123 Eye Bright Crescent, Blossom Park - Airport and Area

$424,900
123 Eye Bright Crescent

$424,900

New
23d
Condo TownhouseStacked Townhouse

123 Eye Bright Crescent, Blossom Park - Airport and Area

Total Monthly Obligation $2,764

Beds
2
Baths
2
Park
1
Sqft
1600-1799
DOM
23d
Score
24
Yield
7.8%
Cash on Cash
2.0%
Cap Rate
5.0%
5Y IRR
17.2%
10Y IRR
15.9%
Property Type-Condo Townhouse
MLS® Number-X13845372
Beds-2
Bathrooms-2
Size-1600-1799 sqft
Listed on site-Sep 30, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Taxes-$3,779.21 (2025)
Maintenance-$534.98/mo
Locker-None
Parking-2 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-ENGEL & VOLKERS OTTAWA
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-2602 - Riverside South/Gloucester Glen
Title-Residential Condo & Other

No agent assigned

Enjoy spacious, low-maintenance living in the heart of Riverside South, with everyday amenities and convenient transit just minutes from your door. Offering over 1,600 sq. ft. of living space, this upper-unit stacked townhome stands out with its bright, airy layout, soaring ceilings and impressive windows that fill the home with natural light. The main living level is designed for both everyday comfort and entertaining, with an open-concept living and dining area, access to a private balcony, and a well-appointed kitchen featuring a peninsula that keeps the space connected and inviting. A bedroom on this level offers flexibility for guests or additional living space and features cheater access to a full bathroom. Upstairs, a loft overlooks the main living area below and makes an ideal home office, reading nook or cozy retreat. The spacious primary bedroom feels like its own private escape, complete with a walk-in closet, second balcony and cheater access to a full bathroom with a relaxing soaker tub. The attached garage is EV ready and offers inside entry to a convenient lower-level mudroom, plus there is an additional outdoor parking space. Parks, schools, grocery stores and everyday conveniences are nearby, while River Road provides easy access to Manotick. Limebank LRT Station is approximately a 10-minute walk away, making trips downtown or to the airport simple and convenient. A fantastic opportunity for those seeking space, comfort and low-maintenance living in one of Ottawa's growing communities.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$339,920
Land Transfer Taxes$4,973
Legal Fees (Est.)
$
Total cash required for closing$91,453

Total Monthly Obligation

$2,764/mo
Mortgage $1,714
Monthly Loss $2,313
Principal$451
Interest$1,263
Property Tax$315
Condo Fees$535
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-3.7%3
5-Year IRR
13.0%57
10-Year IRR
13.2%
Returns Index
29.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$33,096/yr
NOI
$17,187/yr
Net Cash Flow
-$282/mo
Cash Margin
-10.2%1
Cash Flow Index
0.6/ 100
Risk Profile
Weight: 20%
DSCR
0.8416
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo59
Risk Index
31.0/ 100

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

Comparables

Properties near 123 Eye Bright Crescent

Time

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