424 Velocity Mews, Kanata

$556,900
424 Velocity Mews

$556,900

New
21d
Att/Row/Townhouse3-Storey

424 Velocity Mews, Kanata

Total Monthly Obligation $2,621

HausQ Valuation Report
Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
21d
Score
25
Yield
5.6%
Cash on Cash
2.7%
Cap Rate
5.2%
5Y IRR
17.7%
10Y IRR
16.4%
Property Type-Att/Row/Townhouse
MLS® Number-X13853194
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-24 × 45 ft
Listed on site-Oct 2, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Parking-2 - Attached
Basement-None
Heating-Heat Pump (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Slab
Sewer-Sewer
Possession-Other
Neighbourhood-9008 - Kanata - Morgan's Grant/South March
Title-Residential Freehold

No agent assigned

The McKee Corner is available only as a corner unit, is the largest of our Avenue Townhomes, and offers a Family Room on the First Floor for more living space. Step up to the Second Floor and you'll notice how bright this floor is with the windows providing a lot of natural lighting. The Second Floor gives you a Breakfast Area for those early morning coffees. Be treated to 3 Bedrooms on the Third Floor including a Primary Bedroom with ensuite and a large walk-in-closet. All Avenue Townhomes feature a single car garage, 9' Ceilings on the Second Floor, and an exterior balcony on the Second Floor to provide you with a beautiful view of your new community. Brookline is the perfect pairing of peace of mind and progress. Offering a wealth of parks and pathways in a new, modern community neighbouring one of Canada's most progressive economic epicenters. The property's prime location provides easy access to schools, parks, shopping centers, and major transportation routes. April 22nd 2027 occupancy.

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

Closing Costs

Mortgage Amount
$445,520
Land Transfer Taxes$7,613
Legal Fees (Est.)
$
Total cash required for closing$120,493

Total Monthly Obligation

$2,621/mo
Mortgage $2,246
Monthly Loss $2,030
Principal$591
Interest$1,655
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-2.8%4
5-Year IRR
13.3%60
10-Year IRR
13.2%
Returns Index
31.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$31,200/yr
NOI
$23,580/yr
Net Cash Flow
-$281/mo
Cash Margin
-10.8%1
Cash Flow Index
0.6/ 100
Risk Profile
Weight: 20%
DSCR
0.8718
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
33.0/ 100

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

Comparables

Properties near 424 Velocity Mews

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.