314 Central Park Drive 710, Carlington - Central Park

$429,000
314 Central Park Drive 710

$429,000

Price Change
17d
Condo ApartmentApartment

314 Central Park Drive 710, Carlington - Central Park

Total Monthly Obligation $2,831

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
17d
Score
19
Yield
6.6%
Cash on Cash
-4.1%
Cap Rate
3.7%
5Y IRR
12.3%
10Y IRR
12.0%
Property Type-Condo Apartment
MLS® Number-X13874606
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 6, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,800 (2026)
Maintenance-$583.73/mo
Locker-Exclusive
Parking-1 - Underground
Basement-Finished, None
Heating-Forced Air (Gas)
Brokerage-Ottawa True North Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-Flexible
Neighbourhood-5304 - Central Park
Title-Residential Condo & Other

No agent assigned

Exceptional 2-bedroom + den condo boasting spectacular views of the Experimental Farm in a prime city location. Meticulously maintained by the original owner, this bright and spotless home features fresh paint, stainless steel appliances, and hardwood flooring throughout-no carpet! Enjoy the convenience of a highly desirable underground parking space near the elevator, plus the comfort of a quiet, well-managed building. Ideally situated steps from shopping, restaurants, and transit, with quick access to Highway 417. Perfect for professionals, downsizers, or anyone seeking stylish, low-maintenance city living. A rare opportunity in an unbeatable location! Please note: photos were taken before the current tenants moved in, and some are virtually staged.

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

Closing Costs

Mortgage Amount
$343,200
Land Transfer Taxes$5,055
Legal Fees (Est.)
$
Total cash required for closing$92,355

Total Monthly Obligation

$2,831/mo
Mortgage $1,730
Monthly Loss $2,375
Principal$455
Interest$1,275
Property Tax$317
Condo Fees$584
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.4%1
5-Year IRR
8.5%26
10-Year IRR
9.7%
Returns Index
14.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$28,116/yr
NOI
$12,100/yr
Net Cash Flow
-$722/mo
Cash Margin
-30.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
27.5/ 100

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

Comparables

Properties near 314 Central Park Drive 710

Time

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Data last updated within the past 24 hours.