Home with brick exterior material, street for 242 Castlefrank Rd, Kanata Ontario K2L 1T5

242 Castlefrank Rd, Kanata, Ontario K2L 1T5

Townhouse
2 + 2
2
~700-1100 sqft
$699,900
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Townhouse
2 + 2
2
~700-1100 sqft

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Highlights

Property Estimate

Estimated valueNot available

Price/Sqft$818/sqft

Monthly cost

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CMA Subject Property

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+6

Properties sold*

$624K

Median sold price*

*Based on last 30 days

Description

Welcome to 242 Castlefrank Road - a FULLY-RENOVATED, turnkey property offering exceptional flexibility as a smart investment or ideal live-in-and-rent opportunity. This home with a LEGAL SECONDARY DWELLING UNIT (SDU) has been renovated top to bottom, featuring two bright and stylish two-bedroom units, each with its own entrance, in-suite laundry and modern finishes throughout. Both suites offer spacious layouts with contemporary white kitchens, quartz countertops, and luxury vinyl plank flooring and the lower unit has large windows that give the unit a bright feel. UPDATES INCLUDE: kitchens, bathrooms, heating system, plumbing, electrical, and more (2021). With separate hydro meters, an efficient gas boiler system, and professional property management already in place, this is truly a low-maintenance, TURNKEY investment. GROSS INCOME: $50,088, Expenses $6,108 (approx.) NET $43,980 (approx). Perfect for investors or buyers looking to offset their mortgage with rental income.


Property Details

StyleBungalow-Raised
View-
Age of property-
SqFt~700-1100 SqFt
Lot Size3,500 SqFt(100 x 35)
Parking Spaces3
MLS ®NumberX12514224
Community NameGlen Cairn - Kanata South Business Park
Data SourceTRREB
Listing byRE/MAX HALLMARK REALTY GROUP

Features

Heating: Radiant
Basement: Apartment, Full

Lower Floor

Living

3.51 x 3.38

Kitchen

3.78 x 2.84

Dining

2.54 x 2.18

Primary

3.71 x 2.79


Features

Lot size: 3,500 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Market Data - Glen Cairn - Kanata South Business Park

Geo Zone Map ThumbnailGlen Cairn - Kanata South Business Park

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

43 days

Compared to

2024

23 days

2023

23 days

2022

34 days

New Listings

Past 30 days

13 listings

Compared to

2024

15 listings

2023

8 listings

2022

10 listings

Units sold

Past 30 days

4 units

Compared to

2024

6 units

2023

9 units

2022

4 units

Median Sold Price

Past 30 days

$607,450

Compared to

2024

$623,500

2023

$605,000

2022

$542,500


Population and Demographics

Overview

Total population 12108
Average household income $130,068

Age (%)

0 to 19
24%
20 to 34
20%
35 to 49
22%
50 to 64
19%
65 and plus
16%

Household composition (%)

Single family
75%
Single person
20%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
77%
French
7%
Arabic
3%
Others
2%
Spanish
2%
English and French
2%
Mandarin
2%
Russian
1%
Urdu
1%

House tenancy (%)

Owners
82%
Renters
18%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget