188 HERITAGE PARK Drive, Greater Napanee

$499,900
188 HERITAGE PARK Drive

$499,900

New
9d
Att/Row/Townhouse2-Storey

188 HERITAGE PARK Drive, Greater Napanee

Total Monthly Obligation $2,391

Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
9d
Score
28
Yield
6.2%
Cash on Cash
5.4%
Cap Rate
5.8%
5Y IRR
19.9%
10Y IRR
18.2%
Property Type-Att/Row/Townhouse
MLS® Number-X14033224
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-20 × 130 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-New
Parking-2 - Attached
Basement-Unfinished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX FINEST REALTY INC., BROKERAGE
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Fibreglass Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-April 1 2027 Occupancy
Neighbourhood-58 - Greater Napanee
Title-Residential Freehold

No agent assigned

Welcome Home! Discover modern living in this brand-new, 1,695 sq. ft. two-storey executive end-unit townhome. Thoughtfully designed with style, comfort, and functionality in mind, this beautiful home features 3 spacious bedrooms, 2 full bathrooms, and 1 half bath. The generous primary suite offers a large ensuite complete with a double vanity, creating the perfect space to unwind. Enjoy the convenience of second-floor laundry and a bright, open-concept main floor featuring a spacious kitchen ideal for everyday living and entertaining. With its desirable end-unit location, contemporary design, and well-planned layout, this home is the perfect place to begin your next chapter!

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

Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,391/mo
Mortgage $2,016
Monthly Loss $1,861
Principal$531
Interest$1,486
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.7%34
Cash-on-Cash
-0.6%7
5-Year IRR
15.2%72
10-Year IRR
14.6%
Returns Index
38.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
28/ 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
$31,200/yr
NOI
$23,580/yr
Net Cash Flow
-$51/mo
Cash Margin
-2.0%3
Cash Flow Index
3.2/ 100
Risk Profile
Weight: 20%
DSCR
0.9725
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo68
Risk Index
37.2/ 100

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

Comparables

Properties near 188 HERITAGE PARK 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.