9 Mersey Drive, Kanata

$939,500
9 Mersey Drive

$939,500

New
8d
Detached2-Storey

9 Mersey Drive, Kanata

Total Monthly Obligation $4,622

Beds
4
Baths
3
Park
2
Sqft
2000-2500
DOM
8d
Score
17
Yield
4.3%
Cash on Cash
-5.5%
Cap Rate
3.4%
5Y IRR
11.2%
10Y IRR
11.2%
Property Type-Detached
MLS® Number-X14082098
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-45.55 × 86.84 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$5,490.21 (2026)
Parking-4 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-9008 - Kanata - Morgan's Grant/South March
Title-Residential Freehold

No agent assigned

WOW! A stunning, warm, welcoming 4 bedroom, 3 bath, 2 storey home located on a quiet street in Morgan's Grant, Kanata North. Welcome to this beautifully upgraded and meticulously maintained home located across from a park in a sought after neighbourhood. Offering exceptional curb appeal, inviting main floor, thoughtfully designed living spaces and an impressive list of renovations. This home is truly move-in ready. The heart of the home is the professionally designed and custom-built kitchen, featuring an oversized island, a bar fridge and a Kitchen Aid "garage" in the island, providing exceptional storage and functionality. Custom built-in bookcases in the family room. 9 foot ceilings on main level. Stunning spiral staircases to 2nd floor and to basement. Both the fully renovated powder room (2014) and 4 piece ensuite (2025) were professionally designed and custom built with quartz countertops. Recessed medicine cabinets in ensuite. Two-way black-out blinds in primary bedroom, which includes a large walk-in closet. There is also a walk-in closet in the 4th bedroom. The laundry room is conveniently located on top floor. Other upgrades/highlights include retractable window awnings, professionally designed and custom-built finished basement (2012) with dry bar, 2 separate storage areas and a workroom. Central vac, custom interlock driveway, upgraded light fixtures and toilets throughout. South facing garden oasis in a truly unique setting with many perennials and mature trees. Well maintained by original owners with replacements of roof in 2015, furnace and A/C unit 2017 and A/C coil 2025. A wonderful opportunity to own a beautifully upgraded home with a large deck and patio in an exceptional backyard located in a prime area. Come see everything this home has to offer. Close to Shoppers, Sobeys, Richcraft Recreational Centre, South March Highlands, schools, churches, DND and high-tech sector. 24 hours irr. on all offers.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$751,600
Land Transfer Taxes$15,265
Legal Fees (Est.)
$
Total cash required for closing$204,665

Total Monthly Obligation

$4,622/mo
Mortgage $3,790
Monthly Loss $3,625
Principal$997
Interest$2,792
Property Tax$458
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.5%1
5-Year IRR
8.1%24
10-Year IRR
9.1%
Returns Index
13.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$40,200/yr
NOI
$26,190/yr
Net Cash Flow
-$1,607/mo
Cash Margin
-48.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
19.0/ 100

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

Comparables

Properties near 9 Mersey Drive

Time

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