87 Banchory Crescent, Kanata

$580,000
87 Banchory Crescent

$580,000

New
29d
Att/Row/Townhouse2-Storey

87 Banchory Crescent, Kanata

Total Monthly Obligation $3,039

Beds
3
Baths
3
Park
2
Sqft
1100-1500
DOM
29d
Score
20
Yield
5.3%
Cash on Cash
-1.6%
Cap Rate
4.2%
5Y IRR
14.3%
10Y IRR
13.6%
Property Type-Att/Row/Townhouse
MLS® Number-X13825758
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-20.96 × 144.71 ft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-31-50
Taxes-$3,893.87 (2026)
Parking-3 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-9008 - Kanata - Morgan's Grant/South March
Title-Residential Freehold

No agent assigned

Backing onto MATURE TREES and a TRANQUIL RAVINE with NO REAR NEIGHBOURS and a DREAMY walkout basement leading to a MASSIVE 19' x 10' private deck, this Morgan's Grant townhome in Kanata is the kind of find that stops your scroll and books a showing. Over $100,000 in renovations completed in the past three years have transformed this home from top to bottom with every detail done right. BRAND NEW engineered hardwood flows through the main and second floor, STRIKING matte black railings give the staircase a clean modern edge, and the kitchen is finished with quartz countertops, a single bowl sink, and a SEAMLESS one-piece backsplash matched perfectly to the counter for that POLISHED cohesive look. Two FULLY RENOVATED bathrooms have been completely reimagined from head to toe, and FRESH interlock front and back ties the outdoor spaces together with a CRISP intentional finish. OVERSIZED new windows frame that GORGEOUS RAVINE backdrop from inside, filling every room with natural light and a sense of calm that is GENUINELY RARE at this price point. Tucked into one of Kanata's most CHERISHED mature neighbourhoods, this home is MOVE-IN READY, THOUGHTFULLY RENOVATED, and sitting on one of the most COVETED lots in the community. Homes like this DO NOT WAIT, and neither should you! 2023-2026 Updates: 50yr Roof Shingle, Triple Glaze Windows w/25yr Warranty, PVC Fence, Attic Insulation, Insulated garage door, Front & backyard Interlock, Both full bathrooms, HRV, Heat Pump, Kitchen Counter & Backsplash, Dishwasher, Stove, Range Hood, Washer, Dryer, Shed, Engineering floors on both levels, premium vinyl flooring in kitchen and walk-out bsmt.

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

Closing Costs

Mortgage Amount
$464,000
Land Transfer Taxes$8,075
Legal Fees (Est.)
$
Total cash required for closing$125,575

Total Monthly Obligation

$3,039/mo
Mortgage $2,340
Monthly Loss $2,423
Principal$616
Interest$1,724
Property Tax$324
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-6.9%1
5-Year IRR
10.2%37
10-Year IRR
10.8%
Returns Index
19.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$30,912/yr
NOI
$19,427/yr
Net Cash Flow
-$721/mo
Cash Margin
-28.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo53
Risk Index
27.0/ 100

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

Comparables

Properties near 87 Banchory Crescent

Time

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