32 Benlea Drive D, Tanglewood - Grenfell Glen - Pineglen

$318,900
32 Benlea Drive D

$318,900

New
21d
Condo Townhouse2-Storey

32 Benlea Drive D, Tanglewood - Grenfell Glen - Pineglen

Total Monthly Obligation $2,466

Beds
3
Baths
2
Park
1
Sqft
1400-1599
DOM
21d
Score
26
Yield
9.7%
Cash on Cash
4.3%
Cap Rate
5.5%
5Y IRR
19.0%
10Y IRR
17.4%
Property Type-Condo Townhouse
MLS® Number-X13855296
Beds-3
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$3,870.6 (2026)
Maintenance-$657.04/mo
Locker-None
Parking-1 - None
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Stucco (Plaster), Metal/Steel Siding
Possession-Flexible
Neighbourhood-7505 - Pineglen
Title-Residential Condo & Other

No agent assigned

Welcome To 32D Benlea Drive In Established Tanglewood, Nepean. This Spacious Townhome Offers A Bright And Functional Main-Level Layout With A Generous Living And Dining Area, Large Windows, And Neutral Finishes Throughout. The Kitchen Provides Ample Cabinetry And Counter Space, Tiled Backsplash, Double Sink, Dishwasher, And A Convenient Breakfast Bar - Perfect For Casual Meals And Extra Prep Space. A Full Bathroom With Large Walk-In Shower Completes The Main Level, Rare And So Practical. Upstairs You'll Find Well-Proportioned Bedrooms, Including An Impressively Spacious Primary With Plenty Of Room For A Sitting Area, Desk, Or Additional Storage. A Second Full Bathroom Serves The Upper Level, And The Flexible Layout Offers Lots Of Opportunity To Personalize. Outside, Enjoy A Fenced Outdoor Area Perfect For Relaxing Or Entertaining, Plus Convenient Nearby Parking. Set In A Well-Connected Nepean Neighbourhood Close To Parks, Schools, Public Transit, And Everyday Shopping, With Easy Access To NCC Walking And Cycling Trails And Pinhey Forest For Outdoor Recreation. Algonquin College, Shopping, And Restaurants Are Just Minutes Away! Ideal For Students, Professionals, Or Investors. Note: Condo Corporation Is Responsible For Repair Of Basement Wall At No Cost To Owner.

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

Closing Costs

Mortgage Amount
$255,120
Land Transfer Taxes$3,259
Legal Fees (Est.)
$
Total cash required for closing$68,539

Total Monthly Obligation

$2,466/mo
Mortgage $1,286
Monthly Loss $2,127
Principal$339
Interest$948
Property Tax$323
Condo Fees$657
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.3%30
Cash-on-Cash
-2.7%4
5-Year IRR
14.0%65
10-Year IRR
14.2%
Returns Index
33.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 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
$30,840/yr
NOI
$13,601/yr
Net Cash Flow
-$153/mo
Cash Margin
-6.0%1
Cash Flow Index
1.5/ 100
Risk Profile
Weight: 20%
DSCR
0.8819
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo66
Risk Index
34.4/ 100

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

Comparables

Properties near 32 Benlea Drive D

Time

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