10 Mallard Trail 232, Hamilton

$459,000
10 Mallard Trail 232

$459,000

New
28d
Condo Apartment1 Storey/Apt

10 Mallard Trail 232, Hamilton

Total Monthly Obligation $2,819

HausQ Valuation Report
Beds
2
Baths
1
Park
1
Sqft
700-799
DOM
28d
Score
20
Yield
6.4%
Cash on Cash
-2.4%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.1%
Property Type-Condo Apartment
MLS® Number-X13827696
Beds-2
Bathrooms-1
Size-700-799 sqft
Listed on site-Sep 25, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-0-5
Taxes-$3,231.59 (2026)
Maintenance-$497.99/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Other (Other)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Stone
Foundation-Concrete
Possession-Flexible
Neighbourhood-Waterdown
Title-Residential Condo & Other

No agent assigned

2 Bedroom + 1 Bathroom Suite in the Trend Build Boutique Building. Split Floor Plan Layout With Good Sized Bedrooms On Either Side of The Living Room. Floor to Ceiling Windows, Light Flooring Throughout. Granite Countertops In The Kitchen With Stainless Steel Appliances And A Breakfast Bar. One Owned Underground Parking Space And One Owned Locker Conveniently Located on the Same Floor as the Suite. Residents Benefit From Multiple Fitness Facilities, Party Rooms, Rooftop Patio and Bike Storage All Accessed Without Leaving The Building. Geothermal Heating and Cooling System Keeps the Hydro Bill Low. Located Just Down The Street From The Quaint Downtown Waterdown Area With Specialty Shops and Restaurants, Parks and Schools. Aldershot Go Station Is A Short 10 Minute Drive As Is Brant Street Bringing You To Downtown Burlington.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$367,200
Land Transfer Taxes$5,655
Legal Fees (Est.)
$
Total cash required for closing$98,955

Total Monthly Obligation

$2,819/mo
Mortgage $1,851
Monthly Loss $2,332
Principal$487
Interest$1,364
Property Tax$269
Condo Fees$498
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.5%1
5-Year IRR
9.9%35
10-Year IRR
10.7%
Returns Index
18.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$29,388/yr
NOI
$14,842/yr
Net Cash Flow
-$615/mo
Cash Margin
-25.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
28.4/ 100

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

Comparables

Properties near 10 Mallard Trail 232

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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