1404 Matheson Road, Cyrville - Carson Grove - Pineview

$699,900
1404 Matheson Road

$699,900

Price Change
50d
DetachedSidesplit

1404 Matheson Road, Cyrville - Carson Grove - Pineview

Total Monthly Obligation $3,606

Beds
3
Baths
2
Park
2
Sqft
1100-1500
DOM
50d
Score
20
Yield
5.4%
Cash on Cash
-1.4%
Cap Rate
4.3%
5Y IRR
14.4%
10Y IRR
13.7%
Property Type-Detached
MLS® Number-X13741028
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-55 × 107.84 ft
Listed on site-Sep 3, 2026
Style-Sidesplit
Building Type-Detached
Age-51-99
Taxes-$4,887.89 (2026)
Parking-2 - None
Basement-Crawl Space, Partially Finished, Full
Heating-Forced Air (Gas)
Brokerage-COLDWELL BANKER FIRST OTTAWA REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-Seller downsizing to new condo build
Neighbourhood-2202 - Carson Grove
Title-Residential Freehold

No agent assigned

Charming and birght side split in beautiful Carson Grove area on a well manicure lot across from Carson Grove Public School & park. Super convenient location close to CSIS, NRC, Cite Collégiale, Blair LRT and Gloucester Mall & Costco. Well cared for Sidesplit previously a 4 bedroom converted to 3 bedroom to make the primary bedroom oversize. The home features a remodeled open floor plan in the living , dining & kitchen with medium oak hardwood floors. You will love the quality Louis L'Artisan kitchen upgrade with Quartz countertop and large kitchen island. A few steps up are the 3 bedrooms, linen closet and 4 piece bathroom. The primary bedroom has a carpeted bed area and an equally large parquet floored space and mirrored closet wall. Vinyl windows throughout, the primary bedroom windows just replaced in Aug. 2026. A few steps down from the main floor is a fabulous recreation room with a Regency heat producing gas fireplace and stone wall surround. The basement also has a 3 piece bathroom, laundry room, utility room and large crawl space offering tons of storage space. ESA certificate on file for the copper pig tailing of the electrical system. The fully fenced manicured backyard can be accessed by the Garden doors of the dining room (with retractable screen door) offers easy maintenance perennial garden, a large refurnished deck (2026) with hard top gazebo, adult swing bench & garden shed. The driveway can accommodate two vehicles tandem. Roof re-shiingled (2015) , Nat. gas furnace (2022). OPEN HOUSE Sunday Septembre 27th from 2 - 4 PM.

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

Closing Costs

Mortgage Amount
$559,920
Land Transfer Taxes$10,473
Legal Fees (Est.)
$
Total cash required for closing$151,953

Total Monthly Obligation

$3,606/mo
Mortgage $2,823
Monthly Loss $2,863
Principal$743
Interest$2,080
Property Tax$407
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.4%2
5-Year IRR
10.6%40
10-Year IRR
11.1%
Returns Index
21.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$37,452/yr
NOI
$24,319/yr
Net Cash Flow
-$797/mo
Cash Margin
-25.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
24.0/ 100

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

Comparables

Properties near 1404 Matheson Road

Time

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