2610 Draper Avenue 67, Parkway Park - Queensway Terrace S and Area

$359,900
2610 Draper Avenue 67

$359,900

New
8d
Condo Townhouse2-Storey

2610 Draper Avenue 67, Parkway Park - Queensway Terrace S and Area

Total Monthly Obligation $2,424

Bed+Den
3+1
Baths
2
Park
1
Sqft
900-999
DOM
8d
Score
19
Yield
6.3%
Cash on Cash
-5.7%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Condo Townhouse
MLS® Number-X14082918
Bed+Den-3+1
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$2,308.48 (2026)
Maintenance-$580/mo
Locker-None
Parking-1 - None
Basement-Full, Finished
Heating-Baseboard (Electric)
Brokerage-ROYAL LEPAGE PERFORMANCE REALTY
Cooling-None
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Immediate
Neighbourhood-6301 - Redwood Park
Title-Residential Condo & Other

No agent assigned

END-UNIT Townhome with a flexible three-level layout that offers excellent possibilities for homeowners, extended families and investors alike! This 2+1 bedroom, 2 full bathroom home offers a fresh, modern feel with a number of recent updates and a configuration that makes exceptional use of the space. The entry foyer provides separate access to the lower level and the upper two levels, adding privacy and versatility for a variety of living arrangements. Contemporary laminate flooring extends throughout. On the main floor, a spacious living room with a large south-facing window brings in plenty of natural light and opens to the dining area. The refreshed kitchen features crisp white cabinetry, stainless steel appliances and recessed lighting, while a newly installed stacked washer and dryer (2026) add everyday convenience. Upstairs are two well-sized bedrooms and an updated 4-piece bath, with both the main and upper levels freshly painted in 2026. The bright finished lower level offers valuable additional living space with large windows, a third bedroom/living area, new 3-piece bath (2023), second laundry and a kitchenette (2023) with full-size refrigerator, sink, counter space and microwave. Set in Redwood Park close to parks, schools, shopping, Queensway Carleton Hospital and Algonquin College, with easy access to Hwy 417 and the nearby Pinecrest LRT station. One exclusive parking space is included, and condo fees include water. Vacant, easy to show and move-in ready, this is an excellent opportunity in a convenient, high demand location.

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

Closing Costs

Mortgage Amount
$287,920
Land Transfer Taxes$3,874
Legal Fees (Est.)
$
Total cash required for closing$77,354

Total Monthly Obligation

$2,424/mo
Mortgage $1,452
Monthly Loss $2,042
Principal$382
Interest$1,070
Property Tax$192
Condo Fees$580
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.3%0
5-Year IRR
7.1%19
10-Year IRR
8.6%
Returns Index
10.5/ 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
$22,632/yr
NOI
$8,700/yr
Net Cash Flow
-$727/mo
Cash Margin
-38.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo68
Risk Index
30.5/ 100

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

Comparables

Properties near 2610 Draper Avenue 67

Time

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