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Investment signal

$899,900

40 NEWPORT BEACH BOULEVARD

Beds

Baths

Sqft

—

Year

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Location

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About this home

Welcome to Crystal Beach Tennis & Yacht Club! Located in a sought-after gated lakeside community, this beautiful 3-bedroom home offers resort-style living just steps from Lake Erie. The open-concept main floor features large windows that fill the space with natural light, creating a bright and inviting atmosphere throughout the living and dining areas. A spacious sunroom provides the perfect place to relax and leads to a private deck and patio, ideal for entertaining or enjoying warm summer evenings. The second floor offers additional living space including a third bedroom, full bathroom, and a versatile loft area with walk-out balcony, perfect for guests, a home office, or a cozy retreat. Full unfinished basement with 10' ceilings currently used for storage. Residents of Crystal Beach Tennis & Yacht Club enjoy exceptional amenities including a spectacular private sandy beach, outdoor swimming pool, tennis courts, pickleball courts, updated fitness center, modern clubhouse, and 24-hour gated security, offering comfort, recreation, and peace of mind. Whether you're looking for a year-round residence, vacation home, or investment property, this lakeside community offers an incredible lifestyle just minutes from local shops, restaurants, and the Crystal Beach waterfront. (id:65958)

Subtype: Single Family
Structure: House
Community: 337 - Crystal Beach
Common interest: Freehold
Lot dimensions: 40 x 117.2 FT
Bedrooms: 3 above grade
Parking: 2 total
Stories: 1.5
On market: Apr 9, 2026
Status changed: Apr 13, 2026
Annual tax: $6,783 (2025)
Photos: 49
MLS#: X12976872
Area: FORT_ERIE_(CRYSTAL_BEACH)

Features and systems

Parking

No Garage

Basement

UnfinishedN/A

Appliances

WasherRefrigeratorDishwasherStoveDryerWater Heater

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Vinyl siding

Foundation

Concrete

Waterfront

Waterfront on lake

Pool

Indoor pool

Negative cash flow ~$1,759/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.73%

Cap rate

3.54%

GRM

16.7

Break-even rent

$6,352

Financing

Down payment$179,980

Loan amount$719,920

Mortgage$4,417/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$412

Insurance$80

Maintenance$750

CapEx reserve$375

Vacancy loss$225

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Fort Erie (Crystal Beach). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $4,417/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.