450 Dundas Street East Street 711, Hamilton

$449,999
450 Dundas Street East Street 711

$449,999

New
4d
Condo ApartmentApartment

450 Dundas Street East Street 711, Hamilton

Total Monthly Obligation $2,874

Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
4d
Score
18
Yield
5.7%
Cash on Cash
-6.7%
Cap Rate
3.1%
5Y IRR
10.3%
10Y IRR
10.5%
Property Type-Condo Apartment
MLS® Number-X14095422
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 19, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$3,126 (2026)
Maintenance-$597.84/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Ground Source)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-60-89 days
Neighbourhood-Waterdown
Title-Residential Condo & Other

No agent assigned

Gorgeous 1 bed plus den brand new upgraded condo by award winning developer New Horizon offers an elegant design. Featuring a rare oversized 431 sq. ft. terrace with stunning South views from the 7th floor! Fully upgraded with Quartz counters in the kitchen and vinyl plank throughout! The kitchen includes brand new stainless steel appliances and a breakfast bar that is open to the living space featuring large windows. The unit is complete with in-suite laundry, storage locker, and underground parking that is included. The building itself features a gym, a party room, a rooftop patio, and is minutes away from Webster Falls and the Bruce Trail. Close to GO Stations, highway access, shopping, and restaurants. Enjoy the welcome greenery looking over the escarpment or go out and explore nearby trails.-

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

Closing Costs

Mortgage Amount
$359,999
Land Transfer Taxes$5,475
Legal Fees (Est.)
$
Total cash required for closing$96,975

Total Monthly Obligation

$2,874/mo
Mortgage $1,815
Monthly Loss $2,396
Principal$478
Interest$1,338
Property Tax$261
Condo Fees$598
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.6%0
5-Year IRR
6.8%17
10-Year IRR
8.3%
Returns Index
9.8/ 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
$25,824/yr
NOI
$10,542/yr
Net Cash Flow
-$937/mo
Cash Margin
-43.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo57
Risk Index
26.6/ 100

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

Comparables

Properties near 450 Dundas Street East Street 711

Time

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