461 Green Road 606, Hamilton

$409,900
461 Green Road 606

$409,900

Extension
30d
Condo ApartmentApartment

461 Green Road 606, Hamilton

Total Monthly Obligation $2,145

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
30d
Score
23
Yield
5.6%
Cash on Cash
-0.6%
Cap Rate
4.5%
5Y IRR
15.1%
10Y IRR
14.2%
Property Type-Condo Apartment
MLS® Number-X13818062
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Sep 23, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Taxes-$1 (2026)
Maintenance-$291.12/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Electric)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Stucco (Plaster)
Roof-Flat
Foundation-Poured Concrete
Possession-Immediate
Neighbourhood-Stoney Creek
Title-Residential Condo & Other

No agent assigned

BUY NEW & SAVE! These brand-new suites are sold directly by the builder, and qualified buyers may be eligible for the New Home HST Rebate, a substantial opportunity to reduce your overall purchase cost. Wake up to beautiful lake views in this spacious 1-bedroom plus den suite offering 669 sq. ft. of modern living. Featuring desirable east and north exposures, this bright open-concept layout is filled with natural light and showcases a contemporary kitchen with quartz countertops, premium finishes, and a spacious living area that opens to a private balcony. The versatile den is ideal for a home office or additional living space, while luxury vinyl flooring in the bedroom adds a modern touch. Complete with underground parking, locker, and exceptional building amenities, this move-in-ready residence is perfectly situated just steps from the waterfront, trails, shopping, restaurants, and quick highway access-offering the perfect blend of convenience and lakeside living.

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$
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%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$327,920
Land Transfer Taxes$4,673
Legal Fees (Est.)
$
Total cash required for closing$88,153

Total Monthly Obligation

$2,145/mo
Mortgage $1,653
Monthly Loss $1,710
Principal$435
Interest$1,218
Property Tax$0
Condo Fees$291
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.7%2
5-Year IRR
11.2%44
10-Year IRR
11.5%
Returns Index
23.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$23,040/yr
NOI
$14,842/yr
Net Cash Flow
-$417/mo
Cash Margin
-21.7%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
4.5 mo76
Risk Index
35.5/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 461 Green Road 606

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.