For Sale

242 Castlefrank Road, Kanata, Ontario K2L 1T5

$699,900

242 Castlefrank Road, Kanata, Ontario K2L 1T5 is For Sale and has a listing price of 699,900. The property is located in the Glen Cairn - Kanata South Business Park neighbourhood . It's been on the website for 54 Days.

  • Duplex
    Property Type
  • 4
    Bedrooms
  • 2
    Bathrooms
  • MLS ID: X12514224
  • Office Name RE/MAX HALLMARK REALTY GROUP
Property 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 & 2023). 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
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: X12514224
  • Price: $699,900
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 100
  • Ref ID: X12514224
  • Approx Sqft: 700-1100
  • Dir / Cross St: Terry Fox & Castlefrank
  • Status: Active
  • Tax Year: 2025
  • Property Type: Duplex
  • Property Sub Category: Duplex
Price History
List Date MLS ID List Price Status End Date Closed Price
11/05/2025 X12513778 $699,900 For Sale - -
11/05/2025 X12514224 $699,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Glen Cairn - Kanata South Business Park
  • $649,362 Average List Price
    based on 1 year
  • 48 New Listings
    based on 30 days
  • 28 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.47 % Up
  • Sold (12mo) 109
  • Rented (12mo) 51

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -
Walkscore
Additional Details
  • Heat Type Radiant
  • Heat Source Gas
  • Style Bungalow-raised
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: 3
  • Exterior Brick
  • Kitchen 2
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 2: 1
  • Taxes: $3,252
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 05/11/2025 20:49:34
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