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Investment signal

$229,000

209 - 220 KENYON STREET W

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Beds

Baths

Sqft

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Year

—

Type

Single Family

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for North Glengarry. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Great investment opportunity with picturesque lake views! This lovely 2-bedroom condo offers comfortable, low-maintenance living in a well-maintained building. The unit was painted (2023) and features luxury vinyl plank flooring throughout the hallway, bedrooms, living and dining areas. Step out onto your private balcony and enjoy scenic views of Mill Pond and Alexandria Island Park. Residents can take advantage of the parklike common grounds, complete with a fire-pit and seating, community BBQs, and a shared dock - perfect for launching a kayak or canoe. Ideally located close to Glengarry Memorial Hospital, shops, restaurants, and the Via Rail train station. Currently tenanted at $1,654 per month plus hydro, with the lease in place until August 31, 2026, making this an excellent turnkey investment. (id:65958)

Subtype: Single Family
Structure: Apartment
Community: 719 - Alexandria
Common interest: Condo/Strata
Bedrooms: 2 above grade
Parking: 1 total
Condo/HOA fee: $305.52 monthly
Stories: 3
On market: Feb 2, 2026
Status changed: Apr 24, 2026
Annual tax: $1,443 (2025)
Photos: 15
MLS#: X12747368
Area: NORTH_GLENGARRY

Features and systems

Parking

No Garage

Basement

None

Appliances

RefrigeratorStoveWater Heater

Heating

Baseboard heatersElectric

Cooling

None

Exterior

Brick

Lot

BalconyLaundry- Coin operated

Community

Pets Allowed With Restrictions

View

Unobstructed Water View

Waterfront

Waterfront on pond

Fee includes

Common Area MaintenanceInsuranceParking

Positive cash flow ~$406/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

10.63%

Cap rate

6.99%

GRM

10.0

Break-even rent

$1,473

Financing

Down payment$45,800

Loan amount$183,200

Mortgage$928/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$105

Insurance$80

Maintenance$191

CapEx reserve$95

Vacancy loss$95

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $928/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.