256 Cresthaven Drive, Barrhaven

$349,900
256 Cresthaven Drive

$349,900

New
25d
Condo Townhouse2-Storey

256 Cresthaven Drive, Barrhaven

Total Monthly Obligation $2,254

Beds
2
Baths
3
Park
1
Sqft
1200-1399
DOM
25d
Score
25
Yield
7.8%
Cash on Cash
2.9%
Cap Rate
5.2%
5Y IRR
17.9%
10Y IRR
16.5%
Property Type-Condo Townhouse
MLS® Number-X13836262
Beds-2
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Sep 28, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-16-30
Taxes-$2,595.5 (2025)
Maintenance-$426.39/mo
Locker-None
Parking-1 - None
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE INTEGRITY REALTY
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas
Pool-None
Exterior-Brick Veneer, Vinyl Siding
Foundation-Poured Concrete
Possession-TBD
Neighbourhood-7710 - Barrhaven East
Title-Residential Condo & Other

No agent assigned

Bright and beautifully updated 2-bedroom, 3-bath (2 en-suites) condo in the heart of Barrhaven! This spacious home offers an ideal layout for first-time buyers, downsizers, investors, or anyone seeking low-maintenance living without sacrificing comfort or functionality. The sun-filled main level features fresh paint, updated lighting, modern vinyl flooring, and a cozy gas fireplace that creates a warm and inviting atmosphere. The open-concept design is perfect for entertaining, with patio doors leading to a private balcony overlooking open green space - ideal for relaxing or summer BBQs. The generous kitchen offers ample cabinetry, abundant counter space, and a breakfast bar that flows seamlessly into the bright eating area. A separate dining room and convenient powder room complete the main level. The lower level features two spacious bedrooms with updated vinyl flooring throughout, each with its own private ensuite bath - a rare and highly desirable feature perfect for guests, roommates, or families. A large laundry, utility, and storage room is conveniently located between the bedrooms, with additional storage under the stairs. Additional highlights include an assigned parking space located just steps from the rear patio entrance and an unbeatable location close to parks, schools, transit, and everyday amenities. Just steps away is the brand-new plaza featuring FreshCo, Tim Hortons, restaurants, and more. Move-in ready and exceptionally well located - book your private showing today!

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

Closing Costs

Mortgage Amount
$279,920
Land Transfer Taxes$3,724
Legal Fees (Est.)
$
Total cash required for closing$75,204

Total Monthly Obligation

$2,254/mo
Mortgage $1,411
Monthly Loss $1,883
Principal$371
Interest$1,040
Property Tax$216
Condo Fees$426
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.1%28
Cash-on-Cash
-3.2%4
5-Year IRR
13.3%60
10-Year IRR
13.4%
Returns Index
31.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$27,348/yr
NOI
$14,501/yr
Net Cash Flow
-$203/mo
Cash Margin
-8.9%1
Cash Flow Index
0.8/ 100
Risk Profile
Weight: 20%
DSCR
0.8617
LTV Ratio
80.0%18
Vacancy Buffer
4.2 mo73
Risk Index
36.0/ 100

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

Comparables

Properties near 256 Cresthaven Drive

Time

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