1350 HEMLOCK Road 415, Manor Park - Cardinal Glen and Area

$347,000
1350 HEMLOCK Road 415

$347,000

New
16d
Condo ApartmentApartment

1350 HEMLOCK Road 415, Manor Park - Cardinal Glen and Area

Total Monthly Obligation $2,322

Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
16d
Score
20
Yield
6.7%
Cash on Cash
-3.6%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Condo Apartment
MLS® Number-X13873208
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,669.67 (2026)
Maintenance-$416.26/mo
Locker-Owned
Parking-1 - Underground
Basement-None, None
Heating-Water (Other)
Brokerage-TRU REALTY
Cooling-Other
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Stone
Possession-60-89 days
Neighbourhood-3104 - CFB Rockcliffe and Area
Title-Residential Condo & Other

No agent assigned

Newer FURNISHED 1 bedroom modern apartment in desirable WaterRidge village. Comfortable living with with low maintenance unit . Bright kitchen is equipped with extended height cabinets and upgraded appliances. Unit comes with parking spot 61 , locker nr 126 . Two rooms are virtually staged. Bike racks available in the underground garage. Residents can enjoy convenient ground-floor amenities, including cafés, a convenience store, a pharmacy, and Club Pilates.Water is heated and cooled by Temspec Spartan TE226 Vertical Stack Fan Coil.Minutes to Beechwood av, Montfort hospital, Blair LRT station, 10-12 min drive to Downtown. Playground, water park, skating ring, tennis court right at your door. Enjoy gorgeous evening sunsets & Gatineau Hill vistas, walking/biking along the Ottawa River.

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

Closing Costs

Mortgage Amount
$277,600
Land Transfer Taxes$3,680
Legal Fees (Est.)
$
Total cash required for closing$74,580

Total Monthly Obligation

$2,322/mo
Mortgage $1,400
Monthly Loss $1,953
Principal$368
Interest$1,031
Property Tax$306
Condo Fees$416
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.3%1
5-Year IRR
8.6%26
10-Year IRR
9.7%
Returns Index
14.3/ 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
$23,208/yr
NOI
$9,822/yr
Net Cash Flow
-$581/mo
Cash Margin
-30.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.587
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo71
Risk Index
32.0/ 100

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

Comparables

Properties near 1350 HEMLOCK Road 415

Time

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Data last updated within the past 24 hours.