960 Teron Road 401, Kanata

$338,500
960 Teron Road 401

$338,500

New
18d
Condo ApartmentApartment

960 Teron Road 401, Kanata

Total Monthly Obligation $2,733

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
18d
Score
20
Yield
8.8%
Cash on Cash
-1.8%
Cap Rate
4.2%
5Y IRR
14.2%
10Y IRR
13.5%
Property Type-Condo Apartment
MLS® Number-X13861046
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Age-31-50
Taxes-$3,095.17 (2026)
Maintenance-$910.04/mo
Locker-Exclusive
Parking-1 - Other
Basement-None
Heating-Baseboard (Electric)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Other
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-9001 - Kanata - Beaverbrook
Title-Residential Condo & Other

No agent assigned

Welcome to bright, updated condo living in the sought-after 'The Atriums at Kanata'. This spacious 2-bedroom, 2-full-bath unit offers a functional layout, generous natural light, and a beautiful solarium overlooking the quiet pool area and mature, tree-lined surroundings. The refreshed kitchen features new quartz counters and has been opened to the dining area, creating a brighter, more connected space for everyday living and entertaining. New LVP flooring throughout and fresh paint make the entire unit feel clean, current, and move-in ready. The primary bedroom includes its own 3-piece ensuite, while the second bedroom and updated main bath offer great flexibility for guests, a home office, or hobby space. In-suite laundry with a new washer and dryer adds everyday convenience. The spacious solarium is a standout feature, offering valuable extra living space and peaceful green views year-round. The Atriums are known for their welcoming, social community, with regular activities and gatherings, along with excellent amenities including an outdoor pool, exercise room, party room, squash/racquet court, tennis court, and visitor parking. All of this in a quiet, established Kanata location close to shopping, transit, recreation, nature trails, and easy Highway 417 access. A move-in-ready home with great space, amenities, and a true sense of community. Heat pump (2018) is regularly serviced. Washer/dryer (2025). Hot water tank (2025). Refreshed kitchen with quartz counters and opened to DR (2026). New LVP flooring (June 2026), freshly painted (2026). Refreshed bathrooms.

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

Closing Costs

Mortgage Amount
$270,800
Land Transfer Taxes$3,553
Legal Fees (Est.)
$
Total cash required for closing$72,753

Total Monthly Obligation

$2,733/mo
Mortgage $1,365
Monthly Loss $2,374
Principal$359
Interest$1,006
Property Tax$258
Condo Fees$910
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.3%1
5-Year IRR
9.7%33
10-Year IRR
10.8%
Returns Index
17.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$29,748/yr
NOI
$10,358/yr
Net Cash Flow
-$502/mo
Cash Margin
-20.3%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
28.6/ 100

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

Comparables

Properties near 960 Teron Road 401

Time

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