624 Galarneau Way, Kanata

$888,000
624 Galarneau Way

$888,000

New
8d
Detached2-Storey

624 Galarneau Way, Kanata

Total Monthly Obligation $4,477

Beds
4
Baths
3
Park
2
Sqft
2000-2500
DOM
8d
Score
17
Yield
4.4%
Cash on Cash
-5.3%
Cap Rate
3.4%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Detached
MLS® Number-X14083392
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-37.4 × 87 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Age-0-5
Taxes-$6,246 (2025)
Parking-4 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-TRU REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Living Room
Pool-None
Facing-West
Exterior-Brick Front
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-9008 - Kanata - Morgan's Grant/South March
Title-Residential Freehold

No agent assigned

Welcome to your modern sanctuary! Premium Corner Home! Built in 2024, this spectacular detached home effortlessly combines contemporary design with absolute functionality. Nestled in a highly desirable neighborhood, the property sits directly across from a beautifully manicured park, offering unobstructed park views right from your front window.Step inside to an expansive, sun-filled main level featuring quality hardwood flooring designed for both daily living and elegant entertaining. The heart of the home features a large chef's kitchen equipped with a substantial center island and premium quartz countertops, perfectly flowing into a dedicated dining room and a casual eating area. Unwind in the adjacent living room, where a cozy gas fireplace serves as the perfect focal point for chilly evenings. A private, quiet main-floor office/den provides an ideal workspace for professionals, a convenient half bathroom serves your guests, and a highly functional mudroom links directly to the garage to keep daily clutter out of sight. Head upstairs to the exceptionally planned, fully carpeted upper level hosting 4 generous bedrooms and a conveniently located common bathroom. The luxurious primary suite is a true retreat, boasting a spa-like ensuite bathroom and a spacious walk-in closet (WIC). A second sizable bedroom also features its own private walk-in closet, making it perfect for teens or long-term guests. For ultimate convenience, the separate laundry room and linen closets are smartly integrated onto this upper level. It comes with 200 AMP electric panel. The vast basement remains unfinished, presenting a blank canvas ready for your customization-whether you envision a home theater, a gym, or an in-law suite. Don't miss the rare opportunity to own a turnkey, view-protected home where modern luxury meets parkside living!

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

Closing Costs

Mortgage Amount
$710,400
Land Transfer Taxes$14,235
Legal Fees (Est.)
$
Total cash required for closing$193,335

Total Monthly Obligation

$4,477/mo
Mortgage $3,582
Monthly Loss $3,535
Principal$943
Interest$2,639
Property Tax$521
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
13.2/ 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
$39,516/yr
NOI
$24,818/yr
Net Cash Flow
-$1,514/mo
Cash Margin
-46.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
19.4/ 100

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

Comparables

Properties near 624 Galarneau Way

Time

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