10 Mallard Trail 237, Hamilton

$394,900
10 Mallard Trail 237

$394,900

New
28d
Condo Apartment1 Storey/Apt

10 Mallard Trail 237, Hamilton

Total Monthly Obligation $2,464

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
28d
Score
21
Yield
6.5%
Cash on Cash
-2.4%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.1%
Property Type-Condo Apartment
MLS® Number-X13834856
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Sep 25, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-0-5
Taxes-$2,888.65 (2026)
Maintenance-$430.72/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Other)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Other
Possession-Immediate
Neighbourhood-Waterdown
Title-Residential Condo & Other

No agent assigned

1 Bedroom TREND BOUTIQUE located in trendy hot spot of Waterdown. Built by Award Winning NHDG. Living steps away from upscale boutiques, antique shops and super centre with major stores, that will satisfy any shopping fanatic. Entrance will give you first impression of stylish interiors and elegant lobby. Enjoy a fresh cup of coffee while you bask in sunshine on your rooftop patio. During cooler days, take the festivities indoors to your fully furnished party room. Say goodbye to gym membership with a fully equipped facility at your disposal. Stunning 1 BEDROOM condo features open concept kitchen, along with your living space that exudes both comfort and style spacious interiors that provides endless opportunities to create unique lifestyle. Quality upgrades through out includes stylish tiles, bath accessories, upgraded ample kitchen cabinetry, interior doors/handles, vinyl plank flooring throughout, faucets, quartz counter tops, and custom blinds. In-suite laundry. Experience the convenience of condo living with 1 UG PARK, bike storage, & your own personal locker. Single balcony with unobstructed view. Minutes to the Train Station, downtown Burlington and Hamilton. INNOVATION style. Some amenities are located at Trend 1-3. RSA.

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

Closing Costs

Mortgage Amount
$315,920
Land Transfer Taxes$4,399
Legal Fees (Est.)
$
Total cash required for closing$84,879

Total Monthly Obligation

$2,464/mo
Mortgage $1,593
Monthly Loss $2,045
Principal$419
Interest$1,174
Property Tax$241
Condo Fees$431
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%19
Cash-on-Cash
-7.8%1
5-Year IRR
9.7%33
10-Year IRR
10.5%
Returns Index
17.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$25,500/yr
NOI
$12,493/yr
Net Cash Flow
-$552/mo
Cash Margin
-26.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo67
Risk Index
31.3/ 100

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

Comparables

Properties near 10 Mallard Trail 237

Time

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Data last updated within the past 24 hours.