135 Springfield Road 5, New Edinburgh - Lindenlea

$499,000
135 Springfield Road 5

$499,000

New
51d
Condo ApartmentApartment

135 Springfield Road 5, New Edinburgh - Lindenlea

Total Monthly Obligation $3,184

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
800-899
DOM
51d
Score
19
Yield
6.6%
Cash on Cash
-3.1%
Cap Rate
3.9%
5Y IRR
13.1%
10Y IRR
12.7%
Property Type-Condo Apartment
MLS® Number-X13739404
Beds-1
Bathrooms-1
Size-800-899 sqft
Listed on site-Sep 2, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,859 (2025)
Maintenance-$733/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Baseboard (Electric)
Brokerage-ENGEL & VOLKERS OTTAWA
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-3302 - Lindenlea
Title-Residential Condo & Other

No agent assigned

Stylish and thoughtfully updated, this one bedroom, one bathroom condo offers a peaceful setting in the heart of Lindenlea. Large windows fill the space with natural light and provide beautiful views of the surrounding mature trees and greenery. The bright kitchen features quartz countertops and stainless steel appliances, while the spacious living and dining area is framed by three large windows. At the entrance, a custom built in bookshelf and Murphy bed combination adds both functionality and excellent storage. The renovated three piece bathroom features contemporary finishes and a spacious shower with a rain shower head. The bedroom offers generous closet space and a large window overlooking the tranquil surroundings. The unit also includes underground parking equipped for EV charging. A beautifully maintained and inviting condo in a well managed building, ideally located in one of Lindenlea's most desirable neighbourhoods.

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

Closing Costs

Mortgage Amount
$399,200
Land Transfer Taxes$6,455
Legal Fees (Est.)
$
Total cash required for closing$107,755

Total Monthly Obligation

$3,184/mo
Mortgage $2,013
Monthly Loss $2,654
Principal$530
Interest$1,483
Property Tax$238
Condo Fees$733
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.1%1
5-Year IRR
9.5%32
10-Year IRR
10.4%
Returns Index
17.1/ 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
$32,808/yr
NOI
$15,472/yr
Net Cash Flow
-$723/mo
Cash Margin
-26.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
25.5/ 100

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

Comparables

Properties near 135 Springfield Road 5

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.