310 Central Park Drive 4B, Carlington - Central Park

$309,900
310 Central Park Drive 4B

$309,900

New
37d
Condo ApartmentApartment

310 Central Park Drive 4B, Carlington - Central Park

Total Monthly Obligation $2,300

Beds
2
Baths
1
Park
1
Sqft
700-799
DOM
37d
Score
25
Yield
9.1%
Cash on Cash
3.7%
Cap Rate
5.4%
5Y IRR
18.5%
10Y IRR
17.0%
Property Type-Condo Apartment
MLS® Number-X13795270
Beds-2
Bathrooms-1
Size-700-799 sqft
Listed on site-Sep 16, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,878 (2025)
Maintenance-$609.96/mo
Locker-None
Parking-1 - Detached
Basement-None
Heating-Forced Air (Gas)
Brokerage-FIDACITY REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Immediate
Neighbourhood-5304 - Central Park
Title-Residential Condo & Other

No agent assigned

Don't miss out on this rare gem in the heart of the city! This 2 Bed, 1 Bath condo is truly one of a kind. The great layout and excellent floorplan make for a spacious and inviting living space and functional kitchen Enjoy the natural light pouring in through the abundance of windows, as well as a private balcony perfect for quiet mornings or entertaining guests. Conveniently located just minutes from the Merivale strip, you'll have easy access to shopping, restaurants, and more. The Civic hospital, bike/walking trails, and public transit are all within reach, making this the perfect location for anyone on the go. Bike Rack Included.

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

Closing Costs

Mortgage Amount
$247,920
Land Transfer Taxes$3,124
Legal Fees (Est.)
$
Total cash required for closing$66,604

Total Monthly Obligation

$2,300/mo
Mortgage $1,250
Monthly Loss $1,971
Principal$329
Interest$921
Property Tax$240
Condo Fees$610
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.2%28
Cash-on-Cash
-3.2%4
5-Year IRR
13.6%62
10-Year IRR
13.8%
Returns Index
31.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$28,308/yr
NOI
$12,880/yr
Net Cash Flow
-$177/mo
Cash Margin
-7.5%1
Cash Flow Index
1.1/ 100
Risk Profile
Weight: 20%
DSCR
0.8617
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo71
Risk Index
35.6/ 100

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

Comparables

Properties near 310 Central Park Drive 4B

Time

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Data last updated within the past 24 hours.