1416 Woodward Avenue, Carlington - Central Park

$744,000
1416 Woodward Avenue

$744,000

New
50d
Detached2-Storey

1416 Woodward Avenue, Carlington - Central Park

Total Monthly Obligation $3,796

Beds
4
Baths
2
Park
2
Sqft
1500-2000
DOM
50d
Score
35
Yield
7.4%
Cash on Cash
8.1%
Cap Rate
6.3%
5Y IRR
22.1%
10Y IRR
20.1%
Property Type-Detached
MLS® Number-X13739674
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-50 × 98 ft
Listed on site-Sep 3, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,037 (2026)
Parking-3 - Carport
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-5301 - Carlington
Title-Residential Freehold

No agent assigned

Fantastic curb appeal is the first impression you'll get from this home nestled on a picturesque tree-lined street in a sought-after central location. This charming 4-bedroom home offers timeless character, versatile living space, and endless potential. Thoughtfully maintained, this home features spacious principal rooms, abundant natural light from the southern exposure, and a warm, welcoming atmosphere throughout. Newer kitchen cabinetry in the kitchen with a great view of the yard. Under cabinet lighting, wine storage, large pot drawers and a bonus pantry with rollout shelves. A professionally finished lower level significantly expands the living space, offering a large recreation room, a full bathroom, and an additional finished room. With the added convenience of a kitchenette, the lower level presents excellent potential for an in-law suite, guest accommodations, or multi-generational living. Hardwood floors under carpeting throughout the original footprint of the second level and stairway are begging to be revealed. Step outside to enjoy the private south-facing backyard, where mature perennial gardens provide colour and beauty throughout the seasons. Whether you're an avid gardener, hobbyist, or DIY enthusiast, the detached project shed with power offers the perfect space for creative pursuits, storage, or a workshop.Ideally situated close to parks, schools, shopping, dining, and transit, this property combines the charm of an established neighbourhood with the convenience of city living. A wonderful opportunity to make this character-filled home your own and add value with a few minor updates.

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

Closing Costs

Mortgage Amount
$595,200
Land Transfer Taxes$11,355
Legal Fees (Est.)
$
Total cash required for closing$161,655

Total Monthly Obligation

$3,796/mo
Mortgage $3,001
Monthly Loss $3,006
Principal$790
Interest$2,211
Property Tax$420
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.4%43
Cash-on-Cash
2.6%14
5-Year IRR
17.8%85
10-Year IRR
16.9%
Returns Index
48.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
35/ 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
$55,320/yr
NOI
$40,251/yr
Net Cash Flow
$353/mo
Cash Margin
7.7%19
Cash Flow Index
18.7/ 100
Risk Profile
Weight: 20%
DSCR
1.1237
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
31.7/ 100

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

Comparables

Properties near 1416 Woodward Avenue

Time

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