461 Green Road 211, Hamilton

$514,900
461 Green Road 211

$514,900

New
30d
Condo ApartmentApartment

461 Green Road 211, Hamilton

Total Monthly Obligation $2,631

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
30d
Score
23
Yield
5.6%
Cash on Cash
-0.4%
Cap Rate
4.5%
5Y IRR
15.3%
10Y IRR
14.4%
Property Type-Condo Apartment
MLS® Number-X13818778
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Sep 23, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Taxes-$1 (2026)
Maintenance-$353.96/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. Move-in ready and offering exceptional value, this spacious 2-bedroom, 2-bathroom suite features 838 sq. ft. of thoughtfully designed living space with a bright north-facing exposure. The open-concept layout includes a modern kitchen with quartz countertops, a generous living and dining area, and a private balcony perfect for relaxing. The primary suite offers a walk-in closet and ensuite, while the second bedroom provides flexibility for guests, family, or a home office. Complete with underground parking, locker, and access to premium building amenities, this suite is ideally located just steps from Lake Ontario, waterfront trails, parks, shopping, restaurants, and convenient highway access.

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

Closing Costs

Mortgage Amount
$411,920
Land Transfer Taxes$6,773
Legal Fees (Est.)
$
Total cash required for closing$111,253

Total Monthly Obligation

$2,631/mo
Mortgage $2,077
Monthly Loss $2,084
Principal$547
Interest$1,530
Property Tax$0
Condo Fees$354
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-5.0%2
5-Year IRR
11.7%48
10-Year IRR
11.9%
Returns Index
24.9/ 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
$28,920/yr
NOI
$19,379/yr
Net Cash Flow
-$462/mo
Cash Margin
-19.2%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7813
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
31.3/ 100

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

Comparables

Properties near 461 Green Road 211

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.