262 DUNDAS Street E 322, Hamilton

$494,500
262 DUNDAS Street E 322

$494,500

New
3d
Condo Apartment1 Storey/Apt

262 DUNDAS Street E 322, Hamilton

Total Monthly Obligation $3,192

Beds
1
Baths
1
Park
1
Sqft
800-899
DOM
3d
Score
19
Yield
6.5%
Cash on Cash
-3.9%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Condo Apartment
MLS® Number-X14098570
Beds-1
Bathrooms-1
Size-800-899 sqft
Listed on site-Oct 20, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-16-30
Taxes-$3,222.3 (2026)
Maintenance-$728.68/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX Escarpment Realty Inc., Brokerage
Cooling-Central Air
Laundry-Yes
Fireplace-Electric
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Waterdown
Title-Residential Condo & Other

No agent assigned

Stunning, renovated, and thoughtfully designed, this spacious suite offers a dream layout with stylish, chic upgrades at every turn. Sun-filled and beautifully appointed, the open concept living and dining area is anchored by a board and batten fireplace feature wall with an electric fireplace, custom built-in shelving, office nook and grand living space. Wide plank oak-inspired laminate flooring runs throughout, tying the space together with a clean, modern feel. Double sliding doors open to a private north-facing balcony, bringing in natural light. The kitchen was fully custom-designed and features quartz countertops, a tile backsplash, white cabinetry, an undermount double sink, stainless steel appliances, and upgraded lighting. Polished and well-equipped for everyday cooking with a customized island breakfast bar/dining area to gather around. The primary bedroom is generously sized with an oversized window and a double door closet. The bathroom was renovated to match with patterned tile flooring, a custom glass shower door, upgraded wall tile, a custom vanity, and updated fixtures throughout. Storage is a standout. The spacious foyer includes a double sliding door entry closet, a linen/pantry-style closet, and an additional hallway storage closet, all with upgraded trim and casings. The oversized laundry and utility room adds even more flexibility with a utility sink and ample additional storage. Double sliding doors open to a private north-facing balcony, bringing in natural light overlooking everyday amenities within walking distance. This is a move-in ready home that delivers genuine value. A turn-the-key-and-unpack opportunity that doesn't come along often.

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

Closing Costs

Mortgage Amount
$395,600
Land Transfer Taxes$6,365
Legal Fees (Est.)
$
Total cash required for closing$106,765

Total Monthly Obligation

$3,192/mo
Mortgage $1,995
Monthly Loss $2,667
Principal$525
Interest$1,470
Property Tax$269
Condo Fees$729
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.9%1
5-Year IRR
8.9%28
10-Year IRR
9.9%
Returns Index
15.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$31,992/yr
NOI
$14,426/yr
Net Cash Flow
-$792/mo
Cash Margin
-29.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
25.1/ 100

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

Comparables

Properties near 262 DUNDAS Street E 322

Time

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