12 Corkstown Road 201, Crystal Bay - Rocky Point - Bayshore

$385,000
12 Corkstown Road 201

$385,000

New
16d
Condo Apartment2-Storey

12 Corkstown Road 201, Crystal Bay - Rocky Point - Bayshore

Total Monthly Obligation $2,630

HausQ Valuation Report
Beds
2
Baths
1
Park
2
Sqft
1000-1199
DOM
16d
Score
21
Yield
7.5%
Cash on Cash
-1.1%
Cap Rate
4.4%
5Y IRR
14.7%
10Y IRR
13.9%
Property Type-Condo Apartment
MLS® Number-X13871496
Beds-2
Bathrooms-1
Size-1000-1199 sqft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Condo Apartment
Taxes-$3,013.24 (2025)
Maintenance-$625.66/mo
Locker-Exclusive
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Stucco (Plaster)
Possession-TBD
Neighbourhood-7003 - Lakeview Park
Title-Residential Condo & Other

No agent assigned

Welcome to this beautifully maintained 2 bedroom, 1 bathroom condo in the sought-after Crystal Beach community. This bright second floor corner unit offers beautiful north-northwest views of the Ottawa River and spectacular summer sunsets from one of the building's most desirable locations. Thoughtfully updated and move-in ready, it features updated flooring, a bonus flex space ideal for a home office, in-suite Miele laundry, an owned Rheem hot water tank, storage locker, and the rare convenience of two indoor parking spaces. Located directly across from Andrew Haydon Park and the Ottawa River with walking and cycling paths at your doorstep, and just minutes to DND, the future Moodie O-Train Station, Highway 417, and everyday amenities. This well-managed, smoke-free boutique 50-unit condominium also offers a fitness room, theatre room, secure bicycle storage, generous visitor parking, and exceptional pride of ownership throughout.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$308,000
Land Transfer Taxes$4,250
Legal Fees (Est.)
$
Total cash required for closing$82,750

Total Monthly Obligation

$2,630/mo
Mortgage $1,553
Monthly Loss $2,221
Principal$409
Interest$1,144
Property Tax$251
Condo Fees$626
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.9%1
5-Year IRR
10.5%39
10-Year IRR
11.3%
Returns Index
20.5/ 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
$28,740/yr
NOI
$12,945/yr
Net Cash Flow
-$474/mo
Cash Margin
-19.8%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
30.2/ 100

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

Comparables

Properties near 12 Corkstown Road 201

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.

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Data last updated within the past 24 hours.