2 Caribou Avenue, Stittsville - Munster - Richmond

$649,000
2 Caribou Avenue

$649,000

Price Change
22d
DetachedBungalow

2 Caribou Avenue, Stittsville - Munster - Richmond

Total Monthly Obligation $3,401

Beds
3
Baths
3
Park
6
Sqft
1100-1500
DOM
22d
Score
20
Yield
5.4%
Cash on Cash
-1.4%
Cap Rate
4.3%
5Y IRR
14.5%
10Y IRR
13.7%
Property Type-Detached
MLS® Number-X13849616
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-66.66 × 100.08 ft
Listed on site-Oct 1, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,897.6 (2026)
Parking-7 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-HOME RUN REALTY INC.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick Front
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-8203 - Stittsville (South)
Title-Residential Freehold

No agent assigned

WELCOME HOME TO 2 CARIBOU AVENUE! Discover this beautifully updated bungalow offering 3 bedrooms, 3 bathrooms and a fully finished basement on a corner lot in the heart of Stittsville. Mature trees, inviting curb appeal and bright living spaces create a welcoming place to call home. Step through the foyer into a spacious living room featuring high ceilings and oversized windows that fill the home with natural light. A dedicated dining room with custom railing connects to a stylish, functional kitchen with convenient access to main-floor laundry and a full bathroom. The primary bedroom features a large closet and semi-ensuite access to a second 4-piece bathroom, alongside two additional well-sized bedrooms. The fully finished lower level offers a generous family/recreation room, two versatile rooms, a full bathroom and an existing kitchenette. A door from the attached garage provides direct access to the basement, adding convenience for shared living. Together, these features offer potential for conversion to a secondary dwelling unit, subject to applicable requirements and approvals. Additional storage is available in the crawl space and furnace area. Enjoy summer barbecues, family gatherings and peaceful evenings in the private backyard surrounded by mature trees. A new shed provides convenient outdoor storage. An attached single-car garage and driveway accommodating up to six vehicles provide seven parking spaces in total. Located on a quiet street near schools, shopping, parks, trails and everyday amenities, this inviting bungalow offers comfort, convenience and room for your next chapter. OPEN HOUSE on October 17 at 1-3 pm. Virtually Staged.

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

Closing Costs

Mortgage Amount
$519,200
Land Transfer Taxes$9,455
Legal Fees (Est.)
$
Total cash required for closing$140,755

Total Monthly Obligation

$3,401/mo
Mortgage $2,618
Monthly Loss $2,712
Principal$689
Interest$1,929
Property Tax$408
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.5%2
5-Year IRR
10.5%39
10-Year IRR
11.0%
Returns Index
20.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$35,256/yr
NOI
$22,333/yr
Net Cash Flow
-$757/mo
Cash Margin
-25.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
25.0/ 100

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

Comparables

Properties near 2 Caribou Avenue

Time

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