2759 Carousel Crescent 911, Blossom Park - Airport and Area

$319,900
2759 Carousel Crescent 911

$319,900

New
64d
Condo ApartmentApartment

2759 Carousel Crescent 911, Blossom Park - Airport and Area

Total Monthly Obligation $2,434

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
64d
Score
21
Yield
8.3%
Cash on Cash
-1.2%
Cap Rate
4.3%
5Y IRR
14.6%
10Y IRR
13.8%
Property Type-Condo Apartment
MLS® Number-X13697320
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Aug 20, 2026
Style-Apartment
Building Type-Condo Apartment
Age-31-50
Taxes-$2,690 (2026)
Maintenance-$719.42/mo
Locker-Owned
Parking-1 - Surface
Basement-None
Heating-Forced Air (Electric)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Immediate
Neighbourhood-2604 - Emerald Woods/Sawmill Creek
Title-Residential Condo & Other

No agent assigned

Welcome to Atrium II! This bright and inviting, extensively renovated condo offers a spacious open-concept layout with a massive living and dining area, two bedrooms, two full bathrooms, including a three-piece ensuite -- enjoy sun while having Coffee in your living room. The UNIT underwent major renovations in 2020, including a complete redesign of the kitchen, cabinetry, flooring, and both bathrooms. The modern kitchen features abundant cupboard space, a pantry added in 2023, and premium 1-inch Spanish quartz countertops. A new over-the-range microwave and stove were installed in 2026.Additional updates include a new PTAC heating and cooling unit in 2021, a rental water heater in 2023, all-new LED light fixtures in 2023, fresh paint throughout in 2026, and an updated toilet seat in 2026. The spacious primary bedroom features ample closet space and a private three-piece ensuite. The unit also includes a generous second bedroom, a four-piece main bathroom, and convenient in-suite laundry. Parking space #532, Storage locker located in Room 10, Cage #46, are also included. This wonderfully maintained building offers an impressive selection of amenities, including an outdoor swimming pool, rooftop terrace, party room, exercise room, guest suites, sauna, Library and whirlpool. Enjoy comfortable condo living in a beautifully updated unit with a functional open design and outstanding building amenities (some pictures are virtually staged).

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$255,920
Land Transfer Taxes$3,274
Legal Fees (Est.)
$
Total cash required for closing$68,754

Total Monthly Obligation

$2,434/mo
Mortgage $1,290
Monthly Loss $2,094
Principal$340
Interest$951
Property Tax$224
Condo Fees$719
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.7%1
5-Year IRR
10.0%36
10-Year IRR
11.0%
Returns Index
18.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$26,556/yr
NOI
$10,177/yr
Net Cash Flow
-$442/mo
Cash Margin
-20.0%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo68
Risk Index
31.5/ 100

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

Comparables

Properties near 2759 Carousel Crescent 911

Time

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