460 Dundas Street E 227, Hamilton

$479,900
460 Dundas Street E 227

$479,900

New
18d
Condo Apartment1 Storey/Apt

460 Dundas Street E 227, Hamilton

Total Monthly Obligation $3,081

HausQ Valuation Report
Beds
2
Baths
1
Park
1
Sqft
600-699
DOM
18d
Score
18
Yield
5.9%
Cash on Cash
-6.5%
Cap Rate
3.2%
5Y IRR
10.5%
10Y IRR
10.6%
Property Type-Condo Apartment
MLS® Number-X13863642
Beds-2
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 5, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-0-5
Taxes-$3,774 (2026)
Maintenance-$631/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-SUTTON GROUP - SUMMIT REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-30-59 days
Neighbourhood-Waterdown
Title-Residential Condo & Other

No agent assigned

Welcome to this bright and airy corner 2-bedroom, 1-bathroom suite, offering a spacious layout and unobstructed views from the private balcony. This carpet-free unit features an open-concept living and dining area filled with natural light, creating a comfortable and inviting space for everyday living and entertaining.The well-appointed kitchen offers ample cabinetry and a functional layout, while the generous bedrooms provide excellent flexibility for a primary retreat, home office, guest room or growing family. Step outside to enjoy the unobstructed views and additional outdoor living space from the balcony.Convenience is complete with underground parking and a locker included. Ideally located at 460 Dundas St, close to shopping, restaurants, parks, transit and major highways. A fantastic opportunity for first-time buyers, downsizers or investors looking for a bright, well-maintained home in a convenient location.

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Closing Costs

Mortgage Amount
$383,920
Land Transfer Taxes$6,073
Legal Fees (Est.)
$
Total cash required for closing$103,553

Total Monthly Obligation

$3,081/mo
Mortgage $1,936
Monthly Loss $2,572
Principal$509
Interest$1,426
Property Tax$315
Condo Fees$631
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.3%0
5-Year IRR
7.0%18
10-Year IRR
8.5%
Returns Index
10.3/ 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
$28,116/yr
NOI
$11,558/yr
Net Cash Flow
-$973/mo
Cash Margin
-41.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo53
Risk Index
25.2/ 100

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

Comparables

Properties near 460 Dundas Street E 227

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.