1361 Summerville Avenue, Carlington - Central Park

$619,900
1361 Summerville Avenue

$619,900

Price Change
100d
Detached1 1/2 Storey

1361 Summerville Avenue, Carlington - Central Park

Total Monthly Obligation $3,321

Beds
4
Baths
3
Park
4
Sqft
1500-2000
DOM
100d
Score
24
Yield
6.4%
Cash on Cash
2.5%
Cap Rate
5.1%
5Y IRR
17.6%
10Y IRR
16.2%
Property Type-Detached
MLS® Number-X13572110
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-50 × 135 ft
Listed on site-Jul 15, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-51-99
Taxes-$5,347.75 (2025)
Parking-6 - Detached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-BENNETT PROPERTY SHOP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Living Room
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-TBD
Neighbourhood-5303 - Carlington
Title-Residential Freehold

No agent assigned

Solid all-brick 3-bedroom + den, 2.5-bathroom home on a generously sized lot in Carlington. Offering a functional layout with plenty of natural light, the main floor features a living room, large kitchen with access to the backyard, a full bathroom, and a versatile bedroom + den that works well as a home office. Upstairs are two spacious bedrooms and a second full bathroom. The lower level, with a separate exterior entrance, includes a powder bathroom and additional flexible space suitable for a family room, office, bedroom, or storage.The oversized detached garage includes a separate 100-amp electrical service with 4x 220V outlets, plus access to a 10' x 10' storage shed.Conveniently located near parks, Carlington Hill, the Carlington Recreation Centre, the Experimental Farm, the Civic Hospital, schools, shopping, restaurants, and with easy access to Highway 417. A well-built home offering an excellent opportunity for buyers looking to personalize in a desirable central neighbourhood. Some photos have been digitally enhanced. 24-hour irrevocable on all offers.

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Closing Costs

Mortgage Amount
$495,920
Land Transfer Taxes$8,873
Legal Fees (Est.)
$
Total cash required for closing$134,353

Total Monthly Obligation

$3,321/mo
Mortgage $2,501
Monthly Loss $2,663
Principal$658
Interest$1,843
Property Tax$446
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-3.0%4
5-Year IRR
13.3%60
10-Year IRR
13.2%
Returns Index
31.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$39,804/yr
NOI
$25,976/yr
Net Cash Flow
-$336/mo
Cash Margin
-10.1%1
Cash Flow Index
0.7/ 100
Risk Profile
Weight: 20%
DSCR
0.8718
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
27.8/ 100

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

Comparables

Properties near 1361 Summerville Avenue

Time

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