31 Springfield Road C, New Edinburgh - Lindenlea

$745,000
31 Springfield Road C

$745,000

New
35d
Condo Townhouse2-Storey

31 Springfield Road C, New Edinburgh - Lindenlea

Total Monthly Obligation $4,226

Beds
2
Baths
2
Park
1
Sqft
1200-1399
DOM
35d
Score
15
Yield
3.8%
Cash on Cash
-12.3%
Cap Rate
1.9%
5Y IRR
6.0%
10Y IRR
7.2%
Property Type-Condo Townhouse
MLS® Number-X13804586
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Sep 18, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$5,437.94 (2025)
Maintenance-$567.55/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-Natural Gas
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-3302 - Lindenlea
Title-Residential Condo & Other

No agent assigned

Located in Lindenlea, this executive brownstone-style stacked condominium blends timeless architecture with sophisticated design and an exceptional walkable lifestyle. Occupying the top two levels of the building, this thoughtfully designed 2-bedroom, 2-bathroom residence spans approximately 1,141 sq. ft. and includes two separate private outdoor spaces along with one exterior parking space.The sun-filled main level features soaring ceilings, rich hardwood flooring, oversized windows, and an open-concept layout designed for both everyday living and entertaining. The main living area is anchored by a designer kitchen featuring granite countertops, a large centre island with seating, full-height custom cabinetry, stainless steel appliances, a gas range, and exceptional storage. The adjoining living room is warmed by a contemporary gas fireplace with custom built-ins and opens onto a spacious private terrace surrounded by mature trees.Upstairs, the impressive primary suite features custom closet organization, a well-finished ensuite bathroom, and its own private balcony-an ideal place to enjoy your morning coffee. A second spacious bedroom and a stylish second full bathroom with integrated laundry complete the upper level.Just steps from Beechwood Village, boutique shops, cafés, restaurants, Stanley Park, Rideau River pathways, and Rideau Hall, this turnkey residence combines sophisticated design with an outstanding urban lifestyle in one of Ottawa's most desirable neighbourhoods.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$596,000
Land Transfer Taxes$11,375
Legal Fees (Est.)
$
Total cash required for closing$161,875

Total Monthly Obligation

$4,226/mo
Mortgage $3,005
Monthly Loss $3,435
Principal$791
Interest$2,214
Property Tax$453
Condo Fees$568
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.4%9
Cash-on-Cash
-15.9%0
5-Year IRR
3.4%7
10-Year IRR
5.6%
Returns Index
4.7/ 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
$28,128/yr
NOI
$10,667/yr
Net Cash Flow
-$2,116/mo
Cash Margin
-90.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.302
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
18.9/ 100

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

Comparables

Properties near 31 Springfield Road C

Time

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