216 Viewmount Drive 118, Cityview - Parkwoods Hills - Rideau Shore

$309,000
216 Viewmount Drive 118

$309,000

New
11d
Condo Apartment1 Storey/Apt

216 Viewmount Drive 118, Cityview - Parkwoods Hills - Rideau Shore

Total Monthly Obligation $2,140

HausQ Valuation Report
Beds
2
Baths
1
Park
1
Sqft
800-899
DOM
11d
Score
28
Yield
8.9%
Cash on Cash
5.3%
Cap Rate
5.7%
5Y IRR
19.8%
10Y IRR
18.1%
Property Type-Condo Apartment
MLS® Number-X14087052
Beds-2
Bathrooms-1
Size-800-899 sqft
Listed on site-Oct 12, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$2,384 (2026)
Maintenance-$494.95/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Baseboard (Electric)
Brokerage-REAL BROKER ONTARIO LTD.
Cooling-None
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Vinyl Siding
Possession-Flexible
Neighbourhood-7202 - Borden Farm/Stewart Farm/Carleton Heights/Parkwood Hills
Title-Residential Condo & Other

No agent assigned

This main floor unit offers convenient, wheelchair accessible living with a covered patio and direct outdoor access! Thoughtfully updated in 2026, the unit features new flooring throughout, a refreshed kitchen with new cabinet doors, countertops, oven and sink and an updated bathroom with a new vanity and flooring. Enjoy a spacious primary bedroom with walk-in closet and second bedroom -perfect for a home office or additional bedroom! Additional highlights include in-suite laundry, a pet-free building and a fantastic location just minutes from Merivale Road's shopping, restaurants and everyday amenities! Parking included and lots of visitor parking available! This is a complete, move-in-ready package at a great price point.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$247,200
Land Transfer Taxes$3,110
Legal Fees (Est.)
$
Total cash required for closing$66,410

Total Monthly Obligation

$2,140/mo
Mortgage $1,246
Monthly Loss $1,812
Principal$328
Interest$918
Property Tax$199
Condo Fees$495
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.5%32
Cash-on-Cash
-1.5%5
5-Year IRR
14.8%70
10-Year IRR
14.7%
Returns Index
36.5/ 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
$27,396/yr
NOI
$13,933/yr
Net Cash Flow
-$85/mo
Cash Margin
-3.7%2
Cash Flow Index
2.3/ 100
Risk Profile
Weight: 20%
DSCR
0.9322
LTV Ratio
80.0%18
Vacancy Buffer
4.4 mo76
Risk Index
38.7/ 100

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

Comparables

Properties near 216 Viewmount Drive 118

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.