1340 Leaside Avenue, Carlington - Central Park

$769,900
1340 Leaside Avenue

$769,900

New
2d
DetachedBungalow

1340 Leaside Avenue, Carlington - Central Park

Total Monthly Obligation $3,875

Beds
3
Baths
2
Park
4
Sqft
1100-1500
DOM
2d
Score
19
Yield
5.0%
Cash on Cash
-2.4%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.1%
Property Type-Detached
MLS® Number-X14103302
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-50 × 111.91 ft
Listed on site-Oct 21, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,732.23 (2026)
Parking-4 - Detached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Brick, Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Concrete Block, Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-5301 - Carlington
Title-Residential Freehold

No agent assigned

Enjoy the amenities of Westboro and Wellington Village while tucked away on a quiet, tree-lined street in Carlington - the best of both worlds! This charming, updated 3-bedroom bungalow offers 1,245 sq. ft. above grade, blending original character with modern finishes. The bright main level features beautiful hardwood floors, spacious living and dining areas, a cozy brick fireplace and a renovated kitchen with quartz countertops, stainless steel appliances, white cabinetry and a striking turquoise backsplash, with access to the private backyard. Three sun-filled bedrooms and an updated full bathroom complete the main floor. The finished lower level offers excellent flexibility with a spacious recreation room, den, exercise space, updated three-piece bathroom and separate exterior entrance - ideal for extended family, guests or working from home. Notable improvements include Pella windows on main (2019), lower level windows (2022), roof shingles (2020), furnace (2016), newer heat pump and upgraded attic insulation. Enjoy a private backyard, generous driveway parking and detached garage with metal roof, ideal for storage or workshop use. Conveniently located near parks, transit, Highway 417, Algonquin College, Wellington Village, Westboro and the future Ottawa Hospital Civic Campus. A wonderful opportunity for buyers seeking character, versatility and convenient bungalow living in central Ottawa! Public Open House this Sunday October 25th, 2026 2:00 p.m.- 4:00 p.m.

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

Closing Costs

Mortgage Amount
$615,920
Land Transfer Taxes$11,873
Legal Fees (Est.)
$
Total cash required for closing$167,353

Total Monthly Obligation

$3,875/mo
Mortgage $3,106
Monthly Loss $3,058
Principal$817
Interest$2,288
Property Tax$394
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.1%1
5-Year IRR
10.1%36
10-Year IRR
10.6%
Returns Index
19.0/ 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
$38,688/yr
NOI
$25,587/yr
Net Cash Flow
-$973/mo
Cash Margin
-30.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
22.5/ 100

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

Comparables

Properties near 1340 Leaside Avenue

Time

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