612-460 Dundas Street, Hamilton, ON

Waterdown, Hamilton · MLS® X13498608

$389,900
For Sale
Listed 19 days ago
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1Bedrooms
1Bathrooms
1Garage
500-599Sq Ft

About this home

Bright and sunny 1-bedroom condo with underground parking and locker in a well-managed, modern condo community. This stylish unit features an unobstructed balcony, upgraded flooring, sleek kitchen cabinetry, granite countertops, and upgraded stainless steel appliances. You'll also enjoy full-sized front-loading laundry, and a contemporary bathroom vanity with quartz finishes. The building offers top-tier amenities including a fully equipped gym, rooftop terrace with BBQs, elegant party room, and secure bike storage. Conveniently located just minutes from Aldershot GO, major highways, scenic trails, shops, and a short drive to Lake Ontario.The unit includes 1 underground parking space and 1 locker.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
X13498608
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
Dundas/Mallard/Riverwalk
Parking
1 garage (underground)
Basement
None
Heating
Other
A/C
Central Air
Exterior
Stucco (Plaster), Brick
Maintenance
$519/mo
Exposure
South
Property tax
$2,600 / 2025
Days on market
19
Listing brokerage
FUTURE GROUP REALTY SERVICES LTD.

Rooms

BedroomMain2.90 × 2.90 m

walk-in closet(s) · laminate

Living RoomMain3.02 × 4.09 m

w/o to balcony · large window · laminate

KitchenMain2.44 × 2.24 m

stainless steel appl · breakfast bar · open concept

Moe’s TakeTeam Asgarian · Broker
Above the wider set
$350Kest. value

Listed at $389,900, this home is tracking about 11% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

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 $370K, a close match.

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 $370K
  • Adjusts to $370K

That comparable adjusts to $370K; the $350K 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 7-minute walk away.

List price
$333KGreat deal$390KOverpriced

Total price vs nearby homes. Fair value about $350K, median of 15 comparables.

Comparable listingsCurrently listed nearby in Waterdown · asking prices
$387kavg asking

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

404-450 Dundas Street$375k904-470 Dundas Street$370k804-470 Dundas Street$370k604-470 Dundas Street$369k225-470 Dundas Street$450k

The 5 closest active listings nearby.

See all comparable homes
390kThis home375k370k370k369k450kThis home vs active comparables
Live market pulseActive comparables in Waterdown · median list $435K
$710this home / sqft
15active listings nearby
19days on market

This home lists 7% above the area average of $663/sqft.

4 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

53/ 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 563 m away

4 transit stops7 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
$1,777/mo
$88KIncome needed
4.4×Price ÷ income
$410Weekly 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 $1,777Property tax $217Condo fee $519Total carry $2,513

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)
$1,665per month

Mortgage amount $311,920 · 4.14% over 25 years

$77,980Down payment (20.0%)
$311,920Loan before insurance
$0CMHC premium
$2,400Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,665
Property tax
$217
Condo / maintenance fees
$519
Heating
$0
Estimated monthly cost
$2,400

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

One-time closing costs

Ontario land transfer tax
$4,324
Estimated closing costs
$4,324

Plus your down payment of $77,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,022/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

$187,436Total interest paid
$499,356Total of all payments
Principal $311,920 Interest $187,436
YearPrincipalInterestBalance
1$7,307$12,667$304,613
2$7,613$12,361$297,000
3$7,931$12,043$289,069
4$8,263$11,711$280,806
5$8,609$11,366$272,197
6$8,969$11,005$263,228
7$9,344$10,630$253,884
8$9,735$10,239$244,149
9$10,142$9,832$234,008
10$10,566$9,408$223,441
11$11,008$8,966$212,433
12$11,469$8,506$200,965
13$11,948$8,026$189,016
14$12,448$7,526$176,568
15$12,969$7,005$163,599
16$13,511$6,463$150,088
17$14,076$5,898$136,012
18$14,665$5,309$121,347
19$15,279$4,696$106,068
20$15,918$4,057$90,150
21$16,583$3,391$73,567
22$17,277$2,697$56,290
23$18,000$1,974$38,290
24$18,753$1,222$19,537
25$19,537$437$0

At the end of your 5-year term

Total paid over the term
$99,871
Principal paid down
$39,723
Interest paid
$60,148
Balance remaining
$272,197

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$1,700/mo
$20,400Gross annual rent
2.2%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.

5.2%
Gross yield
− Property tax $2,600− Condo fees $6,227− Insurance $600− Vacancy & upkeep $2,244Net operating income $8,729

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FUTURE GROUP REALTY SERVICES LTD.. MLS®/PropTx.

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