84 Monterey Drive, South of Baseline to Knoxdale

$449,777
84 Monterey Drive

$449,777

New
21d
Att/Row/Townhouse2-Storey

84 Monterey Drive, South of Baseline to Knoxdale

Total Monthly Obligation $2,474

Beds
2
Baths
2
Park
1
Sqft
700-1100
DOM
21d
Score
22
Yield
6.4%
Cash on Cash
2.5%
Cap Rate
5.1%
5Y IRR
17.5%
10Y IRR
16.2%
Property Type-Att/Row/Townhouse
MLS® Number-X13853796
Beds-2
Bathrooms-2
Size-700-1100 sqft
Lot Size-17.49 × 116.54 ft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$3,421.92 (2026)
Parking-1 - None
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ENGEL & VOLKERS OTTAWA
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-To Be Arranged
Neighbourhood-7601 - Leslie Park
Title-Residential Freehold

No agent assigned

Welcome to 84 Monterey Drive, where comfortable living, thoughtful updates, and an incredibly convenient Nepean location come together. Close to healthcare, schools, recreation, shopping, and public transit, this 2 bedroom, 2 bathroom home puts so much of what you need within easy reach. Step inside to a bright white kitchen offering plenty of cabinetry and counter space, a double sink, and an easy connection to the main living areas. Hardwood flooring flows through the living and dining spaces, where dramatic floor-to-ceiling windows fill the home with natural light. A cozy gas fireplace anchors the living room, while direct access to the backyard creates an effortless connection to the outdoors. Step outside to your own peaceful retreat with a private fenced yard, beautiful gardens, and mature trees providing a lush backdrop. Whether it is morning coffee, summer dinners, or simply relaxing at the end of the day, this is a backyard made to be enjoyed. Upstairs, both bedrooms are generously sized with impressive wall-to-wall closets. The primary bedroom also features convenient cheater access to the main bathroom. The lower level was beautifully renovated in 2026 with stylish LVP flooring, giving you even more flexible living space. The large family room is ready for movie nights, a home office, gym, playroom, or whatever suits your lifestyle, while a powder room, laundry area, and additional storage complete the level. And when it comes to location, everyday life could not be more convenient. With healthcare, schools, recreation, shopping, and public transit all nearby, you can spend less time getting where you need to go and more time enjoying home. Bright, welcoming, updated, and exceptionally well located, 84 Monterey Drive is ready for its next chapter.

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

Closing Costs

Mortgage Amount
$369,897($10,075 CMHC)
Land Transfer Taxes$5,471
Legal Fees (Est.)
$
Total cash required for closing$96,926

Total Monthly Obligation

$2,525/mo
Mortgage $1,865
Monthly Loss $2,034
Principal$491
Interest$1,374
Property Tax$285
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-4.5%3
5-Year IRR
11.0%43
10-Year IRR
12.1%
Returns Index
23.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$28,800/yr
NOI
$17,998/yr
Net Cash Flow
-$365/mo
Cash Margin
-15.2%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8014
LTV Ratio
82.2%14
Vacancy Buffer
3.8 mo65
Risk Index
31.1/ 100

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

Comparables

Properties near 84 Monterey Drive

Time

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