461 Green Road 703, Hamilton

$419,900
461 Green Road 703

$419,900

New
14d
Condo ApartmentApartment

461 Green Road 703, Hamilton

Total Monthly Obligation $2,171

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
14d
Score
24
Yield
5.8%
Cash on Cash
0.4%
Cap Rate
4.7%
5Y IRR
15.9%
10Y IRR
14.9%
Property Type-Condo Apartment
MLS® Number-X13884414
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 9, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Maintenance-$276.82/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Electric)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Stucco (Plaster)
Roof-Flat
Foundation-Poured Concrete
Possession-Vacant & Avail
Neighbourhood-Stoney Creek
Title-Residential Condo & Other

No agent assigned

BUY NEW & SAVE! This brand-new suite is sold directly by the builder, and qualified buyers may be eligible for the New Home HST Rebate, offering a substantial opportunity to reduce the overall purchase cost. Discover lakeside living at MUSE in this beautifully upgraded 1-bedroom +den Iris suite, featuring approximately $22,000 in premium upgrades and a desirable lake view. Offering 633 sq. ft. of thoughtfully designed interior living space plus an 83 sq. ft. balcony, the bright open-concept layout features contemporary finishes, a functional kitchen with island, and a versatile den ideal for a home office or guest space. The spacious primary bedroom offers excellent closet space, while the DeSantis SmartSuite wall-mounted touchscreen provides convenient climate control, secure visitor entry and integrated smart-home functionality. Complete with underground parking and locker, residents also enjoy MUSE's exceptional amenities including the 6th-floor terrace, BBQ area, media lounge, clubroom with chef's kitchen, art studio and pet spa. Ideally located steps from the Lake Ontario waterfront and trails, with convenient access to shopping, dining, the QEW and Confederation GO Station.

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

Closing Costs

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

Total Monthly Obligation

$2,171/mo
Mortgage $1,694
Monthly Loss $1,725
Principal$446
Interest$1,248
Condo Fees$277
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.7%2
5-Year IRR
11.9%50
10-Year IRR
12.1%
Returns Index
25.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$24,240/yr
NOI
$16,094/yr
Net Cash Flow
-$353/mo
Cash Margin
-17.5%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7914
LTV Ratio
80.0%18
Vacancy Buffer
4.4 mo75
Risk Index
35.8/ 100

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

Comparables

Properties near 461 Green Road 703

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.