960 Teron Road 507, Kanata

$344,888
960 Teron Road 507

$344,888

New
21d
Condo Apartment1 Storey/Apt

960 Teron Road 507, Kanata

Total Monthly Obligation $2,669

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
21d
Score
21
Yield
8.6%
Cash on Cash
-0.7%
Cap Rate
4.4%
5Y IRR
15.0%
10Y IRR
14.2%
Property Type-Condo Apartment
MLS® Number-X13853338
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 2, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$3,044 (2026)
Maintenance-$824/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Electric)
Brokerage-REMAX BOARDWALK REALTY
Cooling-Other
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-9001 - Kanata - Beaverbrook
Title-Residential Condo & Other

No agent assigned

Looking to upsize or downsize without sacrificing space? This fabulous 2 bed/2 bath North facing unit is just the answer. This treetop unit has been freshly painted throughout and has a welcoming foyer with french doors, a kitchen w ample cabinets and living/dining space. The updated solarium flows from the dining area, a stunning open space with new windows surround and flooring. Two generous size bedrooms, primary bedroom has double closets and 3-piece ensuite. Newly renovated 4 piece bath is combined with laundry area. Residents enjoy the assortment of amenities, including an outdoor pool, pickle ball/tennis courts, party rooms and social events. Parks, walking paths, restaurants, shopping, and transit are just outside your door.

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

Closing Costs

Mortgage Amount
$275,910
Land Transfer Taxes$3,648
Legal Fees (Est.)
$
Total cash required for closing$74,126

Total Monthly Obligation

$2,669/mo
Mortgage $1,391
Monthly Loss $2,303
Principal$366
Interest$1,025
Property Tax$254
Condo Fees$824
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.1%1
5-Year IRR
10.6%39
10-Year IRR
11.4%
Returns Index
20.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$29,748/yr
NOI
$11,441/yr
Net Cash Flow
-$438/mo
Cash Margin
-17.7%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.699
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo61
Risk Index
29.7/ 100

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

Comparables

Properties near 960 Teron Road 507

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.