156 Mississippi Road, Carleton Place

$439,900
156 Mississippi Road

$439,900

New
4d
Att/Row/Townhouse2-Storey

156 Mississippi Road, Carleton Place

Total Monthly Obligation $2,397

Beds
3
Baths
3
Park
2
Sqft
1100-1500
DOM
4d
Score
28
Yield
7.1%
Cash on Cash
6.2%
Cap Rate
5.9%
5Y IRR
20.6%
10Y IRR
18.7%
Property Type-Att/Row/Townhouse
MLS® Number-X14095960
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-21.65 × 121.39 ft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$2,966 (2026)
Parking-3 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-909 - Carleton Place
Title-Residential Freehold

No agent assigned

Beautiful 3-bedroom 2- bath with attached garage awaits its new owner. Step inside this spacious home, your Foyer has convenient inside access to garage, Large open concept main floor with updated flooring, Large living room and Dining area with patio access to backyard. Well-designed Kitchen with breakfast bar and SS appliances. Lots of cupboards and drawers. Handy 2pc Powder room completes the first floor. Walk upstairs to the midlanding with well-prepared extra storage with double doored linen closet. Second floor has large 4pc full bathroom with tub/shower. Primary bedroom with Ikea PAX closet organizer. two additional well-appointed bedrooms. Lower level has fully finished basement with carpet, great area to retreat and enjoy a movie or get in shape in your home gym. Backyard awaits your creativity. Entertain on your large deck and design your own backyard oasis. Close to schools, shopping and Riverside Park and Trail

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

Closing Costs

Mortgage Amount
$351,920
Land Transfer Taxes$5,273
Legal Fees (Est.)
$
Total cash required for closing$94,753

Total Monthly Obligation

$2,397/mo
Mortgage $1,774
Monthly Loss $1,930
Principal$467
Interest$1,307
Property Tax$247
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.7%35
Cash-on-Cash
-0.5%7
5-Year IRR
15.3%73
10-Year IRR
14.9%
Returns Index
38.9/ 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
$31,440/yr
NOI
$20,830/yr
Net Cash Flow
-$39/mo
Cash Margin
-1.5%4
Cash Flow Index
3.6/ 100
Risk Profile
Weight: 20%
DSCR
0.9825
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo68
Risk Index
37.2/ 100

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

Comparables

Properties near 156 Mississippi Road

Time

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