461 Green Road 822, Hamilton

$444,900
461 Green Road 822

$444,900

New
14d
Condo ApartmentApartment

461 Green Road 822, Hamilton

Total Monthly Obligation $2,299

Beds
1
Baths
1
Park
1
Sqft
700-799
DOM
14d
Score
22
Yield
5.5%
Cash on Cash
-1.0%
Cap Rate
4.4%
5Y IRR
14.7%
10Y IRR
14.0%
Property Type-Condo Apartment
MLS® Number-X13884500
Beds-1
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 9, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Maintenance-$303.91/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 one of MUSE's most desirable layouts in this beautifully upgraded 1-bedroom + den Olive suite, featuring approximately $12,000 in premium upgrades and a desirable lake view. Offering 705 sq. ft. of thoughtfully designed interior living space plus a 38 sq. ft. balcony, this spacious layout features a walk-in laundry room providing valuable extra storage and functionality beyond a typical laundry closet. The bright open-concept living space features contemporary finishes, a functional kitchen with island, and a versatile den ideal for a home office or guest space. The DeSantis Smart Suite wall-mounted touchscreen offers convenient temperature control, secure visitor entry and smart-home functionality. Complete with underground parking and locker, plus exceptional building amenities, all just steps from the waterfront, trails, shopping, dining and easy highway access.

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

Closing Costs

Mortgage Amount
$355,920
Land Transfer Taxes$5,373
Legal Fees (Est.)
$
Total cash required for closing$95,853

Total Monthly Obligation

$2,299/mo
Mortgage $1,795
Monthly Loss $1,826
Principal$472
Interest$1,322
Condo Fees$304
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.9%2
5-Year IRR
11.0%43
10-Year IRR
11.4%
Returns Index
22.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$24,384/yr
NOI
$15,899/yr
Net Cash Flow
-$470/mo
Cash Margin
-23.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7411
LTV Ratio
80.0%18
Vacancy Buffer
4.2 mo72
Risk Index
33.8/ 100

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

Comparables

Properties near 461 Green Road 822

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.