112-460 Dundas Street, Hamilton, ON

Waterdown, Hamilton · MLS® X13528040

$425,000
For Sale
Listed 11 days ago
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2Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Welcome to care-free condo living in the heart of Waterdown! This unit features an open-concept layout with a versatile den, ideal for a home office or guest space plus modern finishes and plenty of natural light. Enjoy great amenities including a fully equipped gym, stylish party room, and a stunning rooftop terrace with BBQs, perfect for relaxing or entertaining. Located in one of Waterdown's most desirable communities, you're just minutes to Aldershot GO Station, Burlington, major highways, shopping, restaurants, parks, and scenic trails, making commuting a breeze while still enjoying the charm and warmth of a welcoming small-town community. Experience the best of low-maintenance living in a location you'll love.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
X13528040
Bedrooms
2
Bathrooms
1
Size
600-699
Cross streets
Riverwalk Drive
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete Poured
Foundation
Concrete
Roof
Flat
Maintenance
$440/mo
Exposure
East
Property tax
$2,945 / 2026
Days on market
11
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

Rooms

DenMain2.44 × 1.91 m
KitchenMain2.26 × 2.34 m
BedroomMain3.58 × 2.95 m
Living RoomMain4.95 × 3.17 m
BathroomMain0.00 × 0.00 m

4 Pc Bath

Moe’s TakeTeam Asgarian · Broker
Below comparables
$440Kest. value

Listed at $425,000, this home is about 3% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Below comparable homes on total price, yet the price per square foot ($654/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $451K, 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 $400K
  • Adjusts to $400K

That comparable adjusts to $400K; the $440K estimate above is the median of all 7 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
$425KGreat deal$451KOverpriced

Total price vs nearby homes. Fair value about $440K, median of 7 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.

  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Waterdown · asking prices
$441kavg asking

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

714-450 Dundas Street$440k317-470 Dundas Street$400k221-460 Dundas Street$399k115-450 Dundas Street$470k232-10 Mallard Trail$498k

The 5 closest of 7 active listings nearby.

See all comparable homes
425kThis home440k400k399k470k498kThis home vs active comparables
Live market pulseActive comparables in Waterdown · median list $435K
$654this home / sqft
15active listings nearby
11days on market

This home lists 2% below the area average of $667/sqft.

4 days faster 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
$1,937/mo
$94KIncome needed
4.5×Price ÷ income
$447Weekly 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.

74%mortgage
Mortgage $1,937Property tax $245Condo fee $440Total carry $2,623

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)
$1,814per month

Mortgage amount $340,000 · 4.14% over 25 years

$85,000Down payment (20.0%)
$340,000Loan before insurance
$0CMHC premium
$2,500Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,814
Property tax
$245
Condo / maintenance fees
$440
Heating
$0
Estimated monthly cost
$2,500

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

One-time closing costs

Ontario land transfer tax
$4,975
Estimated closing costs
$4,975

Plus your down payment of $85,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,204/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

$204,310Total interest paid
$544,310Total of all payments
Principal $340,000 Interest $204,310
YearPrincipalInterestBalance
1$7,965$13,807$332,035
2$8,298$13,474$323,737
3$8,645$13,127$315,091
4$9,007$12,765$306,085
5$9,384$12,389$296,701
6$9,776$11,996$286,925
7$10,185$11,587$276,740
8$10,611$11,161$266,129
9$11,055$10,717$255,074
10$11,517$10,255$243,556
11$11,999$9,773$231,557
12$12,501$9,271$219,056
13$13,024$8,748$206,032
14$13,569$8,204$192,463
15$14,136$7,636$178,327
16$14,728$7,045$163,600
17$15,344$6,429$148,256
18$15,985$5,787$132,271
19$16,654$5,118$115,617
20$17,351$4,422$98,266
21$18,076$3,696$80,190
22$18,833$2,940$61,357
23$19,620$2,152$41,737
24$20,441$1,331$21,296
25$21,296$476$0

At the end of your 5-year term

Total paid over the term
$108,862
Principal paid down
$43,299
Interest paid
$65,563
Balance remaining
$296,701

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
3.1%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.

5.8%
Gross yield
− Property tax $2,945− Condo fees $5,284− Insurance $600− Vacancy & upkeep $2,706Net operating income $13,065

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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