198 Beach Boulevard
Hamilton Beach, Hamilton
$449,000
Don't miss the opportunities to buy the house on sandy beach on Ontario Lake in Hamilton. Accross the streetbeachfront & walking paths. It is an ideal Location, endless possibilites, whether you are looking to build your dream home or have an incredable investment property. This land has great potential and incredible Location beingacross From Lake Ontario with several Kilometers of Sandy Beaches and paved walking and bicycling long trails.Selling With City Approved Permit
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,450 |
| Lot Size | 33 ft x 165 ft |
| mls© Number | X12968370 |
| Listed By | HOMELIFE/MIRACLE REALTY LTD |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,298
- Property tax
- $288
- Heat allowance
- $150
- Housing costs
- $2,736 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$84,000
gross annual household income
- Payment at 4%
- $1,889 / mo
- Cash down
- $89,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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