer-Sewer
Possession-90+ Days
Neighbourhood-Parkview
Title-Residential Freehold

No agent assigned

Live virtually mortgage-free at 548 Beach Rd! This rare home is perfect for multigenerational or extended families with 4 separate and complete private living spaces alongside a dream setup for hobbyists, mechanics, or tradespeople. The standout feature is a massive, fully insulated23' x 30' metal garage with 10' ceilings, new door/siding (2022), 200-amp power, attached12'x7.5' store room, and an auxiliary bachelor pad with kitchenette, 3-piece bath, and laundry setup. Inside, three fully functional living spaces maximize versatility. The refreshed main floor highlights an updated kitchen (2023) with SS appliances, ceramic backsplash, new Signature Collection vinyl flooring, and an updated bath (2022). The bright upper unit features an eat-in kitchen, 4-piece bath (2021), laundry rough-in, and walk-out to a private deck with exterior fire escape. The fully self-contained basement suite boasts a private side walk-out, great ceiling height, large windows, ceramic floors, full kitchen (2021), 4-piece bath, and laundry(restored with brand-new drywall & insulation in 2026).Mechanically bulletproof with zero big-ticket items left to tackle: durable metal roof & eavestroughs (2024), Keeprite high-efficiency furnace (2023), new weeping tile (2023), 200-amp electrical (2022), plus new metal backyard fencing (2026) and patio stones (2025). Live in one unit, rent the others, and let your property pay for itself while enjoying a premium insulated workshop!

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

Closing Costs

Mortgage Amount
$519,920
Land Transfer Taxes$9,473
Legal Fees (Est.)
$
Total cash required for closing$140,953

Total Monthly Obligation

$3,314/mo
Mortgage $2,622
Monthly Loss $2,625
Principal$690
Interest$1,932
Property Tax$318
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.4%42
Cash-on-Cash
2.5%13
5-Year IRR
17.7%85
10-Year IRR
16.7%
Returns Index
47.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
35/ 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
$48,000/yr
NOI
$34,885/yr
Net Cash Flow
$286/mo
Cash Margin
7.1%17
Cash Flow Index
17.2/ 100
Risk Profile
Weight: 20%
DSCR
1.1136
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
33.8/ 100

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

Comparables

Properties near 548 Beach Road

Time

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