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Investment signal

$453,540

223 CARPE STREET

Save this home

Beds

2

Baths

1

Sqft

Year

Type

Single Family

Suite

Investment signal

Location nearby

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

About this home

Beautiful new construction by Solico Homes, The Capucine Model. Discover this modern semi-detached bungalow designed for both comfort and efficiency. Offering 1,021 sq. ft. of living space, this home features a well-planned, open-concept layout that maximizes light and functionality. The 2 generously sized bedrooms provide flexibility for family, guests, or a home office. The spacious bathroom, complete with a separate shower, adds to the everyday convenience. The kitchen offers ample storage, making meal prep and organization effortless. You can also personalize your space with the optional cathedral ceiling, creating an even more airy and inviting atmosphere. Bright, affordable, and fully customizable, this bungalow is the perfect blend of modern design and practical living. Choose your finishings and make this home yours! Photos are of a similar model to showcase builder finishes. Duplex option is available on a new build. All applicable credits have already been applied to the listed prices. The builder has directly applied the credit based on the information currently available under the new government program. Should the government modify the process and require the credit to be claimed directly by the buyer, the price will be adjusted accordingly. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
604 - Casselman
Common interest
Freehold
Lot dimensions
39.7 x 105 FT
Bedrooms
2 above grade
Parking
1 total
Stories
1
On market
Apr 27, 2026
Status changed
Apr 27, 2026
Annual tax
$0
Photos
16
MLS#
X13047048
Area
CASSELMAN

Features and systems

Parking

No Garage

Basement

None

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

BrickVinyl siding

Foundation

Poured Concrete
Negative cash flow ~$532/mo at these assumptions

Cash on cash

-7.04%

Cap rate

3.46%

GRM

16.6

Break-even rent

$2,835

Financing

Down payment$90,708
Loan amount$362,832
Mortgage$1,838/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$208
Insurance$80
Maintenance$378
CapEx reserve$189
Vacancy loss$114

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 $1,838/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 27, 2026.

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