1350 Hemlock Road 320, Manor Park - Cardinal Glen and Area

$435,000
1350 Hemlock Road 320

$435,000

New
6d
Condo ApartmentApartment

1350 Hemlock Road 320, Manor Park - Cardinal Glen and Area

Total Monthly Obligation $2,868

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
700-799
DOM
6d
Score
19
Yield
6.4%
Cash on Cash
-4.9%
Cap Rate
3.5%
5Y IRR
11.7%
10Y IRR
11.5%
Property Type-Condo Apartment
MLS® Number-X14090678
Beds-2
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 17, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,504.05 (2026)
Maintenance-$538.43/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOME RUN REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-3104 - CFB Rockcliffe and Area
Title-Residential Condo & Other

No agent assigned

Discover the comfort and convenience of Wateridge Village in this inviting two-bedroom, two-bathroom condo at 1350 Hemlock Road. Offering a bright and functional layout, this well-appointed home features a contemporary kitchen with white cabinetry, quartz countertops, and upgraded appliances. The spacious living area opens onto a private balcony, while two comfortable bedrooms provide excellent closet space. Additional features include two full bathrooms, in-suite laundry, one underground parking space, and a separate storage locker. Set in a desirable location close to the Ottawa River, parks, cycling and walking trails, this home puts everyday amenities within easy reach, including Costco, Farm Boy, and Montfort Hospital. Convenient transit options are also nearby, with Blair LRT Station providing easy access to downtown Ottawa and beyond. Surrounded by established amenities, recreational opportunities, and employment hubs, this condo is an ideal choice for those looking for a comfortable home in a well-connected community. Some photos have been virtually staged.

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Closing Costs

Mortgage Amount
$348,000
Land Transfer Taxes$5,175
Legal Fees (Est.)
$
Total cash required for closing$93,675

Total Monthly Obligation

$2,868/mo
Mortgage $1,755
Monthly Loss $2,407
Principal$462
Interest$1,293
Property Tax$375
Condo Fees$538
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.1%1
5-Year IRR
8.0%23
10-Year IRR
9.2%
Returns Index
12.6/ 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
$27,720/yr
NOI
$11,583/yr
Net Cash Flow
-$789/mo
Cash Margin
-34.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo57
Risk Index
27.0/ 100

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

Comparables

Properties near 1350 Hemlock Road 320

Time

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Data last updated within the past 24 hours.