225-470 Dundas Street, Hamilton, ON

Waterdown, Hamilton · MLS® X13269912

$449,900
For Sale
Listed 42 days ago
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1Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Welcome to this awesome 1-bedroom unit in the highly sought-after Trend 3 community! Bright and roomy, this is the perfect space for you. The efficient, well-appointed kitchen has a breakfast bar and overlooks the living room and balcony. The bedroom is bright, with floor to ceiling windows. The den is up to you - Gaming room? Reading nook? Zen meditation space? Spare bedroom? Office? You decide! This home has a four-piece bathroom, a convenient in-suite laundry, and a private balcony. Did I mention the underground parking space and storage locker yet? Building amenities include party rooms, a state-of-the-art fitness centre, scenic roof top patios, and secure bike storage. Located just down the street from the charm of downtown Waterdown and all it has to offer, close to highways, shopping, restaurants, and much more. Welcome home! RSA.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
X13269912
Bedrooms
1
Bathrooms
1
Size
600-699
Cross streets
Mallard Trail
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Poured Concrete
Roof
Flat
Maintenance
$550/mo
Exposure
West
Property tax
$3,375 / 2025
Days on market
42
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

KitchenFlat2.34 × 2.26 m
LaundryFlat0.00 × 0.00 m
Primary BedroomFlat3.40 × 2.97 m
DenFlat2.46 × 2.03 m

Listing history

  1. May 5, 2026Listed$2,150

Price and status history from the listing board. Deemed reliable but not guaranteed.

Moe’s TakeTeam Asgarian · Broker
Above comparables
$418Kest. value

Listed at $449,900, this home is about 8% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($693/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 15 similar homes nearby, adjusted for size, beds, and baths.Median of 15 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $487K, a bit higher.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $425K
  • Bedrooms −$30K
  • Adjusts to $395K

That comparable adjusts to $395K; the $418K estimate above is the median of all 15 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. DUNDAS at BURKE is about a 8-minute walk away.

List price
$401KGreat deal$450KOverpriced

Total price vs nearby homes. Fair value about $418K, median of 15 comparables.

Comparable listingsCurrently listed nearby · asking prices
$430kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

715-150 Main Street$424k221-600 North Service Road$399k208-16 Markle Crescent$470k418-212 King Street$380k411-30 Hamilton Street$480k

The 5 closest of 8 active listings nearby.

See all comparable homes
450kThis home424k399k470k380k480kThis home vs active comparables
Live market pulseActive comparables in Waterdown · median list $425K
$693this home / sqft
15active listings nearby
42days on market

This home lists 4% above the area average of $664/sqft.

27 days longer than the Hamilton average (15 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Waterdown, Hamilton, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

51/ 100

WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: DUNDAS at BURKE, about 641 m away

4 transit stops6 dining9 parks1 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Strathcona
$525K
Central
$390K
Beasley
$319K
Durand
$400K
Corktown
$296K

Typical asking price of active listings of the same type, per area (outliers removed). Hamilton.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$2,050/mo
$102KIncome needed
4.4×Price ÷ income
$473Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

71%mortgage
Mortgage $2,050Property tax $281Condo fee $550Total carry $2,882

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,921per month

Mortgage amount $359,920 · 4.14% over 25 years

$89,980Down payment (20.0%)
$359,920Loan before insurance
$0CMHC premium
$2,752Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,921
Property tax
$281
Condo / maintenance fees
$550
Heating
$0
Estimated monthly cost
$2,752

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$5,473
Estimated closing costs
$5,473

Plus your down payment of $89,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,333/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$216,280Total interest paid
$576,200Total of all payments
Principal $359,920 Interest $216,280
YearPrincipalInterestBalance
1$8,432$14,616$351,488
2$8,784$14,264$342,704
3$9,152$13,896$333,552
4$9,535$13,513$324,018
5$9,933$13,115$314,084
6$10,349$12,699$303,735
7$10,782$12,266$292,953
8$11,233$11,815$281,721
9$11,703$11,345$270,018
10$12,192$10,856$257,826
11$12,702$10,346$245,124
12$13,233$9,815$231,890
13$13,787$9,261$218,103
14$14,364$8,684$203,740
15$14,964$8,084$188,775
16$15,590$7,458$173,185
17$16,243$6,805$156,942
18$16,922$6,126$140,020
19$17,630$5,418$122,390
20$18,367$4,681$104,023
21$19,135$3,913$84,888
22$19,936$3,112$64,952
23$20,770$2,278$44,182
24$21,639$1,409$22,544
25$22,544$504$0

At the end of your 5-year term

Total paid over the term
$115,240
Principal paid down
$45,836
Interest paid
$69,404
Balance remaining
$314,084

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,050/mo
$24,600Gross annual rent
2.5%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

5.5%
Gross yield
− Property tax $3,375− Condo fees $6,600− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,319

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. MLS®/PropTx.

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