121 Mackay Street 2, New Edinburgh - Lindenlea

$1,179,000
121 Mackay Street 2

$1,179,000

New
16d
Semi-Detached 3-Storey

121 Mackay Street 2, New Edinburgh - Lindenlea

Total Monthly Obligation $5,930

Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
16d
Score
15
Yield
3.7%
Cash on Cash
-9.0%
Cap Rate
2.7%
5Y IRR
8.5%
10Y IRR
9.1%
Property Type-Semi-Detached
MLS® Number-X13873260
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-24.05 × 62.79 ft
Listed on site-Oct 7, 2026
Style-3-Storey
Building Type-Semi-Detached
Taxes-$9,588 (2025)
Parking-2 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-3301 - New Edinburgh
Title-Residential Freehold

No agent assigned

Stylish and elegant multi level 3 bedroom, 3 bathroom SEMI DETACHED home in New Edinburgh directly across from RIDEAU HALL + Governor General's residence. Fabulous location in the heart of The Village close to Stanley Park, Rideau River and a short walk to all of the shops, pubs + restaurants on Beechwood Ave. Fronts onto a private courtyard and features 2 balconies for "al fresco" dining + relaxation! MAIN + LOWER LEVEL- features spacious ceramic tile entrance with access to single attached garage, functional recroom + furnace room. SECOND LEVEL- features Living Room accented by dramatic cathedral ceiling with huge windows, hardwood floors, fireplace with Red Verona Marble hearth, entertainment sized Dining Room with hardwood floors, gourmet kitchen with access to large balcony with awning, 2pc powder room + Laundry. THIRD LEVEL- spacious Primary Bedroom highlighted by fireplace + 5 pc ensuite bathroom with whirlpool bath, double sink + stand up shower, good sized Secondary Bedroom with cathedral ceiling + Murphy Bed perfect as home office, 4 pc main bathroom with skylight, 3rd Bedroom with skylight + balcony overlooking Rideau Hall. Great value!!

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

Closing Costs

Mortgage Amount
$943,200
Land Transfer Taxes$20,055
Legal Fees (Est.)
$
Total cash required for closing$257,355

Total Monthly Obligation

$5,930/mo
Mortgage $4,756
Monthly Loss $4,678
Principal$1,251
Interest$3,504
Property Tax$799
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%13
Cash-on-Cash
-12.6%0
5-Year IRR
5.8%13
10-Year IRR
7.3%
Returns Index
8.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$43,692/yr
NOI
$25,235/yr
Net Cash Flow
-$2,653/mo
Cash Margin
-72.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
15.7/ 100

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

Comparables

Properties near 121 Mackay Street 2

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.