61 McGibbon Drive, Kanata

$620,000
61 McGibbon Drive

$620,000

New
15d
Att/Row/Townhouse2-Storey

61 McGibbon Drive, Kanata

Total Monthly Obligation $3,163

Beds
3
Baths
3
Park
4
Sqft
1100-1500
DOM
15d
Score
20
Yield
5.0%
Cash on Cash
-2.3%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.2%
Property Type-Att/Row/Townhouse
MLS® Number-X13876392
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-29.4 × 110 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$3,448 (2026)
Parking-5 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-West
Exterior-Brick, Metal/Steel Siding
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-9002 - Kanata - Katimavik
Title-Residential Freehold

No agent assigned

Rare opportunity to own an end-unit townhouse located in a sought-after neighbourhood of Katimavik. Ideally located within walking distance to schools with many restaurants and shopping and parks nearby. Main level hardwood, eat-in kitchen with vinyl flooring, wood-burning fireplace in the family room and a separate dining room. Upstairs, new vinyl flooring (2024) master with ensuite flooring & painted (2026) and marble vanity and ceramic, additional 2 bedrooms and second full 4 piece bathroom. Above grade living is carpet free. The lower level includes a fully finished basement. A fenced private yard with large trees to the rear provides for great family outdoor entertainment. Recent upgrades include, new high efficiency furnace 2023, A/C 2023, additional attic insulation 2022, roof 2022. Front landscaping now allows for a total of 4 vehicles. 24hrs notice for showings, 24hrs irrevocable.

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

Closing Costs

Mortgage Amount
$496,000
Land Transfer Taxes$8,875
Legal Fees (Est.)
$
Total cash required for closing$134,375

Total Monthly Obligation

$3,163/mo
Mortgage $2,501
Monthly Loss $2,505
Principal$658
Interest$1,843
Property Tax$287
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.4%1
5-Year IRR
9.8%34
10-Year IRR
10.4%
Returns Index
18.2/ 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
$31,248/yr
NOI
$20,175/yr
Net Cash Flow
-$820/mo
Cash Margin
-31.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo51
Risk Index
26.0/ 100

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

Comparables

Properties near 61 McGibbon Drive

Time

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