450 Dundas Street E 701, Hamilton

$479,000
450 Dundas Street E 701

$479,000

New
29d
Condo ApartmentApartment

450 Dundas Street E 701, Hamilton

Total Monthly Obligation $2,968

HausQ Valuation Report
Bed+Den
2+1
Baths
2
Park
2
Sqft
700-799
DOM
29d
Score
19
Yield
5.9%
Cash on Cash
-4.8%
Cap Rate
3.5%
5Y IRR
11.7%
10Y IRR
11.6%
Property Type-Condo Apartment
MLS® Number-X13823024
Bed+Den-2+1
Bathrooms-2
Size-700-799 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$3,600 (2026)
Maintenance-$536.29/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Other (Other)
Brokerage-Stonemill Realty Inc., Brokerage
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Stucco (Plaster)
Possession-Flexible
Neighbourhood-Waterdown
Title-Residential Condo & Other

No agent assigned

Welcome to Trend One, a stylish and recently built condominium in the highly sought after community of Waterdown, just minutes from Burlington and Hamilton. This bright and spacious 764 sq ft features one bedroom plus a versatile den and two bathrooms, ideal for comfortable living or working from home. The open concept kitchen and living area offer a modern and functional layout, perfect for both relaxing and entertaining. Professionally painted and complete with an in suite laundry and four piece bathroom and a private balcony with beautiful open views, the perfect spot to enjoy your morning coffee or unwind in the evening. This unit also includes the rare bonus of two parking spots and a storage locker. The buildings energy efficient geothermal and cooling system helps keep hydro costs low. Residents enjoy fantastic amenities including a party room, modern fitness center, roof top patio and bike storage. A great opportunity to enjoy contemporary condo living in one of Waterdown's most desirable locations.

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Closing Costs

Mortgage Amount
$383,200
Land Transfer Taxes$6,055
Legal Fees (Est.)
$
Total cash required for closing$103,355

Total Monthly Obligation

$2,968/mo
Mortgage $1,932
Monthly Loss $2,460
Principal$508
Interest$1,424
Property Tax$300
Condo Fees$536
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.7%1
5-Year IRR
8.2%24
10-Year IRR
9.4%
Returns Index
13.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$28,452/yr
NOI
$13,171/yr
Net Cash Flow
-$835/mo
Cash Margin
-35.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo55
Risk Index
26.4/ 100

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

Comparables

Properties near 450 Dundas Street E 701

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.