138 Sherway Drive, Barrhaven

$575,000
138 Sherway Drive

$575,000

New
16d
Link2-Storey

138 Sherway Drive, Barrhaven

Total Monthly Obligation $3,011

Beds
3
Baths
3
Park
3
Sqft
1500-2000
DOM
16d
Score
20
Yield
5.3%
Cash on Cash
-1.8%
Cap Rate
4.2%
5Y IRR
14.1%
10Y IRR
13.4%
Property Type-Link
MLS® Number-X13872936
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-34.96 × 99.89 ft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Link
Age-31-50
Taxes-$3,803.71 (2026)
Parking-4 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-ENGEL & VOLKERS OTTAWA
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-7701 - Barrhaven - Pheasant Run
Title-Residential Freehold

No agent assigned

This home offers a layout that can easily adapt to multi-generational families, different lifestyles and stages of life. The spacious main level includes a bedroom that could work great as a home office or guest room, without sacrificing a formal dining room, main-floor laundry and a family room with a wood-burning fireplace. The front living room brings character with its vaulted ceiling and beautiful hardwood flooring, while the private backyard is surrounded by mature trees and complete with a patio, gazebo and storage shed. The lower level adds even more value with a second kitchen featuring stainless steel appliances and a full bathroom with a glass walk-in shower, creating a great setup for extended family or older kids who would appreciate a little more independence. Upstairs, you'll find two additional bedrooms, including a primary with a walk-in closet, along with a full bathroom. Linked only by the garage and set in an established pocket of Barrhaven West, the home is close to parks, schools, Walter Baker Sports Centre, the library and everyday shopping.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$460,000
Land Transfer Taxes$7,975
Legal Fees (Est.)
$
Total cash required for closing$124,475

Total Monthly Obligation

$3,011/mo
Mortgage $2,319
Monthly Loss $2,401
Principal$610
Interest$1,709
Property Tax$317
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.2%1
5-Year IRR
10.0%35
10-Year IRR
10.6%
Returns Index
18.8/ 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
$30,300/yr
NOI
$18,966/yr
Net Cash Flow
-$739/mo
Cash Margin
-29.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
27.1/ 100

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

Comparables

Properties near 138 Sherway Drive

Time

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