1350 Hemlock Road 202, Manor Park - Cardinal Glen and Area

$259,900
1350 Hemlock Road 202

$259,900

Price Change
26d
Condo ApartmentApartment

1350 Hemlock Road 202, Manor Park - Cardinal Glen and Area

Total Monthly Obligation $1,785

Beds
0
Baths
1
Park
0
Sqft
0-499
DOM
26d
Score
22
Yield
7.3%
Cash on Cash
-1.2%
Cap Rate
4.3%
5Y IRR
14.6%
10Y IRR
13.9%
Property Type-Condo Apartment
MLS® Number-X13833050
Beds-0
Bathrooms-1
Size-0-499 sqft
Listed on site-Sep 27, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,766.45 (2026)
Maintenance-$306.5/mo
Locker-None
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-AVENUE NORTH REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-Yes
Pool-None
Exterior-Brick, Vinyl Siding
Possession-Immediate/Flexible
Neighbourhood-3104 - CFB Rockcliffe and Area
Title-Residential Condo & Other

No agent assigned

Welcome to 1350 Hemlock Rd., where modern design meets comfortable, low-maintenance living in the highly sought-after Wateridge Village community. This thoughtfully designed second-level studio offers a bright, south-facing open-concept layout and an ideal location just minutes from downtown Ottawa and steps from the scenic Ottawa River. Situated in a vibrant, family-friendly neighbourhood, the home is conveniently located close to schools, newly developed city parks, and Montfort Hospital. Inside, the bright and inviting living space features a cozy carpeted area that can comfortably accommodate both living and sleeping areas. The modern kitchen is equipped with stainless steel appliances, sleek quartz countertops, and contemporary finishes, creating a stylish and functional space. Luxury vinyl tile flooring extends through the kitchen, complemented by ceramic tile in the bathroom. Enjoy the convenience of in-unit laundry and your own private, glass-enclosed south-facing balcony-perfect for enjoying your morning coffee or relaxing outdoors. Residents also have access to the building's stylish party room, ideal for entertaining guests and social gatherings. With a ground-level entrance, elevators, and stair-free access to the unit, everyday living is easy and convenient. Enjoy an exceptional location surrounded by some of Ottawa's best amenities and outdoor spaces. Alliance Park, Eugène Martineau Park and Veterans Park are all nearby, along with scenic Ottawa River pathways perfect for walking, cycling and enjoying nature. Convenient access to public transit and Blair LRT makes commuting a breeze, while Montfort Hospital, Farm Boy, La Cité and major employers including NRC, RCMP, CSIS, CSE and CMHC are all within easy reach. Whether you're a first-time buyer, downsizer, or investor, this move-in-ready studio offers an excellent opportunity to own in one of Ottawa's exciting and well-connected communities.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$207,920
Land Transfer Taxes$2,374
Legal Fees (Est.)
$
Total cash required for closing$55,854

Total Monthly Obligation

$1,785/mo
Mortgage $1,048
Monthly Loss $1,510
Principal$276
Interest$772
Property Tax$231
Condo Fees$307
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.7%33
10-Year IRR
10.6%
Returns Index
17.7/ 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
$18,864/yr
NOI
$8,133/yr
Net Cash Flow
-$371/mo
Cash Margin
-23.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
5.4 mo87
Risk Index
37.8/ 100

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

Comparables

Properties near 1350 Hemlock Road 202

Time

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Data last updated within the past 24 hours.