640 Meadowridge Circle, Carp - Huntley Ward

$1,250,000
640 Meadowridge Circle

$1,250,000

New
37d
Detached2-Storey

640 Meadowridge Circle, Carp - Huntley Ward

Total Monthly Obligation $6,076

Beds
4
Baths
4
Park
2
Sqft
3000-3500
DOM
37d
Score
17
Yield
4.5%
Cash on Cash
-4.5%
Cap Rate
3.6%
5Y IRR
12.0%
10Y IRR
11.8%
Property Type-Detached
MLS® Number-X13789444
Beds-4
Bathrooms-4
Size-3000-3500 sqft
Lot Size-50.03 × 117.25 ft
Listed on site-Sep 16, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,912 (2025)
Parking-5 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ENGEL & VOLKERS OTTAWA
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-Inground, Salt
Facing-North
Exterior-Brick Front, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-9101 - Carp
Title-Residential Freehold

No agent assigned

Set on a welcoming, family-oriented street with wonderful neighbours, steps to the Carp Village, this impressive home is the largest model in the neighbourhood and offers exceptional space inside and out. A bright foyer opens to a dedicated home office, while the oversized 3-car garage with durable polyaspartic flooring connects to a practical mudroom. The open-concept main living area features soaring vaulted ceilings and expansive windows that fill the space with natural light. The chef-inspired kitchen offers high-end appliances, a striking leathered stone countertop, walk-in pantry, pot filler and oversized island perfect for entertaining. Upstairs, the open hallway overlooks the main living area and leads to four generous bedrooms, all with walk-in closets, including a spacious primary suite with a luxurious ensuite, plus upper-floor laundry and a family bathroom. The finished lower level features high ceilings, radiant in-floor heating and a full bathroom, offering endless possibilities for a guest suite, gym, media room or playroom. Outside, the backyard was beautifully completed in 2023 with extensive landscaping and stonework, a saltwater in-ground pool, gazebo wired for a TV for added privacy, stone fire pit and artificial turf area for pets. Once in the yard, the sunken setting and positioning of neighbouring homes create a surprisingly private, tucked-away feel. Just a short walk to Carp Village, coffee shops, bakeries, restaurants, Carp Creamery, the Farmers' Market and Fair, this is a home that truly needs to be seen in person to appreciate how beautiful it is.

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

Closing Costs

Mortgage Amount
$1,000,000
Land Transfer Taxes$21,475
Legal Fees (Est.)
$
Total cash required for closing$272,975

Total Monthly Obligation

$6,076/mo
Mortgage $5,042
Monthly Loss $4,750
Principal$1,327
Interest$3,715
Property Tax$659
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.2%1
5-Year IRR
9.1%29
10-Year IRR
9.8%
Returns Index
15.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$56,400/yr
NOI
$38,348/yr
Net Cash Flow
-$1,846/mo
Cash Margin
-39.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo24
Risk Index
16.8/ 100

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

Comparables

Properties near 640 Meadowridge Circle

Time

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