225 Citiplace Drive H, Cityview - Parkwoods Hills - Rideau Shore

$369,000
225 Citiplace Drive H

$369,000

Price Change
38d
Condo ApartmentApartment

225 Citiplace Drive H, Cityview - Parkwoods Hills - Rideau Shore

Total Monthly Obligation $2,493

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
38d
Score
21
Yield
7.2%
Cash on Cash
-1.7%
Cap Rate
4.2%
5Y IRR
14.2%
10Y IRR
13.5%
Property Type-Condo Apartment
MLS® Number-X13783970
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 15, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,995 (2026)
Maintenance-$554.74/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-FIDACITY REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Immediate
Neighbourhood-7203 - Merivale Industrial Park/Citiplace
Title-Residential Condo & Other

No agent assigned

Bright and Beautiful approx 1090 sq ft 2 Bed and 2 Bath Condo! This condo is a must see with open concept living and modern finishes also featuring 9 foot ceilings throughout the home, vinyl floors, open concept living, a chef's kitchen with large island, stainless steel appliances, oversized windows allowing unobstructed views and sunlight to pour in all day long, and in unit laundry. The primary bedroom is large with 3 piece ensuite along with a second bedroom and second full bathroom and oversized balcony that is perfect to relax on. Located near a natural conservation area, shops and restaurants, this condo has it all! There is no elevator in the building.

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

Closing Costs

Mortgage Amount
$295,200
Land Transfer Taxes$4,010
Legal Fees (Est.)
$
Total cash required for closing$79,310

Total Monthly Obligation

$2,493/mo
Mortgage $1,488
Monthly Loss $2,101
Principal$392
Interest$1,097
Property Tax$250
Condo Fees$555
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.6%1
5-Year IRR
10.0%35
10-Year IRR
10.8%
Returns Index
18.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$26,580/yr
NOI
$11,870/yr
Net Cash Flow
-$499/mo
Cash Margin
-22.5%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo66
Risk Index
31.1/ 100

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

Comparables

Properties near 225 Citiplace Drive H

Time

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