120 Cortile Private 101, Blossom Park - Airport and Area

$559,900
120 Cortile Private 101

$559,900

New
22d
Condo ApartmentApartment

120 Cortile Private 101, Blossom Park - Airport and Area

Total Monthly Obligation $3,604

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
22d
Score
17
Yield
5.8%
Cash on Cash
-7.2%
Cap Rate
3.0%
5Y IRR
9.9%
10Y IRR
10.1%
Property Type-Condo Apartment
MLS® Number-X13852202
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$5,221.68 (2026)
Maintenance-$710.34/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Radiant (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Metal/Steel Siding
Foundation-Poured Concrete
Possession-TBA
Neighbourhood-2602 - Riverside South/Gloucester Glen
Title-Residential Condo & Other

No agent assigned

Meet your next address. 120 Cortile Private is the kind of property that tranquility was made for. Mature trees and a ravine at your front door - all tucked into one of Riverside South's most desired enclaves at the Urbandale's distinguished Allora complex. Inside you will find that this elegant, south facing corner Tofino model was thoughtfully designed to maximize space and functionality. It offers an open concept plan with hardwood flooring throughout, 10' ceilings and oversized doors, expansive floor to ceiling windows equipped with custom blinds boasting an abundance of natural light. A contemporary kitchen with quartz countertops, lots of storage, a large island and stainless steel appliances are just some of the special touches.. Master bedroom includes a walk in closet with ample space for wardrobes and an ensuite with glass shower and double sinks. The versatile second bedroom can be used as a home office or a combo of both. A second 4 piece bath and in-suite laundry complete the space. The private balcony provides a captivating view of the beautifully treed, lush ravine. Just steps from walking trails, parks and shopping. The trifecta - nature, convenience and style!

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

Closing Costs

Mortgage Amount
$447,920
Land Transfer Taxes$7,673
Legal Fees (Est.)
$
Total cash required for closing$121,153

Total Monthly Obligation

$3,604/mo
Mortgage $2,258
Monthly Loss $3,010
Principal$594
Interest$1,664
Property Tax$435
Condo Fees$710
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.8%0
5-Year IRR
6.6%17
10-Year IRR
8.2%
Returns Index
9.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$32,256/yr
NOI
$12,885/yr
Net Cash Flow
-$1,185/mo
Cash Margin
-44.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
22.0/ 100

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

Comparables

Properties near 120 Cortile Private 101

Time

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