1380 Prince Of Wales Drive PH6, Mooneys Bay - Carleton Heights and Area

$300,000
1380 Prince Of Wales Drive PH6

$300,000

New
50d
Condo Apartment2-Storey

1380 Prince Of Wales Drive PH6, Mooneys Bay - Carleton Heights and Area

Total Monthly Obligation $2,803

Beds
3
Baths
3
Park
1
Sqft
1600-1799
DOM
50d
Score
30
Yield
12.7%
Cash on Cash
9.1%
Cap Rate
6.5%
5Y IRR
22.9%
10Y IRR
20.7%
Property Type-Condo Apartment
MLS® Number-X13740038
Beds-3
Bathrooms-3
Size-1600-1799 sqft
Listed on site-Sep 3, 2026
Style-2-Storey
Building Type-Condo Apartment
Taxes-$3,510 (2025)
Maintenance-$1,100/mo
Locker-None
Parking-1 - Attached
Basement-None
Heating-Baseboard (Electric)
Brokerage-RE/MAX ABSOLUTE WALKER REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-Flexible
Neighbourhood-4702 - Carleton Square
Title-Residential Condo & Other

No agent assigned

RARELY AVAILABLE PENTHOUSE WITH STUNNING VIEWS! Experience the best of both worlds with this expansive, approximately 1,600 sqft (owner), two-storey penthouse that feels more like a sky-bound townhome than a condo. The thoughtfully designed main level features a generous kitchen with ample cabinetry and counter space, a grand living room, a versatile formal dining area, a convenient powder room, a dedicated storage area, and a cozy computer nook. Upstairs, you'll find three spacious bedrooms (currently set up as a two-bedroom), including a primary suite with its own full ensuite bath, plus a second full bathroom offering additional storage. Step outside onto your private, open-air terrace overlooking the cityscape and enjoy breathtaking views. Set in a secure, well-managed building loaded with amenities indoor pool and sauna, library, bicycle storage, car wash bay, and your own underground parking spot on the first level. All of this within walking distance to shops, dining, parks, and the beach.

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

Closing Costs

Mortgage Amount
$240,000
Land Transfer Taxes$2,975
Legal Fees (Est.)
$
Total cash required for closing$64,475

Total Monthly Obligation

$2,803/mo
Mortgage $1,210
Monthly Loss $2,484
Principal$318
Interest$892
Property Tax$293
Condo Fees$1,100
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
5.0%38
Cash-on-Cash
1.0%9
5-Year IRR
17.2%83
10-Year IRR
17.0%
Returns Index
44.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
30/ 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
$38,052/yr
NOI
$15,137/yr
Net Cash Flow
$51/mo
Cash Margin
1.6%6
Cash Flow Index
6.4/ 100
Risk Profile
Weight: 20%
DSCR
1.0430
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo57
Risk Index
35.4/ 100

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

Comparables

Properties near 1380 Prince Of Wales Drive PH6

Time

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