1490 Heron Road 305, Hunt Club - South Keys and Area

$269,500
1490 Heron Road 305

$269,500

Price Change
150d
Condo Apartment1 Storey/Apt

1490 Heron Road 305, Hunt Club - South Keys and Area

Total Monthly Obligation $2,066

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
150d
Score
22
Yield
8.3%
Cash on Cash
-0.8%
Cap Rate
4.4%
5Y IRR
14.9%
10Y IRR
14.1%
Property Type-Condo Apartment
MLS® Number-X13173844
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-May 26, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$1,815.42 (2025)
Maintenance-$627.44/mo
Locker-None
Parking-1 - Surface
Basement-None
Heating-Baseboard (Electric)
Brokerage-EXP REALTY
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-flexible
Neighbourhood-3802 - Heron Gate
Title-Residential Condo & Other

No agent assigned

Discover Your Perfect Home at 1490 Heron Rd! This bright and spacious top-floor 2-bedroom, 2-bathroom condo offers an inviting open & flexible layout and updated finishings throughout. The large living room flows seamlessly to a generous covered private balcony - ideal for relaxing or entertaining. The primary bedroom features a convenient walk-through closet & ensuite bathroom, while the versatile 2nd bedroom doubles as a flexible space for a home office or family room. The skylight windows and sliding french doors add extra light and space to this lovely home. Large storage room in unit. One parking space is included. Enjoy the convenience of Orlando Park's lush greenspace right across the street, St. Patrick's High School just one block away, plus nearby shopping and excellent transit options. Spacious, functional, and perfectly located-this is urban living at its best.

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$215,600
Land Transfer Taxes$2,518
Legal Fees (Est.)
$
Total cash required for closing$57,918

Total Monthly Obligation

$2,066/mo
Mortgage $1,087
Monthly Loss $1,780
Principal$286
Interest$801
Property Tax$151
Condo Fees$627
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%19
Cash-on-Cash
-7.9%1
5-Year IRR
9.9%35
10-Year IRR
10.9%
Returns Index
18.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$22,488/yr
NOI
$8,494/yr
Net Cash Flow
-$379/mo
Cash Margin
-20.2%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
4.6 mo79
Risk Index
35.1/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1490 Heron Road 305

Time

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Data last updated within the past 24 hours.