233 Blue Water Parkway, Haldimand

$785,000
233 Blue Water Parkway

$785,000

New
4d
DetachedBungalow

233 Blue Water Parkway, Haldimand

Total Monthly Obligation $3,831

Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
4d
Score
16
Yield
3.1%
Cash on Cash
-10.5%
Cap Rate
2.3%
5Y IRR
7.4%
10Y IRR
8.2%
Property Type-Detached
MLS® Number-X14098524
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-75 × 100 ft
Listed on site-Oct 19, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,480.18 (2026)
Parking-3 - None
Basement-Crawl Space, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-None
Laundry-No
Fireplace-Natural Gas
Pool-Above Ground
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Piers
Sewer-Holding Tank
Possession-FLEXIBLE
Neighbourhood-Haldimand
Title-Residential Freehold

No agent assigned

Own both sides of Bluewater Parkway! Combines a beautifully renovated year-round bungalow, positioned handsomely on 75ft x 100ft landscaped lot, with a 0.16 acre waterfront retreat directly across the road - offers relaxing lakefront observation deck mounted on decorative stone re-built break-wall-2019 incs retractable ladder leading to sandy beach with sand bottom extending hundreds of feet into the sparkling waters - perfect for swimming, boating, paddle boarding, jet skiing or soaking in spectacular sunsets. Attractive south facing 290sf entertainment deck provides entry to 1119sf of tastefully presented living space highlighted with gorgeous new custom kitchen-2025 sporting crisp white upper cabinetry, contrasting lower cabinets, quartz countertops, hi-end SS appliances-2025 & comfortable dinette. Bright living room showcases multiple lake-facing windows, striking stone n/g fireplace & deck walk-out. Follow roomy corridor past chicly designed 4pc bath to 3 bedroom east wing. At north end you find modern 3pc bath, main floor laundry station, recently installed, convenient pantry-2025, utility room & walk-out to 320f new rear deck leading to 15ft swimming pool & recently built back yard fence-2023 ensuring privacy for fire-pit & designer utility shed. Groomed side driveway extends beyond dwelling equipped to park 4-6 vehicles with front yard armour stone adding an extra layer of wave protection adding peace of mind. Extras -2017 updates inc heated/insulated crawl space incs spray foam insulated perimeter skirting, luxury vinyl flooring, roof shingles, windows/ext. doors, insulation/drywall, premium light fixtures - n/g furnace-2019, ext. vinyl siding-2023, increased attic insulation-2025, 18KW stand-by generator-2026 plus attached car port, conc. pier foundation, 2000g cistern & 3000g holding tank. 45-55 mins to Hamilton - mins to Selkirk's amenities. More than a home - it's a magical Erie lifestyle - where every season brings a new reason to cherish your stay.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$628,000
Land Transfer Taxes$12,175
Legal Fees (Est.)
$
Total cash required for closing$170,675

Total Monthly Obligation

$3,831/mo
Mortgage $3,166
Monthly Loss $2,998
Principal$833
Interest$2,333
Property Tax$290
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.7%11
Cash-on-Cash
-14.4%0
5-Year IRR
4.3%9
10-Year IRR
6.2%
Returns Index
5.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$24,000/yr
NOI
$13,620/yr
Net Cash Flow
-$2,031/mo
Cash Margin
-101.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.363
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
20.7/ 100

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

Comparables

Properties near 233 Blue Water Parkway

Time

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