1022 Chapman Mills Drive, Barrhaven

$449,990
1022 Chapman Mills Drive

$449,990

New
9d
Condo TownhouseStacked Townhouse

1022 Chapman Mills Drive, Barrhaven

Total Monthly Obligation $2,546

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
9d
Score
22
Yield
6.3%
Cash on Cash
-0.2%
Cap Rate
4.5%
5Y IRR
15.4%
10Y IRR
14.5%
Property Type-Condo Townhouse
MLS® Number-X14034656
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 14, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Taxes-$3,068 (2025)
Maintenance-$275/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Possession-Immediate
Neighbourhood-7704 - Barrhaven - Heritage Park
Title-Residential Condo & Other

No agent assigned

Welcome to modern, turn-key living in the heart of Barrhaven's highly coveted Promenade community with this stunning, 2023-built stacked townhome offering immediate vacant possession and a freshly painted interior from top to bottom. Benefiting from the peace of mind of an active Tarion Warranty, this premium-lot home features no front neighbors, tranquil park pond views, and a bright, open-concept main floor showcasing laminate flooring, a walkout balcony, and an upgraded kitchen equipped with premium quartz countertops, sleek cabinetry, and stainless steel appliances. The exceptionally functional layout includes three spacious bedrooms-highlighted by a primary retreat with its own private balcony-alongside two modern bathrooms and convenient upper-level laundry. Complete with one designated parking space, ample visitor parking, and access to on-site EV charging, this property is perfectly nestled in a quiet, family-friendly enclave within walking distance of schools, gyms, and Jock River trails, while remaining just three minutes from the extensive shopping, dining, and entertainment at Barrhaven Town Centre and RioCan Marketplace, complete with seamless access to Highway 416 for an effortless commute.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$359,992
Land Transfer Taxes$5,475
Legal Fees (Est.)
$
Total cash required for closing$96,973

Total Monthly Obligation

$2,546/mo
Mortgage $1,815
Monthly Loss $2,068
Principal$478
Interest$1,337
Property Tax$256
Condo Fees$275
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.3%2
5-Year IRR
11.5%47
10-Year IRR
11.9%
Returns Index
24.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$28,224/yr
NOI
$16,634/yr
Net Cash Flow
-$429/mo
Cash Margin
-18.2%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7613
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo65
Risk Index
31.8/ 100

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

Comparables

Properties near 1022 Chapman Mills Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.