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Listed 11 days ago

548 Beach Road

Parkview, Hamilton

$649,900

Detached|2-Storey
2 | 4 | 9
About this home

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!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age51-99
Size2500-3000 sq. ft.
Property Tax$3,815
Lot Size53 ft x 100 ft
mls© NumberX13869772
Listed ByRE/MAX ESCARPMENT REALTY INC.

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%
$3,326
Property tax
$318
Heat allowance
$150
Housing costs
$3,794 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $129,980
25-yr amortization

Income needed

$117,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$129,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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