187 Carleton Avenue, Tunneys Pasture and Ottawa West

$1,695,000
187 Carleton Avenue

$1,695,000

New
26d
Semi-Detached 3-Storey

187 Carleton Avenue, Tunneys Pasture and Ottawa West

Total Monthly Obligation $8,335

Beds
4
Baths
5
Park
1
Sqft
2500-3000
DOM
26d
Score
15
Yield
3.5%
Cash on Cash
-9.5%
Cap Rate
2.5%
5Y IRR
8.1%
10Y IRR
8.8%
Property Type-Semi-Detached
MLS® Number-X13833270
Beds-4
Bathrooms-5
Size-2500-3000 sqft
Lot Size-25 × 100 ft
Listed on site-Sep 27, 2026
Style-3-Storey
Building Type-Semi-Detached
Taxes-$13,471.85 (2026)
Parking-2 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-4301 - Ottawa West/Tunneys Pasture
Title-Residential Freehold

No agent assigned

Discover exceptional flexibility and modern living in this beautifully appointed semi-detached home with an in-law suite, perfectly situated just steps from the Transitway. The main living level features an inviting open-concept layout with stylish contemporary finishes, including sleek glass railings and a warm gas fireplace that serves as the focal point of the space. The kitchen, dining, and living areas connect seamlessly, creating an ideal environment for entertaining or comfortable everyday living. On the second floor, you'll find three well-designed bedrooms, including a spacious Primary suite complete with a luxurious 5-piece ensuite and a generous walk-in closet. A large, dedicated laundry room enhances convenience and functionality for busy households. The standout feature of this home is the impressive third-floor retreat- a flexible space that can serve as an alternative primary suite, office or gym. This level offers a spa-inspired 5-piece bathroom, a walk-in closet, and a private balcony overlooking the neighbourhood. The lower-level unit features its own private entrance leading into a bright, open-concept layout. This one-bedroom suite includes in-suite laundry and a modern kitchen overlooking the living area. It's an ideal setup for a nanny suite, in-law suite, or private guest space, offering comfort and independence for extended family or live-in support. With modern touches throughout including smart features (light, heat and sound), versatile living spaces, and a prime location near major transit, this townhome delivers exceptional comfort, convenience, and adaptability for a wide range of lifestyles.

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

Closing Costs

Mortgage Amount
$1,356,000
Land Transfer Taxes$30,375
Legal Fees (Est.)
$
Total cash required for closing$370,875

Total Monthly Obligation

$8,335/mo
Mortgage $6,837
Monthly Loss $6,536
Principal$1,799
Interest$5,038
Property Tax$1,123
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%13
Cash-on-Cash
-12.6%0
5-Year IRR
5.7%13
10-Year IRR
7.2%
Returns Index
7.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$59,940/yr
NOI
$35,974/yr
Net Cash Flow
-$3,839/mo
Cash Margin
-76.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo19
Risk Index
13.6/ 100

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

Comparables

Properties near 187 Carleton Avenue

Time

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