1440 Heron Road 901, Hunt Club - South Keys and Area

$224,900
1440 Heron Road 901

$224,900

New
59d
Condo ApartmentApartment

1440 Heron Road 901, Hunt Club - South Keys and Area

Total Monthly Obligation $2,017

HausQ Valuation Report
Beds
2
Baths
1
Park
1
Sqft
600-699
DOM
59d
Score
19
Yield
9.0%
Cash on Cash
-4.6%
Cap Rate
3.6%
5Y IRR
11.9%
10Y IRR
11.7%
Property Type-Condo Apartment
MLS® Number-X13710222
Beds-2
Bathrooms-1
Size-600-699 sqft
Listed on site-Aug 25, 2026
Style-Apartment
Building Type-Condo Apartment
Age-31-50
Taxes-$1,816 (2025)
Maintenance-$758/mo
Locker-None
Parking-1 - Underground
Basement-Apartment
Heating-Baseboard (Electric)
Brokerage-SOLID ROCK REALTY
Cooling-Window Unit(s)
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Foundation-Concrete
Possession-Flexible
Neighbourhood-3802 - Heron Gate
Title-Residential Condo & Other

No agent assigned

Looking for an affordable way to get into the Ottawa real estate market? This bright 9th-floor condo offers two bedrooms, underground parking and in-suite laundry-all the everyday essentials in a smart, efficient layout. The living area opens onto a private balcony where you can enjoy your morning coffee, fresh air and views from above. The second bedroom adds valuable flexibility and can easily serve as a home office, guest room or additional sleeping space depending on your needs. Underground parking keeps the car protected year-round, while in-suite laundry means no shared laundry trips. Conveniently located close to transit, shopping, parks and everyday amenities, with easy access to downtown and other parts of the city. A practical option for first-time buyers, downsizers or anyone looking to make the move from renting to owning. Some photos have been enhanced with AI.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$179,920
Land Transfer Taxes$1,974
Legal Fees (Est.)
$
Total cash required for closing$48,454

Total Monthly Obligation

$2,017/mo
Mortgage $907
Monthly Loss $1,778
Principal$239
Interest$668
Property Tax$151
Condo Fees$758
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.5%0
5-Year IRR
6.6%17
10-Year IRR
8.6%
Returns Index
9.4/ 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
$20,196/yr
NOI
$4,864/yr
Net Cash Flow
-$502/mo
Cash Margin
-29.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
4.8 mo80
Risk Index
34.2/ 100

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

Comparables

Properties near 1440 Heron Road 901

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.