51 Central Park Drive, Carlington - Central Park

$639,000
51 Central Park Drive

$639,000

New
57d
Att/Row/Townhouse2-Storey

51 Central Park Drive, Carlington - Central Park

Total Monthly Obligation $3,370

Beds
2
Baths
2
Park
4
Sqft
1100-1500
DOM
57d
Score
19
Yield
5.0%
Cash on Cash
-3.3%
Cap Rate
3.9%
5Y IRR
12.9%
10Y IRR
12.5%
Property Type-Att/Row/Townhouse
MLS® Number-X13720140
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-26.73 × 104.98 ft
Listed on site-Aug 27, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$5,012.11 (2026)
Parking-5 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-FIRST CHOICE REALTY ONTARIO LTD.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-5304 - Central Park
Title-Residential Freehold

No agent assigned

Welcome to 51 Central Park Drive, a bright and inviting end-unit townhome offering a fantastic combination of space, natural light and versatility in one of Ottawa's most convenient central neighborhoods. Step inside to a spacious foyer and an open-concept main level designed for comfortable everyday living and entertaining. The kitchen offers ample cabinetry and counter space and opens seamlessly to the dining and living areas, where large windows bring in an abundance of natural light. A main floor powder room provides further livability on the main floor while a cozy fireplace adds warmth and character to the living space. Upstairs, you'll find two generously sized bedrooms along with a spacious loft, providing the perfect flex space for a home office, reading area, den or additional family room. The primary bedroom offers plenty of room to unwind, while the well-appointed four piece bathroom completes the upper level. The finished lower level provides even more valuable living space and can easily accommodate a recreation room, home gym, office or play area, with additional storage and utility space. The backyard is a true gem. Enjoy the lush garden covering the rear fence which sets the perfect backdrop for the spacious interlocked patio providing a great place to relax after a long day, host family events, or spend time gardening in this private oasis. Located in the sought-after Central Park community right by the experimental farm, this home puts parks, walking and cycling paths, shopping, restaurants and everyday amenities within easy reach, while offering convenient access to downtown and major commuter routes throughout the city. With its flexible layout, bright living spaces and excellent location, 51 Central Park Drive is a wonderful opportunity for first-time buyers, professionals, downsizers or anyone looking for a well-located home in the heart of Ottawa. Book your showing today!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$511,200
Land Transfer Taxes$9,255
Legal Fees (Est.)
$
Total cash required for closing$138,555

Total Monthly Obligation

$3,370/mo
Mortgage $2,578
Monthly Loss $2,692
Principal$678
Interest$1,899
Property Tax$418
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%19
Cash-on-Cash
-8.4%1
5-Year IRR
9.1%29
10-Year IRR
9.9%
Returns Index
15.9/ 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
$32,172/yr
NOI
$19,443/yr
Net Cash Flow
-$957/mo
Cash Margin
-35.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
24.3/ 100

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

Comparables

Properties near 51 Central Park Drive

Time

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Data last updated within the past 24 hours.