248 Salter Crescent, Kanata

$399,900
248 Salter Crescent

$399,900

New
3d
Condo Townhouse2-Storey

248 Salter Crescent, Kanata

Total Monthly Obligation $2,565

Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
3d
Score
22
Yield
7.0%
Cash on Cash
-0.9%
Cap Rate
4.4%
5Y IRR
14.8%
10Y IRR
14.0%
Property Type-Condo Townhouse
MLS® Number-X14098880
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$2,540.19 (2026)
Maintenance-$540/mo
Locker-None
Parking-1 - None
Basement-Finished, Full
Heating-Baseboard (Electric)
Brokerage-ROYAL LEPAGE INTEGRITY REALTY
Cooling-Other
Laundry-No
Fireplace-No
Pool-None
Exterior-Vinyl Siding
Possession-TBD
Neighbourhood-9001 - Kanata - Beaverbrook
Title-Residential Condo & Other

No agent assigned

Think townhome living means sharing walls on both sides? Not here! This Beaverbrook home offers a little extra breathing room and that charming garden path is just the beginning! This 3 bedroom, 2 bathroom townhome is bright, welcoming, and has so much more space than you might expect. The main floor features a spacious living room with a gorgeous textured feature wall, a bright kitchen overlooking the dining and living areas, a breakfast bar for morning coffee, loads of cabinetry, and a pantry with pull out shelves. The hardwood staircase adds a beautiful finishing touch, leading to three generous bedrooms, including a primary with a walk in closet. The main bathroom has also been updated with a brand new bathtub and shower surround.Need more space? The finished basement offers a large rec room perfect for movie nights, a home gym, a playroom, or a home office. There's also a second full bathroom, a separate laundry room, and plenty of storage. Outside, enjoy your own private patio with access from both the kitchen and living room. The composite deck is not only maintenance free, but perfect for summer BBQs, morning coffee, or relaxing at the end of the day. A storage shed gives you extra storage for bikes and outdoor equipment! And the community perks? An outdoor pool, park, basketball court, and walking and biking trails just steps away. With a new AC/heat pump, one parking space, great schools, shopping, recreation, and quick highway access nearby, this home delivers on both convenience and lifestyle.Three bedrooms, two full bathrooms, a finished basement, and a fantastic community. All that's missing is you! Definitely worth a second look.

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

Closing Costs

Mortgage Amount
$319,920
Land Transfer Taxes$4,474
Legal Fees (Est.)
$
Total cash required for closing$85,954

Total Monthly Obligation

$2,565/mo
Mortgage $1,613
Monthly Loss $2,140
Principal$424
Interest$1,189
Property Tax$212
Condo Fees$540
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.5%2
5-Year IRR
10.7%41
10-Year IRR
11.4%
Returns Index
21.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$27,972/yr
NOI
$13,755/yr
Net Cash Flow
-$467/mo
Cash Margin
-20.0%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
30.9/ 100

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

Comparables

Properties near 248 Salter Crescent

Time

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