121 CASTLEFRANK Road 15, Kanata

$449,900
121 CASTLEFRANK Road 15

$449,900

New
31d
Condo Townhouse2-Storey

121 CASTLEFRANK Road 15, Kanata

Total Monthly Obligation $2,718

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
31d
Score
21
Yield
6.3%
Cash on Cash
-2.1%
Cap Rate
4.1%
5Y IRR
13.9%
10Y IRR
13.3%
Property Type-Condo Townhouse
MLS® Number-X13816942
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Sep 22, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$2,824 (2026)
Maintenance-$468/mo
Locker-None
Parking-2 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Possession-TBD
Neighbourhood-9003 - Kanata - Glencairn/Hazeldean
Title-Residential Condo & Other

No agent assigned

Turnkey and extensively updated in 2026, this bright 3-bedroom, 2-bathroom condo townhome offers a functional layout with a fenced rear yard backing onto a park. The main level features a spacious living area with walkout access to the rear yard, dining area, updated kitchen cabinetry, and convenient powder room. Upstairs offers a primary bedroom with walk-in closet, two additional bedrooms, and an updated full bathroom. The finished basement provides additional living space. Recent updates include removal of all ceiling stipple with ceilings re-plastered and painted, fresh paint throughout, updated kitchen cabinets, modernized switches, outlets and light fixtures, new flooring on the second-floor stairs, matte black door hardware, and an updated main bathroom. Enjoy a park directly behind the property with swings and a children's play structure. Ideally located close to schools, parks, shopping, and the library.

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

Closing Costs

Mortgage Amount
$359,920
Land Transfer Taxes$5,473
Legal Fees (Est.)
$
Total cash required for closing$96,953

Total Monthly Obligation

$2,718/mo
Mortgage $1,815
Monthly Loss $2,241
Principal$478
Interest$1,337
Property Tax$235
Condo Fees$468
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.2%1
5-Year IRR
10.1%36
10-Year IRR
10.8%
Returns Index
19.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$28,500/yr
NOI
$14,810/yr
Net Cash Flow
-$581/mo
Cash Margin
-24.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
29.3/ 100

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

Comparables

Properties near 121 CASTLEFRANK Road 15

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.