450 Dundas Street E 225, Hamilton

$474,500
450 Dundas Street E 225

$474,500

New
7d
Condo ApartmentApartment

450 Dundas Street E 225, Hamilton

Total Monthly Obligation $2,841

HausQ Valuation Report
Beds
2
Baths
1
Park
1
Sqft
600-699
DOM
7d
Score
20
Yield
6.0%
Cash on Cash
-3.2%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.6%
Property Type-Condo Apartment
MLS® Number-X14086632
Beds-2
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Age-6-10
Taxes-$3,205.23 (2026)
Maintenance-$459.73/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick Front, Metal/Steel Siding
Possession-60-90 days
Neighbourhood-Waterdown
Title-Residential Condo & Other

No agent assigned

Welcome to Waterdown living at its best! This bright and private corner suite offers 2 bedrooms, plenty of natural light, and an excellent combination of comfort, convenience, and value. The upgraded kitchen features stainless steel appliances, complemented by durable vinyl flooring throughout the unit. Additional features include custom blinds, oversized windows, in-suite laundry, ample closet space, a linen/pantry area, upgraded bathroom, and a walk-out balcony. This unit includes your own underground parking space and a storage locker conveniently located on the same floor. The building features geothermal heating and cooling, providing an efficient and comfortable living environment. Residents can also enjoy the rooftop patio, party room with a fully equipped kitchen, state-of-the-art gym, and yoga studio. Located close to highways, GO stations, shopping, restaurants, and everything Waterdown has to offer. A great condo, building, and community to call home.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$379,600
Land Transfer Taxes$5,965
Legal Fees (Est.)
$
Total cash required for closing$102,365

Total Monthly Obligation

$2,841/mo
Mortgage $1,914
Monthly Loss $2,337
Principal$504
Interest$1,410
Property Tax$267
Condo Fees$460
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.1%1
5-Year IRR
9.4%31
10-Year IRR
10.3%
Returns Index
16.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$28,656/yr
NOI
$14,668/yr
Net Cash Flow
-$692/mo
Cash Margin
-29.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
27.9/ 100

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

Comparables

Properties near 450 Dundas Street E 225

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.