550 Beach Boulevard, Hamilton, ON
Hamilton Beach, Hamilton · MLS® X12654986
About this home
Beachside Living at its Best! Custom Built in 2011 & Beautifully Maintained! Bright & Airy 2 Storey Home Nestled in the Sought After Hamilton Beach Community. Soaring 10 Foot Ceilings, Open Concept Kitchen with Spacious Great Room & Dining Area - Perfect for Family Gatherings. Main Floor Den & 2 Piece Powder Room. Maple Hardwood Floors Flow Throughout Main & Second Floor. Double Door Primary Bedroom with 5 Piece Ensuite with Whirlpool Tub, Separate Shower, Granite Counter & Double Vanity. Convenient Bedroom Level Laundry. Stunning Upper Level Family Room with Vaulted Ceiling & Rough in for Wet Bar, Open to Private Balcony with Seasonal Views of Lake Ontario. 3 Car Length Garage with 2 Overhead Doors, 2 Man Doors & Inside Entry to Both the Foyer & Kitchen. Central Air 2017. Gas Furnace 2015. Owned Tankless Hot Water Heater Installed 2020. Central Vacuum. 200 AMP Breakers. Gas BBQ Hook Up. Walk, Ride & Skate the Waterfront Trail Just Steps from Your Front Door. Minutes to Parks, Lake Ontario & Easy Access to QEW/Redhill! Room Sizes Approximate & Irregular. Exterior: Board & Batten, Brick, Stucco (Plaster)
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- X12654986
- Bedrooms
- 3
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000
- Lot
- 40 × 100 ft
- Cross streets
- Beach Blvd/Arden Ave
- Parking
- 3 garage · 4 parking (attached)
- Driveway
- Private, Inside Entry
- Basement
- Partial Basement, Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Board & Batten , Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,695 / 2025
- Days on market
- 197
- Listing brokerage
- RE/MAX ESCARPMENT REALTY INC.
Rooms
Hardwood Floor
Hardwood Floor
Hardwood Floor
Hardwood Floor
Hardwood Floor
Hardwood Floor
hardwood floor · 5 pc ensuite
Listed at $1,259,900, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Hamilton Beach, so I widened the search to the surrounding area.
Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.25M, a close match.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $1.19M
- Bedrooms −$30K
- Adjusts to $1.16M
That comparable adjusts to $1.16M; the $1.24M estimate above is the median of all 10 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. BEACH at SIERRA is about a 2-minute walk away.
Total price vs nearby homes. Fair value about $1.24M, median of 10 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Worth verifying
- Lifestyle
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 22% below the area average of $584/sqft.
195 days longer than the Hamilton average (2 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Hamilton Beach, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Somewhat WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Some errands on foot, but most trips need a car.
🚉 Nearest transit: BEACH at SIERRA, about 122 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Hamilton.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,007,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,379
- Property tax
- $641
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,020
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $21,673
- Estimated closing costs
- $21,673
Plus your down payment of $251,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $322,718
- Principal paid down
- $128,359
- Interest paid
- $194,359
- Balance remaining
- $879,561
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.