1031 Carling Avenue 1, Dows Lake - Civic Hospital and Area

$839,000
1031 Carling Avenue 1

$839,000

New
87d
Detached CondoMulti-Level

1031 Carling Avenue 1, Dows Lake - Civic Hospital and Area

Total Monthly Obligation $4,589

HausQ Valuation Report
Beds
3
Baths
4
Park
1
Sqft
1800-1999
DOM
87d
Score
15
Yield
4.1%
Cash on Cash
-9.9%
Cap Rate
2.4%
5Y IRR
7.8%
10Y IRR
8.5%
Property Type-Detached Condo
MLS® Number-X13612842
Beds-3
Bathrooms-4
Size-1800-1999 sqft
Listed on site-Jul 28, 2026
Style-Multi-Level
Building Type-Detached Condo
Taxes-$7,056 (2025)
Maintenance-$417/mo
Locker-None
Parking-2 - Detached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-CMI REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Stone, Concrete
Possession-Immediate
Neighbourhood-4504 - Civic Hospital
Title-Residential Condo & Other

No agent assigned

Discover an exceptional investment opportunity at 1031 Carling Avenue, Unit 1, in Ottawa's highly desirable Dows Lake-Civic Hospital neighborhood. This unique multi-level detached condominium offers an attractive combination of privacy, functionality, and long-term investment potential in one of the city's most sought-after locations. Its versatile layout appeals to a wide range of tenants, including healthcare professionals, students, and young professionals, while the low-maintenance condominium lifestyle helps simplify ownership. Ideally situated just minutes from the Civic Hospital, Dows Lake, Little Italy, downtown Ottawa, public transit, shopping, restaurants, and recreational amenities, this property benefits from consistent rental demand and excellent connectivity. Whether you're looking to expand your real estate portfolio or secure a property in a high-demand neighborhood with strong appreciation potential, this is an opportunity not to be missed.

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Closing Costs

Mortgage Amount
$671,200
Land Transfer Taxes$13,255
Legal Fees (Est.)
$
Total cash required for closing$182,555

Total Monthly Obligation

$4,589/mo
Mortgage $3,384
Monthly Loss $3,699
Principal$891
Interest$2,494
Property Tax$588
Condo Fees$417
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.9%12
Cash-on-Cash
-13.5%0
5-Year IRR
5.2%11
10-Year IRR
6.9%
Returns Index
7.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$34,200/yr
NOI
$16,320/yr
Net Cash Flow
-$2,024/mo
Cash Margin
-71.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.403
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
18.2/ 100

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

Comparables

Properties near 1031 Carling Avenue 1

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.