1440 Heron Road 403, Hunt Club - South Keys and Area

$189,900
1440 Heron Road 403

$189,900

New
43d
Condo ApartmentApartment

1440 Heron Road 403, Hunt Club - South Keys and Area

Total Monthly Obligation $1,665

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
43d
Score
20
Yield
8.5%
Cash on Cash
-4.8%
Cap Rate
3.6%
5Y IRR
11.8%
10Y IRR
11.6%
Property Type-Condo Apartment
MLS® Number-X13768004
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Sep 10, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$1,736 (2025)
Maintenance-$554.57/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Baseboard (Electric)
Brokerage-ROYAL LEPAGE PERFORMANCE REALTY
Cooling-Other
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-3802 - Heron Gate
Title-Residential Condo & Other

No agent assigned

Beautiful Turn key Condo. Very well maintained with several upgrades. Enjoy the functional kitchen with dark wood & glass cabinet doors, modern backsplash, Ceiling pot lights, Stylish black appliances, kitchen island open to the living room. Cozy living room with hardwood floor and walk out balcony. Patio doors offer beautiful sunset views. Spacious bedroom with hardwood floors, 4 piece updated bathroom and In-Suite laundry complete this lovely condo. The building offers an indoor salt water pool and hot tub to enjoy year round. A secure entry system provides peace of mind. The building is located close to several amenities. Heron gate Square is a short distance away. Easy access to public transportation. Steps to bike and hiking trails, parks and close to NCC. Do not miss this opportunity. Additional photos will be posted Sept.11. Book your showing today.

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$
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$151,920
Land Transfer Taxes$1,624
Legal Fees (Est.)
$
Total cash required for closing$41,104

Total Monthly Obligation

$1,665/mo
Mortgage $766
Monthly Loss $1,464
Principal$202
Interest$564
Property Tax$145
Condo Fees$555
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.2%0
5-Year IRR
6.0%14
10-Year IRR
8.1%
Returns Index
8.3/ 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
$16,236/yr
NOI
$3,822/yr
Net Cash Flow
-$448/mo
Cash Margin
-33.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.423
LTV Ratio
80.0%18
Vacancy Buffer
5.8 mo90
Risk Index
37.3/ 100

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

Comparables

Properties near 1440 Heron Road 403

Time

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