221 King Street, Carleton Place

$570,000
221 King Street

$570,000

New
16d
Att/Row/Townhouse2-Storey

221 King Street, Carleton Place

Total Monthly Obligation $3,045

Beds
3
Baths
4
Park
1
Sqft
1500-2000
DOM
16d
Score
21
Yield
5.6%
Cash on Cash
-1.1%
Cap Rate
4.3%
5Y IRR
14.7%
10Y IRR
13.9%
Property Type-Att/Row/Townhouse
MLS® Number-X13872700
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-25.16 × 109.15 ft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-6-15
Taxes-$4,450 (2026)
Parking-2 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-Living Room
Pool-None
Facing-West
Exterior-Vinyl Siding, Brick Veneer
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-909 - Carleton Place
Title-Residential Freehold

No agent assigned

Welcome to this 3 bed 4 bath end-unit townhome, perfectly situated in the growing and family-friendly community of Carleton Place. This home offers the ideal blend of comfort, space, and style perfect for first-time buyers, young families, or down-sizers alike. Step inside to discover a spacious, open-concept main floor thats designed for modern living. The living room features a cozy fireplace, that flows seamlessly into the dining area and kitchen. The kitchen is beautiful with granite counters, a breakfast bar, and ample cupboard/counter spaces .Upstairs, you will find 3 generously sized bedrooms, including a large primary suite with a 3 piece en-suite. 2nd floor also features laundry area, 2 spacious beds, 1 with its own walk-in closet, main bathroom with a soaker tub, double sinks, and a built-in linen closet.The finished basement offers a large rec-room and 4th bath with a shower. a rec room. Located in a quiet, well-established neighbourhood, just minutes from schools, parks, shops, restaurants, and the scenic Mississippi River (Walk to all amenities) Also comes with a strong sense of community, and quick access to Ottawa, Smiths Falls, Perth or Almonte for commuters.

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

Closing Costs

Mortgage Amount
$456,000
Land Transfer Taxes$7,875
Legal Fees (Est.)
$
Total cash required for closing$123,375

Total Monthly Obligation

$3,045/mo
Mortgage $2,299
Monthly Loss $2,440
Principal$605
Interest$1,694
Property Tax$371
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.6%2
5-Year IRR
10.5%39
10-Year IRR
11.0%
Returns Index
20.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$31,680/yr
NOI
$19,562/yr
Net Cash Flow
-$669/mo
Cash Margin
-25.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo53
Risk Index
27.2/ 100

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

Comparables

Properties near 221 King Street

Time

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Data last updated within the past 24 hours.