314 Royal Fern Way, Blossom Park - Airport and Area

$399,900
314 Royal Fern Way

$399,900

New
27d
Condo TownhouseStacked Townhouse

314 Royal Fern Way, Blossom Park - Airport and Area

Total Monthly Obligation $2,481

Bed+Den
2+1
Baths
2
Park
1
Sqft
1000-1199
DOM
27d
Score
22
Yield
6.7%
Cash on Cash
-1.2%
Cap Rate
4.3%
5Y IRR
14.6%
10Y IRR
13.9%
Property Type-Condo Townhouse
MLS® Number-X13832626
Bed+Den-2+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 26, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Taxes-$3,383.76 (2026)
Maintenance-$385.6/mo
Locker-None
Parking-2 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Possession-30-59 days
Neighbourhood-2602 - Riverside South/Gloucester Glen
Title-Residential Condo & Other

No agent assigned

CONDO LIVING WITHOUT COMPROMISE! Welcome to a sun-filled, turnkey Urbandale Jazz terrace home offering effortless condo ease with the private feel of a freehold. Step inside to dramatic 9-FT CEILINGS that enhance the open-concept main floor with soaring volume and natural light. The fluid living and dining spaces connect seamlessly to a beautifully refreshed kitchen showcasing updated CABINETRY & COUNTERTOPS (2025), a gas stove (2023), Dishwasher (2022) and practical pantry storage. SEPARATE FRONT & REAR ENTRIES provide seamless flow alongside a versatile two-level plan. On the main floor, the expansive primary bedroom features modern flooring (2026), a SPACIOUS WALK-IN CLOSET, a full 4-PIECE BATHROOM, and direct access to a massive private REAR BALCONY. A welcoming FRONT PORCH adds a charming second outdoor haven. Head down to the FINISHED DOWNSTAIRS RETREAT to find a bright second bedroom-also featuring a SPACIOUS WALK-IN CLOSET-and a SECOND FULL BATHROOM, providing true SPLIT-LEVEL PRIVACY that is the ideal setup for a home office, guests, or roommates. Enjoy unmatched convenience with 2 DEDICATED PARKING SPOTS, featuring your OWN ATTACHED GARAGE with INSIDE ENTRY plus a driveway space! Thoughtful upgrades include central A/C and microwave hood fan (2024), refreshed rear patio (2023), and modern lighting throughout (2026). Low-maintenance condo fees cover exterior upkeep, snow removal, and insurance. Commuters will love the 10-minute walk to LIMEBANK LRT! You are also minutes from a brand-new plaza already open with restaurants, banks, cafes, and groceries, plus access to top schools and scenic river trails. For massive future equity, you are steps from the planned Riverside South TOWN CENTRE, bringing a pedestrian plaza, library, and recreation centre to your doorstep. Move-in ready with locked-in growth potential, this is an outstanding opportunity for first-time buyers, downsizers, and savvy investors alike!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$319,920
Land Transfer Taxes$4,474
Legal Fees (Est.)
$
Total cash required for closing$85,954

Total Monthly Obligation

$2,481/mo
Mortgage $1,613
Monthly Loss $2,056
Principal$424
Interest$1,189
Property Tax$282
Condo Fees$386
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.7%2
5-Year IRR
10.6%40
10-Year IRR
11.2%
Returns Index
20.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$26,712/yr
NOI
$13,630/yr
Net Cash Flow
-$477/mo
Cash Margin
-21.4%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo67
Risk Index
31.6/ 100

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

Comparables

Properties near 314 Royal Fern Way

Time

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