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Listed 10 days ago

184 Beach Boulevard

Hamilton Beach, Hamilton

$1,999,000

Detached|2-Storey
6 | 6 | 6
About this home

A Perfect Home for Sale with an outstanding City Zoning of 1436-B Zoning which allows:- Retirement home, Senior Home, Care Home, Lodging Home. 6 Bathrooms and 4 Bedrooms, 1 Large Hall, 2 more Large Rooms. 15 to 20 bed for Retirement Home Many Windows and Lots of Sun Light. Private Yard and a Deck. All Paved and Fenced with a small back Garden. Fully Renovated Home opposite to Lake Ontario Sandy Beaches on the BEACH BLVD. Perfect for Care Homes Operations. Papers are under process to get City Permit. Worth Viewing.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$5,040
Lot Size58 ft x 162.03 ft
mls© NumberX13871264
Listed ByHOMELIFE/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%
$10,232
Property tax
$420
Heat allowance
$150
Housing costs
$10,802 / mo

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

Down payment20% · $399,800
25-yr amortization

Income needed

$332,000

gross annual household income

Payment at 4%
$8,412 / mo
Cash down
$399,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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