382 Beach Road, Hamilton

Price: $450,000

2 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: X12809792

Welcome to your newly Reno ed starter home. This 1 plus 1 bedroom has great potential to get your foot in real estate. with only 5% down you can get this great investment that can pay almost 60% of your mortgage payments. why rent when you can own and get tenant to pay your mortgage. located in center of Hamilton, this home offers all new features, bright one windows and a variety of improvements. The finishes are like living in a brand me condo without the maintenance fee. Tenant Pays 1800 per month, can stay of vacate on request.

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$450,000 - 382 Beach Road, Hamilton

Detached for Sale in Hamilton

105 days on market
2Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
X12809792
Property Type
Detached
Status
active
Days on Site
105
Bedrooms
2
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Hamilton
Listing Brokerage
CITYVIEW REALTY INC.
Description

Welcome to your newly Reno ed starter home. This 1 plus 1 bedroom has great potential to get your foot in real estate. with only 5% down you can get this great investment that can pay almost 60% of your mortgage payments. why rent when you can own and get tenant to pay your mortgage. located in center of Hamilton, this home offers all new features, bright one windows and a variety of improvements. The finishes are like living in a brand me condo without the maintenance fee. Tenant Pays 1800 per month, can stay of vacate on request.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,308.73/mo

Includes CMHC insurance ($12,555)

$
$
5%10%50%

5-yr fixed avg.

Principal: $405,000Interest: $275,065
Mortgage Amount$417,555
Total Interest$275,065
Est. Property Tax$319/mo
Total Cost$692,620

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Hamilton

Discover Hamilton

Hamilton is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Hamilton

  • Convenient location in Hamilton
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Hamilton offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

382 Beach Road, Hamilton

Open in Google Maps

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
5.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$319
Insurance (est.)-$94
Net Cash Flow+$1,987

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $409/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 105 days on site, this property has exceeded the typical selling timeline for Hamilton. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in Hamilton are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    382 Beach Road, Hamilton — $450,000 | Battaglia Team