51 Morton Drive, Kanata

$504,900
51 Morton Drive

$504,900

New
2d
Semi-Detached Bungalow

51 Morton Drive, Kanata

Total Monthly Obligation $2,712

Beds
3
Baths
1
Park
3
Sqft
700-1100
DOM
2d
Score
20
Yield
5.2%
Cash on Cash
-2.4%
Cap Rate
4.1%
5Y IRR
13.6%
10Y IRR
13.1%
Property Type-Semi-Detached
MLS® Number-X14102316
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-19.86 × 92 ft
Listed on site-Oct 21, 2026
Style-Bungalow
Building Type-Semi-Detached
Taxes-$3,600 (2026)
Parking-3 - None
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-ENGEL & VOLKERS OTTAWA
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Above Ground
Facing-North
Exterior-Vinyl Siding, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-9003 - Kanata - Glencairn/Hazeldean
Title-Residential Freehold

No agent assigned

EXCEPTIONAL VALUE! Welcome to this charming, beautifully maintained semi-detached bungalow, lovingly cherished by the same family for over three decades. Situated on a quiet crescent, surrounded by mature trees, this move-in-ready home is ideal for first-time buyers, downsizers, or investors. Enjoy convenient access to parks, nature trails, shopping, and Canadian Tire Centre.The renovated kitchen (2025) features ample cabinetry, upgraded countertops, and a stylish backsplash. The spacious eat-in kitchen flows into a bright dining area, perfect for family meals and entertaining. The sun-filled living room offers a warm, inviting space to relax. The primary bedroom overlooks the peaceful backyard, while two additional bedrooms provide flexibility for family, guests, or a home office. A fully renovated four-piece bathroom completes the main level.The finished lower level offers a generous recreation room and separate play or games area, ideal for movie nights, hobbies, or a home gym.Step outside to your private backyard retreat! The oversized lot features a heated above-ground pool (2023), hot tub (2023), and spacious patio for outdoor dining and entertaining. Beautiful trees and a large grassy area create a lovely setting with plenty of room for children, pets, or gardening.Enjoy comfortable living with numerous updates, including the roof (2021), air conditioning (2023), owned hot water tank (2023), eavestroughs (2023), front door (2023), front window (2023), electrical panel (2023), repaved driveway (2024), and renovated kitchen (2025). An exceptional opportunity to own a lovingly maintained home with wonderful outdoor living space in a peaceful, established neighbourhood!

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

Closing Costs

Mortgage Amount
$403,920
Land Transfer Taxes$6,573
Legal Fees (Est.)
$
Total cash required for closing$109,053

Total Monthly Obligation

$2,712/mo
Mortgage $2,037
Monthly Loss $2,176
Principal$536
Interest$1,501
Property Tax$300
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.1%1
5-Year IRR
9.3%31
10-Year IRR
10.1%
Returns Index
16.6/ 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
$26,400/yr
NOI
$15,660/yr
Net Cash Flow
-$732/mo
Cash Margin
-33.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo61
Risk Index
29.0/ 100

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

Comparables

Properties near 51 Morton Drive

Time

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