359 River Landing Avenue, Barrhaven

$789,900
359 River Landing Avenue

$789,900

New
16d
Detached2-Storey

359 River Landing Avenue, Barrhaven

Total Monthly Obligation $4,056

Beds
3
Baths
3
Park
2
Sqft
2000-2500
DOM
16d
Score
18
Yield
4.9%
Cash on Cash
-3.4%
Cap Rate
3.9%
5Y IRR
12.9%
10Y IRR
12.5%
Property Type-Detached
MLS® Number-X13873134
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-36.09 × 82.02 ft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$5,940.78 (2026)
Parking-4 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-7711 - Barrhaven - Half Moon Bay
Title-Residential Freehold

No agent assigned

here is a feeling you get the moment you step into a home that was built with real intention, and this HALFMOON BAY gem delivers it from the very first step into a GRAND 12-foot foyer that welcomes you with OPENNESS and GRACE before you have even seen what lies beyond. The hardwood staircase with mahogany railings and metal spindles sets a CLASSIC, TIMELESS and DEEPLY INVITING tone that carries effortlessly through every level of this EXTRAORDINARY home. At the heart of it all rises a BREATHTAKING 14-foot loft great room, where MASSIVE 8-foot south-facing double patio doors pour GLORIOUS, GOLDEN light into every corner, opening to a sun-soaked balcony and anchored by a DRAMATIC floor-to-ceiling stone mantle with a cherry wood surround and gas fireplace that makes every single evening feel like something WORTH REMEMBERING. Nine-foot ceilings flow across all three levels with 8-foot doors throughout, making every room feel ALIVE, GENEROUS and genuinely REMARKABLE, and the SPECTACULAR main level kitchen delivers on every promise with ABUNDANT counter space, a WELCOMING centre island made for gathering, and ELEGANT patio doors that walk out to a MAGNIFICENT two-tier fully fenced PVC deck, low maintenance and absolutely MADE for long evenings and CHERISHED memories. Upstairs, the bedroom level moves you just as deeply, a SOARING cathedral ceiling and THOUGHTFUL built-ins in the secondary bedroom show how carefully every corner was considered, while the PRIMARY suite offers everything you have ever wanted, TWO walk-in closets and a LAVISH five-piece ensuite that feels like a TRUE sanctuary at the end of every WELL-LIVED day. A dedicated second floor office nook, an additional full bath, and a LUMINOUS 9-foot unfinished basement BURSTING with potential round out a home where every corner has something EXTRAORDINARY to offer. This is HALFMOON BAY living at its absolute finest, come feel it for yourself.

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

Closing Costs

Mortgage Amount
$631,920
Land Transfer Taxes$12,273
Legal Fees (Est.)
$
Total cash required for closing$171,753

Total Monthly Obligation

$4,056/mo
Mortgage $3,186
Monthly Loss $3,218
Principal$838
Interest$2,348
Property Tax$495
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-7.9%1
5-Year IRR
9.4%31
10-Year IRR
10.1%
Returns Index
16.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$39,096/yr
NOI
$24,746/yr
Net Cash Flow
-$1,124/mo
Cash Margin
-34.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
21.4/ 100

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

Comparables

Properties near 359 River Landing Avenue

Time

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