The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Welcome to this spacious one-bedroom condo with underground parking, located in the sought-after Olde Waterdown High School building. Offering approximately 885 sq. ft. of living space, this ground-floor unit features 9-foot ceilings, an open-concept living and dining area, and large windows providing plenty of natural light. The functional kitchen includes ample cabinetry and a breakfast island, offering an excellent foundation for future improvements. Sliding doors lead to a private covered patio-ideal for morning coffee, outdoor dining or summer BBQs. The generously sized bedroom features a large window, while the suite also includes a four-piece bathroom and convenient in-suite laundry. The unit requires updating and TLC and is being offered in as-is condition, presenting an excellent opportunity for renovators, investors or buyers looking to customize the space to suit their own style. Additional highlights include one underground parking space and a storage locker. The well-maintained building offers a party room, games room, visitor parking and attractive landscaped grounds. Enjoy a convenient location within walking distance of downtown Waterdown's cafés, theatre, restaurants, patios and shops, and just minutes from grocery stores, banks, parks and other everyday amenities. Bring your vision and unlock the potential of this generously sized ground-floor suite in a distinctive and desirable Waterdown building.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,487/mo
Mortgage (principal + interest)$1,496
Property taxFrom listing: $3,150/yr$263
Condo feesFrom listing$728
Minimum $20,000 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$80,000
Ontario land transfer taxProvincial brackets, no first-time refund$4,475
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$87,275
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Hamilton has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
