2019 Carling Avenue N 408, Carlingwood - Westboro and Area

$399,900
2019 Carling Avenue N 408

$399,900

Extension
116d
Condo Apartment1 Storey/Apt

2019 Carling Avenue N 408, Carlingwood - Westboro and Area

Total Monthly Obligation $2,808

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
116d
Score
27
Yield
9.2%
Cash on Cash
5.4%
Cap Rate
5.7%
5Y IRR
19.9%
10Y IRR
18.2%
Property Type-Condo Apartment
MLS® Number-X13501256
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Jun 29, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$3,682.39 (2026)
Maintenance-$688.4/mo
Locker-None
Parking-1 - Underground
Basement-None, Other
Heating-Baseboard (Electric)
Brokerage-ROYAL LEPAGE PERFORMANCE REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Brick Front
Roof-Asphalt Shingle
Possession-Flexible
Neighbourhood-5103 - Carlingwood
Title-Residential Condo & Other

No agent assigned

Welcome to Carling Terrace, a well-managed, low-rise building, walking distance to Carlingwood Mall & a variety of amenities including PublicTransit ,& quick access to The Civic Hospital & the Scenic Ottawa River Parkway network. This south facing unit features 2 well sized Bedrooms , 2 Full Updated Bathrooms and Garage parking. An Open Concept Living/Dining opens to the spacious sun-filled Atrium . This smartly Renovated Kitchen with its Modern Finishes creates a welcoming space for meal prep. The spacious Primary Bdrm has a Walk In Closet leading to 4 Pc ENSUITE. The 2nd Bdrm is also a generous size 15'x10'4 with access to the Atrium. The ATRIUM offers a multi-purpose function from home office, your private sitting aera or a special spot to enjoy casual dining . The Atrium provides flexible bonus living space with a unique outdoor connection. Convenient IN UNIT LAUNDRY is always an appreciated feature. Gorgeous HARDWOOD runs throughout the living-dining & second bedroom areas. Hidden Storage/ Utility room behind closet in Foyer. Enjoy socializing on those fair weather days at the scenic Outdoor Heated POOL & Sitting Area surrounded by beautiful gardens. An EVENT ROOM & VISITOR SUITE is available to rent to host larger social gatherings w Family & Friends. Pets are permitted, w restrictions. Building Amenities include Party/ Social Room, Outdoor Heated Pool, Guest Suite--- Newly installed Windows. 48Hrs IRREVOCABLE on OFFERS.

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

Closing Costs

Mortgage Amount
$319,920
Land Transfer Taxes$4,474
Legal Fees (Est.)
$
Total cash required for closing$85,954

Total Monthly Obligation

$2,808/mo
Mortgage $1,613
Monthly Loss $2,384
Principal$424
Interest$1,189
Property Tax$307
Condo Fees$688
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.7%34
Cash-on-Cash
-0.9%6
5-Year IRR
15.3%73
10-Year IRR
15.1%
Returns Index
38.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
27/ 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
$36,600/yr
NOI
$18,597/yr
Net Cash Flow
-$63/mo
Cash Margin
-2.1%3
Cash Flow Index
3.2/ 100
Risk Profile
Weight: 20%
DSCR
0.9624
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo57
Risk Index
33.2/ 100

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

Comparables

Properties near 2019 Carling Avenue N 408

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