20 Chesterton Drive 1217, Cityview - Parkwoods Hills - Rideau Shore

$245,000
20 Chesterton Drive 1217

$245,000

New
22d
Condo Apartment1 Storey/Apt

20 Chesterton Drive 1217, Cityview - Parkwoods Hills - Rideau Shore

Total Monthly Obligation $2,140

Beds
2
Baths
1
Park
1
Sqft
700-799
DOM
22d
Score
28
Yield
11.3%
Cash on Cash
7.0%
Cap Rate
6.1%
5Y IRR
21.2%
10Y IRR
19.3%
Property Type-Condo Apartment
MLS® Number-X13851668
Beds-2
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 1, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-51-99
Taxes-$2,423 (2026)
Maintenance-$749.46/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Baseboard (Electric)
Brokerage-BENNETT PROPERTY SHOP REALTY
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Immediate
Neighbourhood-7202 - Borden Farm/Stewart Farm/Carleton Heights/Parkwood Hills
Title-Residential Condo & Other

No agent assigned

Elevate your lifestyle at Chesterton Towers! Exceptional location, walk to everything you need, food stores, Movati, Appletree Clinic, Costco, Farm Boy and many restaurants. This bright 12th-floor 2-bedroom, 1-bath condo offers spacious, comfortable living with impressive top-floor views. Freshly painted, clean and truly move-in ready, the open-concept layout features a well-appointed kitchen, dedicated dining area and a generous living room filled with natural light. The sunlit primary bedroom offers a large closet, and the well-sized second bedroom are both conveniently located near the 4-piece bath. Step onto your private balcony and take in the sunny views-perfect for morning coffee or the sunsets while unwinding at the end of the day. All in condo fee - NO SURPRISES making home ownership simple, predictable and worry free. Monthly fee covering heat, hydro, water/sewer, underground parking, storage locker, building insurance, management fee, reserve fund contributions, maintenance and repairs, garbage and snow removal plus laundry conveniently located on each floor. Impressive amenities designed for an active and social lifestyle, including an outdoor saltwater pool, sauna, exercise room, games room, hobby/woodworking room, library, bicycle storage, large rooftop deck, landscaped grounds, picnic area, playground, visitor parking and guest suite. Owners appreciate the active social events planned on a regular basis - Secure touchscreen entry, electronic key-fob access and three elevators add convenience and peace of mind. You will enjoy living at Chesterton Towers! 24 hours irrevocable on all offers.

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

Closing Costs

Mortgage Amount
$196,000
Land Transfer Taxes$2,175
Legal Fees (Est.)
$
Total cash required for closing$52,675

Total Monthly Obligation

$2,140/mo
Mortgage $988
Monthly Loss $1,880
Principal$260
Interest$728
Property Tax$202
Condo Fees$749
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.6%33
Cash-on-Cash
-1.3%6
5-Year IRR
15.3%73
10-Year IRR
15.3%
Returns Index
38.0/ 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
$27,768/yr
NOI
$11,175/yr
Net Cash Flow
-$57/mo
Cash Margin
-2.5%3
Cash Flow Index
3.0/ 100
Risk Profile
Weight: 20%
DSCR
0.9423
LTV Ratio
80.0%18
Vacancy Buffer
4.4 mo76
Risk Index
38.9/ 100

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

Comparables

Properties near 20 Chesterton Drive 1217

Time

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Data last updated within the past 24 hours.