280 Brittany Drive 106, Manor Park - Cardinal Glen and Area

$290,000
280 Brittany Drive 106

$290,000

New
24d
Condo Apartment1 Storey/Apt

280 Brittany Drive 106, Manor Park - Cardinal Glen and Area

Total Monthly Obligation $2,045

HausQ Valuation Report
Beds
2
Baths
1
Park
1
Sqft
800-899
DOM
24d
Score
28
Yield
9.0%
Cash on Cash
5.5%
Cap Rate
5.8%
5Y IRR
20.0%
10Y IRR
18.2%
Property Type-Condo Apartment
MLS® Number-X13840264
Beds-2
Bathrooms-1
Size-800-899 sqft
Listed on site-Sep 29, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-31-50
Taxes-$3,096 (2026)
Maintenance-$416.94/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Baseboard (Electric)
Brokerage-BENNETT PROPERTY SHOP REALTY
Cooling-Window Unit(s)
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Aluminum Siding, Brick
Possession-Flexible
Neighbourhood-3103 - Viscount Alexander Park
Title-Residential Condo & Other

No agent assigned

Prepare to be impressed by the resort-style amenities! In the warmer months, you can enjoy the heated outdoor pool surrounded by private ponds and parklands or hit the courts and play a game of tennis/pickleball. Throughout the year take advantage of the indoor pool, gym, racquetball court, and private party room anytime. When you retreat to your condo, you will love the open concept living with spacious bedrooms, in-unit laundry and a convenient storage room right in the unit. The private walk-out patio overlooking greenery is the perfect place to relax, BBQ, and do some gardening. Such a convenient location with walking distance to essential shopping, restaurants, nature trails and public transit at your doorstep that can take you downtown in minutes. The exquisitely landscaped grounds around the community feature walking trails that are perfect for your morning/evening stroll. This condo will give you the serene lifestyle you deserve, book a showing today! 24 hours irrevocable on all offers.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$232,000
Land Transfer Taxes$2,825
Legal Fees (Est.)
$
Total cash required for closing$62,325

Total Monthly Obligation

$2,045/mo
Mortgage $1,170
Monthly Loss $1,737
Principal$308
Interest$862
Property Tax$258
Condo Fees$417
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.5%32
Cash-on-Cash
-1.5%5
5-Year IRR
14.8%70
10-Year IRR
14.7%
Returns Index
36.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
28/ 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
$26,196/yr
NOI
$13,077/yr
Net Cash Flow
-$80/mo
Cash Margin
-3.7%2
Cash Flow Index
2.3/ 100
Risk Profile
Weight: 20%
DSCR
0.9322
LTV Ratio
80.0%18
Vacancy Buffer
4.6 mo79
Risk Index
39.6/ 100

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

Comparables

Properties near 280 Brittany Drive 106

Time

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