140 Rideau Terrace 1, New Edinburgh - Lindenlea

$999,500
140 Rideau Terrace 1

$999,500

Price Change
53d
Condo Apartment1 Storey/Apt

140 Rideau Terrace 1, New Edinburgh - Lindenlea

Total Monthly Obligation $5,935

HausQ Valuation Report
Beds
3
Baths
2
Park
1
Sqft
1800-1999
DOM
53d
Score
16
Yield
5.5%
Cash on Cash
-6.4%
Cap Rate
3.2%
5Y IRR
10.6%
10Y IRR
10.7%
Property Type-Condo Apartment
MLS® Number-X13729530
Beds-3
Bathrooms-2
Size-1800-1999 sqft
Listed on site-Aug 31, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-31-50
Taxes-$7,657 (2026)
Maintenance-$1,065.39/mo
Locker-Owned
Parking-1 - Other
Basement-None
Heating-Heat Pump (Gas)
Brokerage-CALDWELL & ASSOCIATES REALTY LIMITED
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Brick
Possession-Quick close welcome
Neighbourhood-3302 - Lindenlea
Title-Residential Condo & Other

No agent assigned

The tree-lined street of Rideau Terrace has an enticing charm that makes you look twice. If you are drawn to the unique combination of historic charm, distinctive architecture and a prime location in a lively urban neighbourhood, you may wish to consider 1-140 Rideau Terrace. This unit offers three bedrooms plus a spacious den, a combined living and dining room, a spacious kitchen with a breakfast area, and a highly desirable 1,000 sq ft (approx) terrace. The current owners upgraded the patio by investing $170,000 to ensure the exterior space remains enjoyable for years to come. The terrace upgrades include removing the previous patio stones, installing a new membrane, installing new patio stones, improving drainage, and replacing a 60-foot-by-8-foot high privacy wall. The owners had planned to make interior upgrades; however, due to changes in their personal plans, they decided that new owners may wish to put their own take on the property or may prefer to keep things as they are.

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

Closing Costs

Mortgage Amount
$799,600
Land Transfer Taxes$16,465
Legal Fees (Est.)
$
Total cash required for closing$217,865

Total Monthly Obligation

$5,935/mo
Mortgage $4,032
Monthly Loss $4,874
Principal$1,061
Interest$2,971
Property Tax$638
Condo Fees$1,065
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.2%1
5-Year IRR
7.8%22
10-Year IRR
9.0%
Returns Index
12.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$54,840/yr
NOI
$26,514/yr
Net Cash Flow
-$1,822/mo
Cash Margin
-39.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
16.3/ 100

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

Comparables

Properties near 140 Rideau Terrace 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.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

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

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.