249 Atlantis Avenue, Carlingwood - Westboro and Area

$1,659,000
249 Atlantis Avenue

$1,659,000

New
38d
Detached2-Storey

249 Atlantis Avenue, Carlingwood - Westboro and Area

Total Monthly Obligation $8,049

Beds
3
Baths
4
Park
3
Sqft
2500-3000
DOM
38d
Score
15
Yield
3.8%
Cash on Cash
-7.8%
Cap Rate
2.9%
5Y IRR
9.4%
10Y IRR
9.8%
Property Type-Detached
MLS® Number-X13785656
Beds-3
Bathrooms-4
Size-2500-3000 sqft
Lot Size-34 × 100 ft
Listed on site-Sep 15, 2026
Style-2-Storey
Building Type-Detached
Taxes-$11,779 (2026)
Parking-4 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ENGEL & VOLKERS OTTAWA
Cooling-Central Air
Laundry-No
Fireplace-Living Room
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-5102 - Westboro West
Title-Residential Freehold

No agent assigned

Perfectly positioned in one of the city's most sought-after locations, just steps from the newly renovated Westboro Beach, the new Westboro Beach Pavilion, restaurant and waterfront park, this exceptional home offers the ideal blend of lifestyle, space and comfort. Nestled in a vibrant, walkable neighbourhood, you'll enjoy easy access to scenic waterfront trails, top-rated amenities and some of the best shops and dining the city has to offer. Inside, this expansive residence showcases beautiful hardwood flooring throughout and a modern eat-in kitchen with stainless steel appliances that accesses the outdoor patio and BBQ area receiving ample sunlight through its southern exposure and wrap-around windows. Also featuring ample storage and modern finishes. The convenience of main floor laundry adds to the home's functional layout. Upstairs, the spacious primary retreat offers a true escape, complete with a large walk-in closet and a beautifully appointed ensuite bathroom. Generously sized principal rooms throughout provide flexibility for families of all sizes. The fully finished basement extends the living space even further, boasting a massive recreation room perfect for relaxing or hosting, along with a full bathroom-ideal for guests or additional living arrangements. Adding even more value and efficiency, the HVAC system was upgraded in late 2024 with a new high-efficiency furnace, heat pump and air conditioner. A rare opportunity to own a substantial home in an unbeatable location, where space, style and proximity to the water come together seamlessly.

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

Closing Costs

Mortgage Amount
$1,327,200
Land Transfer Taxes$29,655
Legal Fees (Est.)
$
Total cash required for closing$362,955

Total Monthly Obligation

$8,049/mo
Mortgage $6,692
Monthly Loss $6,288
Principal$1,761
Interest$4,931
Property Tax$982
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%14
Cash-on-Cash
-11.1%1
5-Year IRR
6.8%18
10-Year IRR
8.1%
Returns Index
10.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$63,264/yr
NOI
$40,659/yr
Net Cash Flow
-$3,304/mo
Cash Margin
-62.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo19
Risk Index
14.1/ 100

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

Comparables

Properties near 249 Atlantis Avenue

Time

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