960 Teron Road S 102, Kanata

$355,000
960 Teron Road S 102

$355,000

New
18d
Condo Apartment1 Storey/Apt

960 Teron Road S 102, Kanata

Total Monthly Obligation $2,814

Beds
2
Baths
2
Park
1
Sqft
1200-1399
DOM
18d
Score
29
Yield
10.6%
Cash on Cash
7.0%
Cap Rate
6.1%
5Y IRR
21.2%
10Y IRR
19.3%
Property Type-Condo Apartment
MLS® Number-X13875968
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 5, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-31-50
Taxes-$3,376 (2025)
Maintenance-$901/mo
Locker-Exclusive
Parking-1 - Surface
Basement-None
Heating-Heat Pump (Electric)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Window Unit(s)
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBA
Neighbourhood-9001 - Kanata - Beaverbrook
Title-Residential Condo & Other

No agent assigned

Rare 2 bed, 2 bath ground floor corner unit in a secure & quiet senior oriented building. Only 6 units with a solarium walk-out to courtyard & walking paths. New Windows. New Patio door. Freshly Painted. Cork Flooring throughout. Custom Cabinets in kitchen. Tiled Backsplash. Heated Floor in Solarium. Living / dining area has 3 Custom built-in cabinets: 1..Entertainment center. 2..Bookshelf. 3..Credenza. California Shutters. Roman Blinds. Crown Moulding. Main bedroom ensuite. Custom built-in murphy bed in 2nd bedroom. Entire main bathroom updated in 2021. In unit laundry. Gated, secure outdoor pool. Tennis courts. Building has so much to offer: Sauna. Whirlpool. Party room. Games room. Exercise room. Library. Workshop. Racquetball & Squash courts. Large storage locker. Several social clubs. Multitude of visitor parking directly outside entrance. Roundabout at front door for easy pick up of residents. Highway on & off ramps are 1-2 minutes away.

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

Closing Costs

Mortgage Amount
$284,000
Land Transfer Taxes$3,800
Legal Fees (Est.)
$
Total cash required for closing$76,300

Total Monthly Obligation

$2,814/mo
Mortgage $1,432
Monthly Loss $2,437
Principal$377
Interest$1,055
Property Tax$281
Condo Fees$901
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.8%36
Cash-on-Cash
-0.0%8
5-Year IRR
16.2%78
10-Year IRR
15.9%
Returns Index
41.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
29/ 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
$37,524/yr
NOI
$17,184/yr
Net Cash Flow
-$0/mo
Cash Margin
-0.0%5
Cash Flow Index
4.7/ 100
Risk Profile
Weight: 20%
DSCR
1.0027
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo57
Risk Index
34.1/ 100

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

Comparables

Properties near 960 Teron Road S 102

Time

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Data last updated within the past 24 hours.