1440 Heron Road 510, Hunt Club - South Keys and Area

$274,900
1440 Heron Road 510

$274,900

Price Change
37d
Condo ApartmentApartment

1440 Heron Road 510, Hunt Club - South Keys and Area

Total Monthly Obligation $2,256

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
37d
Score
24
Yield
9.8%
Cash on Cash
2.8%
Cap Rate
5.2%
5Y IRR
17.8%
10Y IRR
16.4%
Property Type-Condo Apartment
MLS® Number-X13791244
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Sep 16, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,308.48 (2026)
Maintenance-$754.76/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Baseboard (Electric)
Brokerage-AVENUE NORTH REALTY INC.
Cooling-Window Unit(s)
Laundry-Yes
Fireplace-Electric
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-3802 - Heron Gate
Title-Residential Condo & Other

No agent assigned

Welcome to Unit 510 at 1440 Heron Road - a beautifully renovated and exceptionally upgraded corner-unit condo offering modern style, spacious living, and an unbeatable location! This bright and inviting 2-bedroom, 2-bathroom home has been thoughtfully updated throughout, creating a truly move-in-ready space with an elevated feel. The open-concept living and dining areas provide an ideal setting for both everyday living and entertaining, with the living room featuring a stylish accent wall and cozy electric fireplace. The stunning modern kitchen features sleek cabinetry, quartz countertops, stainless steel appliances, and contemporary finishes. Both bathrooms have been fully renovated, while luxury vinyl flooring and updated light fixtures throughout add a modern, cohesive feel to the entire home. The spacious primary bedroom offers a generous walk-through closet and a beautifully renovated 3-piece ensuite. Enjoy the added convenience of in-unit laundry, a private balcony and a heated underground parking space. Residents also have access to fantastic building amenities, including an indoor pool, hot tub, and fitness centre. Ideally located just off Alta Vista and Heron Road, you're minutes from grocery stores, cafés, restaurants, parks, schools, and public transit, with The Ottawa Hospital only approximately 7 minutes away and downtown Ottawa and the airport both approximately 15 minutes away. With its extensive renovations, desirable corner-unit layout, and prime location, this is condo living at its finest - perfect for first-time buyers, downsizers, or investors. Simply move in and enjoy!

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

Mortgage Amount
$219,920
Land Transfer Taxes$2,599
Legal Fees (Est.)
$
Total cash required for closing$59,079

Total Monthly Obligation

$2,256/mo
Mortgage $1,109
Monthly Loss $1,964
Principal$292
Interest$817
Property Tax$192
Condo Fees$755
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.6%3
5-Year IRR
12.6%54
10-Year IRR
13.1%
Returns Index
27.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$27,036/yr
NOI
$10,567/yr
Net Cash Flow
-$228/mo
Cash Margin
-10.1%1
Cash Flow Index
0.7/ 100
Risk Profile
Weight: 20%
DSCR
0.7914
LTV Ratio
80.0%18
Vacancy Buffer
4.2 mo73
Risk Index
34.9/ 100

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

Comparables

Properties near 1440 Heron Road 510

Time

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Data last updated within the past 24 hours.