450 Dundas Street E 516, Hamilton

$419,900
450 Dundas Street E 516

$419,900

New
15d
Condo Apartment1 Storey/Apt

450 Dundas Street E 516, Hamilton

Total Monthly Obligation $2,736

Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
15d
Score
18
Yield
5.8%
Cash on Cash
-7.0%
Cap Rate
3.1%
5Y IRR
10.1%
10Y IRR
10.3%
Property Type-Condo Apartment
MLS® Number-X13877016
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 8, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-0-5
Taxes-$3,152.46 (2026)
Maintenance-$579.52/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Ground Source)
Brokerage-ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete, Stone
Roof-Asphalt Rolled
Foundation-Concrete
Possession-Immediate
Neighbourhood-Waterdown
Title-Residential Condo & Other

No agent assigned

Welcome to luxury living at Trend 1 in the heart of East Waterdown! This beautifully upgraded5th-floor 1 Bed + Den suite offers premium features and an inviting, functional layout. Soaring9ft ceilings and an abundance of natural light complement the open concept floor plan. Thebright, elegant kitchen boasts white finishes, quartz countertops, a modern backsplash, customlighting, an undermount sink, built-in microwave, stainless steel appliances, and a breakfast bar.Unlike some layouts, this spacious unit offers room to add a dining table and chairs if you wish.This carpet-free home features premium luxury vinyl flooring flowing seamlessly throughout,leading into a highly convenient den perfect for a home office or bonus room. Step out on theextra-large private balcony, providing a great outdoor retreat. Enjoy upgraded quartz counters inthe bathroom, in-suite laundry, 1 underground parking space, and 1 storage locker. Geothermalheating and cooling are included in the condo fees, keeping your monthly utility bills remarkablylow! First-class amenities include a concierge, fitness centre with a yoga studio, rooftop terracewith BBQs, a stylish party room with a pool table/fireplace, and visitor parking. Steps fromWaterdown Village shops, restaurants, parks, and trails, with quick highway access and just 10minutes from Aldershot/Burlington GO Stations. Proudly built by the award-winning NewHorizon Development Group.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$335,920
Land Transfer Taxes$4,873
Legal Fees (Est.)
$
Total cash required for closing$90,353

Total Monthly Obligation

$2,736/mo
Mortgage $1,694
Monthly Loss $2,290
Principal$446
Interest$1,248
Property Tax$263
Condo Fees$580
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.1%0
5-Year IRR
6.4%16
10-Year IRR
8.1%
Returns Index
9.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$24,360/yr
NOI
$9,417/yr
Net Cash Flow
-$909/mo
Cash Margin
-44.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
27.6/ 100

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

Comparables

Properties near 450 Dundas Street E 516

Time

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