5 Hamilton Street N 214, Hamilton

$559,900
5 Hamilton Street N 214

$559,900

Price Change
24d
Condo ApartmentApartment

5 Hamilton Street N 214, Hamilton

Total Monthly Obligation $3,284

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
24d
Score
19
Yield
6.0%
Cash on Cash
-3.1%
Cap Rate
3.9%
5Y IRR
13.1%
10Y IRR
12.7%
Property Type-Condo Apartment
MLS® Number-X13837996
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 29, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,193.1 (2026)
Maintenance-$475.88/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-REVEL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick Veneer
Possession-FLEX
Neighbourhood-Waterdown
Title-Residential Condo & Other

No agent assigned

Welcome to Unit 214 at 5 Hamilton Street North. One of the BRIGHTEST and LARGEST 2 bedroom models in this building! Small-town charm in the heart of vibrant Waterdown. This beautifully appointed 2-bedroom, 2-bathroom condo offers the perfect blend of comfort, functionality, and modern design. Step inside to a bright, open-concept layout featuring floor-to-ceiling windows that flood the space with natural light, creating an airy and inviting atmosphere throughout. The carpet-free interior provides a clean, modern aesthetic and low-maintenance living, while the thoughtfully designed floor plan is ideal for both everyday living and entertaining. From the spacious kitchen you can easily see the living and dining areas, conveniently staying connected while preparing meals or hosting family and friends. The primary bedroom offers a private retreat complete with its own ensuite bathroom, while the second bedroom is perfect for guests, a home office, or growing families. A second full bathroom adds convenience and flexibility for visitors. Enjoy your morning coffee or unwind at the end of the day on your private balcony, surrounded by the charm of one of Waterdown's newest boutique condominium communities. This six-story building offers modern construction and an unbeatable location just steps from downtown shops, restaurants, cafes, parks, and everyday amenities, with quick access to major highways, Aldershot GO Station, Burlington, Hamilton, and the Niagara Escarpment. Whether you're a first-time buyer, downsizer, or investor, this exceptional home offers stylish, low-maintenance living in one of Waterdown's most desirable locations. Move in, unpack, and enjoy everything this thriving community has to offer. Unit 214 is the perfect place to call home.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$447,920
Land Transfer Taxes$7,673
Legal Fees (Est.)
$
Total cash required for closing$121,153

Total Monthly Obligation

$3,284/mo
Mortgage $2,258
Monthly Loss $2,689
Principal$594
Interest$1,664
Property Tax$349
Condo Fees$476
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.7%1
5-Year IRR
9.7%33
10-Year IRR
10.5%
Returns Index
17.8/ 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
$33,480/yr
NOI
$17,828/yr
Net Cash Flow
-$773/mo
Cash Margin
-27.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
25.1/ 100

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

Comparables

Properties near 5 Hamilton Street N 214

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.