20 Chesterton Drive 114, Cityview - Parkwoods Hills - Rideau Shore

$269,900
20 Chesterton Drive 114

$269,900

New
8d
Condo ApartmentApartment

20 Chesterton Drive 114, Cityview - Parkwoods Hills - Rideau Shore

Total Monthly Obligation $2,122

Beds
2
Baths
1
Park
1
Sqft
600-699
DOM
8d
Score
19
Yield
7.6%
Cash on Cash
-5.1%
Cap Rate
3.5%
5Y IRR
11.5%
10Y IRR
11.4%
Property Type-Condo Apartment
MLS® Number-X14083410
Beds-2
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,206.71 (2026)
Maintenance-$649.2/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Radiant (Gas)
Brokerage-EXP REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-30-59 days
Neighbourhood-7202 - Borden Farm/Stewart Farm/Carleton Heights/Parkwood Hills
Title-Residential Condo & Other

No agent assigned

Updated Condo Living with Fantastic Amenities in a Convenient Ottawa Location! Welcome to 114-20 Chesterton Drive, a beautifully refreshed 2-bedroom condo offering approximately 690 sq. ft. of comfortable living space in the established Parkwood Hills community. This inviting unit features newer high-grade laminate flooring, fresh paint throughout, an updated kitchen and bathroom, and a functional layout with spacious living and dining areas. Enjoy your own private balcony, along with the convenience of an owned outdoor parking space and storage locker. One of the standout features is the exceptional value offered by the condo fees, which include heat, hydro, and water, making monthly expenses easier to manage. The building is well-maintained and offers an impressive selection of amenities, including an outdoor swimming pool, exercise room, sauna, rooftop terrace, and library/meeting room, providing residents with plenty of opportunities to relax and unwind without leaving home. Location is another major highlight! Just minutes from Merivale Road, you'll enjoy easy access to grocery stores, shopping, restaurants, parks, public transit, and everyday essentials, with convenient connections to downtown Ottawa, Algonquin College, and major commuter routes. Whether you're a first-time buyer, down-sizer, or investor, this is a fantastic opportunity to own an updated, move-in-ready condo in a well-established community with amenities rarely found at this price point!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$215,920
Land Transfer Taxes$2,524
Legal Fees (Est.)
$
Total cash required for closing$58,004

Total Monthly Obligation

$2,122/mo
Mortgage $1,089
Monthly Loss $1,835
Principal$286
Interest$802
Property Tax$184
Condo Fees$649
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%13
Cash-on-Cash
-11.9%0
5-Year IRR
6.8%17
10-Year IRR
8.6%
Returns Index
9.8/ 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
$20,592/yr
NOI
$6,136/yr
Net Cash Flow
-$577/mo
Cash Margin
-33.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.474
LTV Ratio
80.0%18
Vacancy Buffer
4.5 mo77
Risk Index
33.2/ 100

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

Comparables

Properties near 20 Chesterton Drive 114

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.