311-262 Dundas Street, Hamilton, ON

Waterdown, Hamilton · MLS® X13487868

$599,000
For Sale
Listed 22 days ago
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3Bedrooms
2Bathrooms
2Garage
1200-1399Sq Ft

About this home

Welcome to a truly rare offering-this top-floor, end-unit condo delivers an exceptional level of privacy, quiet, and space that is seldom found. With no neighbours above or beside, this home offers a peaceful, almost penthouse-like experience (without the penthouse price tag), tucked away in a private section of a solid, well-built building. Thoughtfully renovated from top to bottom, this spacious unit features a flexible layout with 3 bedrooms or 2 bedrooms plus a den-ideal for families, downsizers, or anyone seeking room to live and work comfortably. The openconcept kitchen has been beautifully updated with modern cabinetry and appliances, seamlessly connecting to the bright living and dining areas. Soaring ceilings and large south-facing windows flood the space with natural light, while patio doors lead to two private balconies overlooking mature trees-creating a serene, retreat-like atmosphere rarely found in condo living. The home continues to impress with new hardwood floors, updated bathrooms (including an ensuite), in-suite laundry, large bedrooms, and a walk-in closet. Storage is exceptional, highlighted by an unusually large storage locker-perfect for seasonal items, sports equipment, or downsizing without compromise. Additional features include two underground parking spaces, access to a common room for gatherings, and low-maintenance living with landscaping, maintenance, and snow removal all taken care of. Located in a highly convenient, walkable neighbourhood close to shopping, downtown, and parks including Memorial Park, this home offers the perfect balance of tranquility and accessibility. Rarely do units like this become available-quiet, private, spacious, and move-in ready. A unique opportunity for those seeking the ease of condo living without sacrificing space, light, or lifestyle.

Key facts

Property type
Condo Apartment, Apartment
MLS®
X13487868
Bedrooms
3
Bathrooms
2 (1 half)
Size
1200-1399
Cross streets
HWY 6 and Dundas
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block, Concrete
Roof
Flat
Maintenance
$845/mo
Exposure
East West
Property tax
$4,594 / 2025
Days on market
22
Listing brokerage
ROYAL LEPAGE STATE REALTY

Rooms

FoyerMain2.85 × 2.65 m
Primary BedroomMain5.35 × 3.42 m
BathroomMain0.00 × 0.00 m

3 Pc Ensuite

Living RoomMain4.32 × 5.33 m
Bedroom 3Main4.19 × 3.35 m
Bedroom 2Main4.10 × 3.20 m
LaundryMain1.65 × 3.10 m
BathroomMain0.00 × 0.00 m

2 Pc Bath

KitchenMain2.78 × 2.56 m
Moe’s TakeTeam Asgarian · Broker
In line
$565Kest. value

Listed at $599,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Waterdown, so I widened the search to the surrounding area.

Based on 11 similar homes nearby, adjusted for size, beds, and baths.Median of 11 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $644K, a bit higher. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $385K
  • Adjusts to $385K

That comparable adjusts to $385K; the $565K estimate above is the median of all 11 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, this is a very walkable address with everyday errands close by. DUNDAS at HAMILTON is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$552KGreat deal$771KOverpriced

Total price vs nearby homes. Fair value about $565K, median of 11 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$588kavg asking

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

703-301 Frances Avenue$580k908-40 Harrisford Street$385k212-461 Green Road$799k219-262 Dundas Street$643k306-970 Golf Links Road$535k

The 5 closest of 8 active listings nearby.

See all comparable homes
599kThis home580k385k799k643k535kThis home vs active comparables
Live market pulseActive comparables in Waterdown · median list $520K
$461this home / sqft
13active listings nearby
22days on market

This home lists 30% below the area average of $654/sqft.

7 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

82/ 100

Very 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.

Most daily errands can be done on foot.

🚉 Nearest transit: DUNDAS at HAMILTON, about 91 m away

20+ transit stops3 grocery20+ dining12 parks9 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
Durand
$400K
Dundas
$452K
Beasley
$319K

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
$2,730/mo
$136KIncome needed
4.4×Price ÷ income
$630Weekly 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.

69%mortgage
Mortgage $2,730Property tax $383Condo fee $845Total carry $3,958

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)
$2,557per month

Mortgage amount $479,200 · 4.14% over 25 years

$119,800Down payment (20.0%)
$479,200Loan before insurance
$0CMHC premium
$3,785Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,557
Property tax
$383
Condo / maintenance fees
$845
Heating
$0
Estimated monthly cost
$3,785

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

One-time closing costs

Ontario land transfer tax
$8,455
Estimated closing costs
$8,455

Plus your down payment of $119,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,106/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

$287,957Total interest paid
$767,157Total of all payments
Principal $479,200 Interest $287,957
YearPrincipalInterestBalance
1$11,226$19,460$467,974
2$11,696$18,991$456,278
3$12,185$18,501$444,094
4$12,694$17,992$431,399
5$13,225$17,461$418,174
6$13,779$16,908$404,395
7$14,355$16,331$390,040
8$14,955$15,731$375,085
9$15,581$15,105$359,504
10$16,233$14,454$343,271
11$16,912$13,775$326,359
12$17,619$13,067$308,740
13$18,356$12,330$290,384
14$19,124$11,562$271,260
15$19,924$10,762$251,336
16$20,757$9,929$230,579
17$21,625$9,061$208,954
18$22,530$8,156$186,424
19$23,472$7,214$162,951
20$24,454$6,232$138,497
21$25,477$5,209$113,020
22$26,543$4,144$86,477
23$27,653$3,033$58,824
24$28,810$1,877$30,015
25$30,015$672$0

At the end of your 5-year term

Total paid over the term
$153,431
Principal paid down
$61,026
Interest paid
$92,405
Balance remaining
$418,174

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$4,100/mo
$49,200Gross annual rent
4.8%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.

8.2%
Gross yield
− Property tax $4,594− Condo fees $10,140− Insurance $600− Vacancy & upkeep $5,412Net operating income $28,454

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE STATE REALTY. MLS®/PropTx.

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