408 Dundas Street S 402, Cambridge

$434,900
408 Dundas Street S 402

$434,900

New
4d
Condo ApartmentApartment

408 Dundas Street S 402, Cambridge

Total Monthly Obligation $2,845

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
4d
Score
19
Yield
6.3%
Cash on Cash
-4.9%
Cap Rate
3.5%
5Y IRR
11.7%
10Y IRR
11.5%
Property Type-Condo Apartment
MLS® Number-X14093178
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 19, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,850 (2026)
Maintenance-$570/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-Sotheby's International Realty Canada, Brokerage
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Possession-Flexible
Title-Residential Condo & Other

No agent assigned

Welcome to your brand new condo in a chic 4-storey boutique-style building, where modern elegance meets everyday convenience. Thoughtfully designed with soaring 9-foot ceilings, contemporary finishes, and an open-concept layout, this stunning unit offers the perfect blend of style and functionality.The sleek modern kitchen features smooth-closing cabinetry, quartz countertops, and premium stainless steel appliances, creating an ideal space for cooking and entertaining. Expansive windows fill the home with natural light, while the spacious private balcony offers the perfect place to relax and unwind.Enjoy the convenience of in-suite laundry, one designated parking space, and one locker for additional storage. Residents can also enjoy added peace of mind with a comprehensive building security system and Tarion Warranty coverage.Ideally located just minutes from cafes, restaurants, grocery stores, banks, shopping, and everyday amenities. Commuters will appreciate easy access to Highway 401 in approximately 10 minutes, while vibrant Downtown Galt is only a short 5-minute drive away. Whether you're a first-time buyer, downsizer, or investor, this exceptional turnkey opportunity offers luxury, comfort, and convenience in one of the area's. Enjoy the confidence of Tarion Warranty Coverage and the potential eligbility for the Full HST rebae subject to the buyers qualification under the applicable govt law.List Price reflects the price net of HST.

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

Closing Costs

Mortgage Amount
$347,920
Land Transfer Taxes$5,173
Legal Fees (Est.)
$
Total cash required for closing$93,653

Total Monthly Obligation

$2,845/mo
Mortgage $1,754
Monthly Loss $2,383
Principal$462
Interest$1,293
Property Tax$321
Condo Fees$570
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.1%1
5-Year IRR
8.0%23
10-Year IRR
9.2%
Returns Index
12.6/ 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
$27,432/yr
NOI
$11,599/yr
Net Cash Flow
-$788/mo
Cash Margin
-34.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
27.2/ 100

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

Comparables

Properties near 408 Dundas Street S 402

Time

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Data last updated within the past 24 hours.