47 Odonovan Drive, Carleton Place

$649,900
47 Odonovan Drive

$649,900

New
14d
Att/Row/Townhouse2-Storey

47 Odonovan Drive, Carleton Place

Total Monthly Obligation $3,390

Beds
3
Baths
4
Park
2
Sqft
1500-2000
DOM
14d
Score
19
Yield
5.0%
Cash on Cash
-3.2%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.6%
Property Type-Att/Row/Townhouse
MLS® Number-X13883020
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-25.07 × 119.95 ft
Listed on site-Oct 9, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-0-5
Taxes-$4,718.77 (2026)
Parking-3 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-REMAX BOARDWALK REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Stone, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-60-90 Days
Neighbourhood-909 - Carleton Place
Title-Residential Freehold

No agent assigned

This stunning 3 bedroom 4 bathroom end-unit townhome boasts approximately 1900sq ft of sun-filled living space. A bright and open foyer welcomes you into the home. The main floor features a powder room, dining room, kitchen, and living room. The kitchen features high-end appliances, quartz countertops, a custom hood vent, and tons of storage. Upstairs you will find a bonus living space perfect for a family room, office, playroom, etc. The primary bedroom features a large walk-in closet and ensuite with beautiful sage green cabinets, tons of counter space, and a large walk-in shower. Upstairs you will also find two more good sized bedrooms, another full bathroom, and laundry room. The floor to ceiling windows along the stairs fill the main floor and basement with natural light. The basement includes a finished rec space, another full bathroom, plus tons of storage. The home has no rear neighbours and backs onto the high school track field. Prime location steps to the Riverside Park and docks, boat launch, trails, and minutes to all of Carleton Place's many amenities.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$519,920
Land Transfer Taxes$9,473
Legal Fees (Est.)
$
Total cash required for closing$140,953

Total Monthly Obligation

$3,390/mo
Mortgage $2,622
Monthly Loss $2,700
Principal$690
Interest$1,932
Property Tax$393
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.2%1
5-Year IRR
9.2%30
10-Year IRR
10.0%
Returns Index
16.3/ 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
$32,532/yr
NOI
$20,060/yr
Net Cash Flow
-$950/mo
Cash Margin
-35.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
24.3/ 100

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

Comparables

Properties near 47 Odonovan Drive

Time

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