1350 Hemlock Road 411, Manor Park - Cardinal Glen and Area

$439,900
1350 Hemlock Road 411

$439,900

New
16d
Condo Apartment1 Storey/Apt

1350 Hemlock Road 411, Manor Park - Cardinal Glen and Area

Total Monthly Obligation $2,916

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
16d
Score
20
Yield
7.1%
Cash on Cash
-2.0%
Cap Rate
4.1%
5Y IRR
14.0%
10Y IRR
13.3%
Property Type-Condo Apartment
MLS® Number-X13874398
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 7, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$4,674.66 (2026)
Maintenance-$552/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-3104 - CFB Rockcliffe and Area
Title-Residential Condo & Other

No agent assigned

Stylish, spacious, and move-in ready in Wateridge Village! Beautifully finished in timeless neutral tones, this bright condo offers a functional layout with two well-sized bedrooms and two full bathrooms. The modern kitchen features sleek white cabinetry, quartz countertops, and upgraded appliances. Enjoy the convenience of in-suite laundry, a private balcony, underground parking, and a separate storage locker. Conveniently located near Montfort Hospital, the Ottawa River bike paths, parks, Costco, and Farm Boy. Blair LRT Station is nearby for an easy commute, while major employers including NRC, CSIS, and CMHC are within close proximity.

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

Closing Costs

Mortgage Amount
$351,920
Land Transfer Taxes$5,273
Legal Fees (Est.)
$
Total cash required for closing$94,753

Total Monthly Obligation

$2,916/mo
Mortgage $1,774
Monthly Loss $2,449
Principal$467
Interest$1,307
Property Tax$390
Condo Fees$552
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.4%1
5-Year IRR
10.1%36
10-Year IRR
10.9%
Returns Index
18.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$31,080/yr
NOI
$14,273/yr
Net Cash Flow
-$585/mo
Cash Margin
-22.6%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
27.6/ 100

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

Comparables

Properties near 1350 Hemlock Road 411

Time

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Data last updated within the past 24 hours.