1/10496 BEACH BOULEVARD, Hamilton (Hamilton Beach)
496 BEACH BOULEVARD, Hamilton (Hamilton Beach), ON L8H6X3
$525,000 total
—
Asset Class
Land
Size
—
Building class
C
Zoning
UR — Urban Reserve
$ / SF
—
Occupancy
96%
Lot Size
0.427 ac
About this property
Power of Sale. Rare opportunity to acquire a large vacant building lot in Hamilton's desirable Beach community, just steps from Lake Ontario, the beach, and the waterfront walking and cycling trail. Ideal for builders, developers, or end users looking to design a custom home in a prime lakeside location. This L-shaped lot measures approximately 50' x 313', widening to 75' at the rear, totaling 0.427 acres, providing excellent depth and flexibility for a custom home. Municipal services are at the lot line, ready for development. With the right design, a future two-story residence could capture views of Lake Ontario from the upper level. Enjoy lakeside living with beach access nearby and easy commuting via QEW, Red Hill Valley Parkway, and transit. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$27K
Annual cash flow
$-2K
Cash-on-cash
-1.20%
DSCR
0.94
Going-in cap
5.18%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
126,045
Households
44,650
Median income
$100,500
Median age
42.9
Daytime population
188,079
5-yr growth
8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 496 BEACH BOULEVARD, Hamilton (Hamilton Beach).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.