149 Groningen Street, Kanata

$1,199,000
149 Groningen Street

$1,199,000

New
22d
Detached2-Storey

149 Groningen Street, Kanata

Total Monthly Obligation $5,859

Beds
5
Baths
4
Park
2
Sqft
3000-3500
DOM
22d
Score
16
Yield
4.1%
Cash on Cash
-6.4%
Cap Rate
3.2%
5Y IRR
10.5%
10Y IRR
10.6%
Property Type-Detached
MLS® Number-X13847424
Beds-5
Bathrooms-4
Size-3000-3500 sqft
Lot Size-43.9 × 122 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$7,772.65 (2026)
Parking-4 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-INNOVATION REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Open
Neighbourhood-9010 - Kanata - Emerald Meadows/Trailwest
Title-Residential Freehold

No agent assigned

A true showcase of luxury, this is an immaculately kept and beautiful 5-bedroom, 4-bathroom detached home offered by its original owners. Extensive builder and custom upgrades featuring 9ft ceilings on EVERY level, additional windows, and floor to ceiling fireplace surround, make this home stand out as a truly move-in-ready, premium home in Blackstone. On a large 122' deep lot with no rear neighbours, this Southern exposure property backs directly onto Rouncey Park, providing peaceful views and access to greenspace to enjoy the Soccer field, sledding hill, playground, and community skating rink. Inside, enter into a bright open concept kitchen and greatroom with floor to ceiling windows, flexible main floor office, and formal dining room. Upstairs offers four spacious bedrooms, including a luxury primary suite, while the front bedroom with walk-in and additional second-floor family room feature vaulted ceilings. Downstairs, large windows, additional bedroom with ceiling mounted speakers and upgraded insulation, new bathroom, and 9' ceilings provide potential for living space, in-law suite, media room, or home gym. Outside, enjoy a fully fenced backyard designed for entertaining with a two-tier deck, pergola, and a plumbed natural gas fire table. Additional updates include: hardwood wire-brush plank flooring, tile throughout, upgraded fireplace, oversized patio doors, custom designed kitchen with raised cabinetry, soft-close hardware, additional drawers and storage, backsplash upgrade, raised hood fan, natural gas stove, butler's pantry, and premium lighting. Custom built-ins in every closet, central vacuum with kitchen kickplate, upgraded blinds and blackout curtains, additional power outlets, built-in infrared sauna, and a 200-amp electrical panel. Finally, striking black windows, stone exterior accents, permanent holiday lighting, an oversized garage to fit full sized vehicles, meticulous finishes, and amazing neighbors complete this feature property.

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

Closing Costs

Mortgage Amount
$959,200
Land Transfer Taxes$20,455
Legal Fees (Est.)
$
Total cash required for closing$261,755

Total Monthly Obligation

$5,859/mo
Mortgage $4,836
Monthly Loss $4,586
Principal$1,273
Interest$3,564
Property Tax$648
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.1%1
5-Year IRR
7.6%21
10-Year IRR
8.7%
Returns Index
11.9/ 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
$49,164/yr
NOI
$31,975/yr
Net Cash Flow
-$2,172/mo
Cash Margin
-53.0%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
16.4/ 100

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

Comparables

Properties near 149 Groningen Street

Time

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