960 Meadowlands Drive, Mooneys Bay - Carleton Heights and Area

$379,900
960 Meadowlands Drive

$379,900

New
17d
Att/Row/Townhouse2-Storey

960 Meadowlands Drive, Mooneys Bay - Carleton Heights and Area

Total Monthly Obligation $2,154

HausQ Valuation Report
Beds
4
Baths
2
Park
2
Sqft
700-1100
DOM
17d
Score
37
Yield
8.2%
Cash on Cash
10.2%
Cap Rate
6.8%
5Y IRR
23.8%
10Y IRR
21.5%
Property Type-Att/Row/Townhouse
MLS® Number-X13880076
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-17.68 × 131.4 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$2,957 (2025)
Parking-2 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Other
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-4703 - Carleton Heights
Title-Residential Freehold

No agent assigned

Don't miss this fantastic opportunity to own a freehold townhome just steps from Mooney's Bay and Carleton University. The main floor features a spacious living and dining area with beautiful hardwood floors and a large picture window that fills the space with natural light. At the rear of the home, the bright eat-in kitchen overlooks the private, fenced backyard. Upstairs offers three generously sized bedrooms with ample closet space and a full bathroom. This property offers wonderful space , a private, fenced yard and two parking spaces. The fourth room at the lower has a full bath. A legal size window has been installed at this level. Large laundry area in the basement and lots of storage space. This home is ideal for families, first-time buyers, or investors looking for an excellent location. Some of the pics are virtually staged.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$303,920
Land Transfer Taxes$4,174
Legal Fees (Est.)
$
Total cash required for closing$81,654

Total Monthly Obligation

$2,154/mo
Mortgage $1,532
Monthly Loss $1,751
Principal$403
Interest$1,129
Property Tax$246
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.4%43
Cash-on-Cash
2.7%14
5-Year IRR
18.0%86
10-Year IRR
17.1%
Returns Index
48.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
37/ 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
$31,176/yr
NOI
$20,601/yr
Net Cash Flow
$184/mo
Cash Margin
7.1%17
Cash Flow Index
17.1/ 100
Risk Profile
Weight: 20%
DSCR
1.1237
LTV Ratio
80.0%18
Vacancy Buffer
4.4 mo75
Risk Index
43.5/ 100

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

Comparables

Properties near 960 Meadowlands Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.