322 Lysander Place, Manor Park - Cardinal Glen and Area

$1,199,000
322 Lysander Place

$1,199,000

New
15d
Detached2-Storey

322 Lysander Place, Manor Park - Cardinal Glen and Area

Total Monthly Obligation $5,940

Beds
3
Baths
3
Park
2
Sqft
2000-2500
DOM
15d
Score
19
Yield
5.2%
Cash on Cash
-1.7%
Cap Rate
4.2%
5Y IRR
14.2%
10Y IRR
13.5%
Property Type-Detached
MLS® Number-X13877780
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-9.5 × 30 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Detached
Taxes-$8,737 (2025)
Parking-4 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-HOME RUN REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-3104 - CFB Rockcliffe and Area
Title-Residential Freehold

No agent assigned

Welcome to 322 Lysander Place, a masterpiece of modern luxury crafted by Uniform Developments, widely recognized as Ottawa's premier high-end builder. Nestled within Wateridge Village, one of the city's most prestigious, award-winning communities, this rare-to-find 2-garage detached home seamlessly showcases Uniform's signature superior craftsmanship, sophisticated design, and premium functional upgrades. Location is everything. Enjoy an effortless commute to downtown Ottawa and the University of Ottawa, just 20 minutes away, while the two most renowned private schools, Ashbury College and Elmwood School, are both approximately a 10-minute drive from your front door. Inside, no expense has been spared on high-end upgrades. The heart of the home is a chef's dream kitchen, fully equipped with top-of-the-line JENN-AIR appliances, premium quartz countertops, and abundant storage. Smart and premium features are found throughout, including a dedicated EV charger in the spacious double-car garage and specialized UV+ infrared protection film on the windows to enhance energy efficiency and comfort. The bright and airy layout features an exceptional basement with rare 9-foot ceilings and oversized egress windows that flood the space with natural light. Upstairs, the master retreat serves as a private sanctuary, complete with a massive walk-in closet and a spa-like ensuite featuring double sinks, a freestanding tub, and an oversized shower. Two additional generously sized bedrooms-each boasting its own walk-in closet-and a convenient second-floor laundry room complete the upper level. Do not miss the opportunity to experience refined, executive living in a home built by the best, in this vibrant, family-oriented neighbourhood-schedule your private visit today!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$959,200
Land Transfer Taxes$20,455
Legal Fees (Est.)
$
Total cash required for closing$261,755

Total Monthly Obligation

$5,940/mo
Mortgage $4,836
Monthly Loss $4,667
Principal$1,273
Interest$3,564
Property Tax$728
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.8%2
5-Year IRR
11.1%43
10-Year IRR
11.4%
Returns Index
22.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$62,700/yr
NOI
$43,193/yr
Net Cash Flow
-$1,237/mo
Cash Margin
-23.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7412
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
18.2/ 100

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

Comparables

Properties near 322 Lysander Place

Time

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