450 Dundas Street E 1005, Hamilton

$549,800
450 Dundas Street E 1005

$549,800

New
14d
Condo Apartment1 Storey/Apt

450 Dundas Street E 1005, Hamilton

Total Monthly Obligation $3,369

HausQ Valuation Report
Beds
2
Baths
2
Park
2
Sqft
800-899
DOM
14d
Score
18
Yield
5.7%
Cash on Cash
-5.7%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Condo Apartment
MLS® Number-X13884720
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 9, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$4,141.73 (2026)
Maintenance-$606.6/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Other (Other)
Brokerage-EXP REALTY
Cooling-Other
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Stucco (Plaster)
Possession-Flexible
Neighbourhood-Waterdown
Title-Residential Condo & Other

No agent assigned

Spectacular 2-bedroom, 2-bathroom unit located in the highly sought-after Trend 1 building in beautiful Waterdown. Includes 2 underground parking spots and one locker. Offering approx. 880 sq. ft. of thoughtfully designed living space, this bright and spacious unit is filled with an abundance of natural light through its Grand windows, complete with window coverings. Experience breathtaking panoramic views from the expansive wraparound balcony, a rare feature among 2-bedroom units in the building. The spacious primary bedroom features a large walk-in closet and a luxurious private ensuite bathroom with a glass-enclosed shower. The upgraded kitchen showcases rich cabinetry, stylish backsplash, while the open-concept layout offers comfortable and versatile living. Quality Flooring throughout the suite. Also included, an in-suite laundry. The building has many amenities, including roof top terrace, fully equipped gym, gorgeous party room for those special occasions. Conveniently located near the Go train, parks, shops , restaurants, this is a great community to live.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$439,840
Land Transfer Taxes$7,471
Legal Fees (Est.)
$
Total cash required for closing$118,931

Total Monthly Obligation

$3,369/mo
Mortgage $2,218
Monthly Loss $2,786
Principal$584
Interest$1,634
Property Tax$345
Condo Fees$607
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.3%1
5-Year IRR
7.8%22
10-Year IRR
9.0%
Returns Index
12.2/ 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
$31,464/yr
NOI
$14,497/yr
Net Cash Flow
-$1,010/mo
Cash Margin
-38.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
23.7/ 100

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

Comparables

Properties near 450 Dundas Street E 1005

Time

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