106 Valley Stream Drive B, South of Baseline to Knoxdale

$409,900
106 Valley Stream Drive B

$409,900

Price Change
36d
Condo Townhouse2-Storey

106 Valley Stream Drive B, South of Baseline to Knoxdale

Total Monthly Obligation $2,703

Beds
3
Baths
3
Park
2
Sqft
1200-1399
DOM
36d
Score
18
Yield
6.2%
Cash on Cash
-5.7%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Condo Townhouse
MLS® Number-X13796866
Beds-3
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Sep 17, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$2,976.67 (2026)
Maintenance-$601.82/mo
Locker-None
Parking-3 - Attached
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK PILON GROUP REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Foundation-Concrete
Possession-TBA
Neighbourhood-7601 - Leslie Park
Title-Residential Condo & Other

No agent assigned

Welcome to 106B Valley Stream Drive, a beautifully updated 3-bedroom, 3-bathroom condo townhouse offering a functional layout, modern finishes, and an exceptional location. With a private garage and parking for up to three vehicles, this move-in-ready home is ideal for first-time buyers, families, downsizers, or investors.The main level features a bright, sun-filled open-concept living and dining area with updated laminate flooring and a patio door providing direct access to the backyard. The renovated kitchen is fresh and inviting, featuring updated appliances, including a gas stove. A convenient powder room completes this level.Upstairs, you'll find three generously sized bedrooms, all with laminate flooring. The spacious primary bedroom features its own renovated 2-piece ensuite, while an updated 3-piece main bathroom serves the additional bedrooms.The partially finished lower level adds valuable extra living space and storage, along with a dedicated laundry area.Since 2022, the home has seen numerous updates, including new flooring throughout most of the home, renovated bathrooms, fresh paint on the main and upper levels, new kitchen appliances, updated ceilings with the popcorn finish removed, new light fixtures, and added overhead lighting in the living room and primary bedroom.Ideally located near Queensway Carleton Hospital, DND headquarters, IKEA, and the future LRT station, with quick access to the Queensway and approximately 15 minutes from downtown Ottawa. A fantastic opportunity to enjoy an updated, low-maintenance home in a convenient and well-connected neighbourhood.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$327,920
Land Transfer Taxes$4,673
Legal Fees (Est.)
$
Total cash required for closing$88,153

Total Monthly Obligation

$2,703/mo
Mortgage $1,653
Monthly Loss $2,268
Principal$435
Interest$1,218
Property Tax$248
Condo Fees$602
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.0%1
5-Year IRR
7.3%20
10-Year IRR
8.8%
Returns Index
11.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$25,320/yr
NOI
$10,189/yr
Net Cash Flow
-$804/mo
Cash Margin
-38.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo61
Risk Index
28.1/ 100

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

Comparables

Properties near 106 Valley Stream Drive B

Time

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