1204 Shillington Avenue 15, Carlington - Central Park

$339,900
1204 Shillington Avenue 15

$339,900

New
56d
Condo Apartment2-Storey

1204 Shillington Avenue 15, Carlington - Central Park

Total Monthly Obligation $2,294

HausQ Valuation Report
Bed+Den
2+2
Baths
1
Park
1
Sqft
800-899
DOM
56d
Score
27
Yield
8.6%
Cash on Cash
4.9%
Cap Rate
5.6%
5Y IRR
19.5%
10Y IRR
17.8%
Property Type-Condo Apartment
MLS® Number-X13724256
Bed+Den-2+2
Bathrooms-1
Size-800-899 sqft
Listed on site-Aug 28, 2026
Style-2-Storey
Building Type-Condo Apartment
Taxes-$2,368 (2025)
Maintenance-$525.97/mo
Locker-None
Parking-1 - None
Basement-Full, Finished
Heating-Baseboard (Electric)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Other, Window Unit(s)
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Stucco (Plaster)
Possession-Flexible
Neighbourhood-5303 - Carlington
Title-Residential Condo & Other

No agent assigned

Bright, spacious and updated 2 bedroom, 2 storey unit in a great central location. Perfect for first time buyers, investors, or those looking to downsize. Just steps from the experimental farm & Civic Hospital, 5 mins to Dow's Lake, Hintonburg, Wellington Village and Westboro, and only 10 mins to downtown. Western exposure allows for loads of natural light. Main level features a good sized living area, laundry, and a stunning open kitchen with beautiful white shaker style cabinetry, gorgeous backsplash, quartz countertops, & ample counter and cabinet space. The lower level has 2 good sized bedrooms w/pot lights, newer flooring, & great closet space, storage area, and a beautifully updated 4 piece bathroom with custom colour changing LED lighting for some added ambiance. Schedule B to accompany all offers.

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

Closing Costs

Mortgage Amount
$271,920
Land Transfer Taxes$3,574
Legal Fees (Est.)
$
Total cash required for closing$73,054

Total Monthly Obligation

$2,294/mo
Mortgage $1,371
Monthly Loss $1,934
Principal$361
Interest$1,010
Property Tax$197
Condo Fees$526
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.5%32
Cash-on-Cash
-1.6%5
5-Year IRR
14.7%69
10-Year IRR
14.6%
Returns Index
36.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
27/ 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
$29,316/yr
NOI
$15,305/yr
Net Cash Flow
-$96/mo
Cash Margin
-3.9%2
Cash Flow Index
2.2/ 100
Risk Profile
Weight: 20%
DSCR
0.9322
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo71
Risk Index
37.1/ 100

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

Comparables

Properties near 1204 Shillington Avenue 15

Time

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