Homula Realty Brokerage
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1440 Heron Road 403, Hunt Club - South Keys and Area, ON K1V 0X2

1 bed · 1 bath · 1 kitchen · 4 rooms · 1 parking space · 500-599 sq ft · Condo Apartment
$189,900

Utilities includedWater

Also includedCommon Elements · Building Insurance · Parking

Maintenance fee
$555 / month
Property tax
$1,736 / year
Included in the fee
Common Elements, Building Insurance, Water, Parking

Beautiful Turn key Condo. Very well maintained with several upgrades. Enjoy the functional kitchen with dark wood & glass cabinet doors, modern backsplash, Ceiling pot lights, Stylish black appliances, kitchen island open to the living room. Cozy living room with hardwood floor and walk out balcony. Patio doors offer beautiful sunset views. Spacious bedroom with hardwood floors, 4 piece updated bathroom and In-Suite laundry complete this lovely condo. The building offers an indoor salt water pool and hot tub to enjoy year round. A secure entry system provides peace of mind. The building is located close to several amenities. Heron gate Square is a short distance away. Easy access to public transportation. Steps to bike and hiking trails, parks and close to NCC. Do not miss this opportunity. Additional photos will be posted Sept.11. Book your showing today.

MLS number
X13768004
Type
Condo Apartment
Status
Active
Bedrooms
1
Bathrooms
1
Postal code
K1V 0X2
Photos
1
Included in the fee
Common Elements, Building Insurance, Water, Parking
1days · this listing
1days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
École élémentaire publique Marie-Curie
CÉP de l'Est de l'Ontario
Elementary140 m5.8 / 10
58% met the standard
St Patrick's Intermediate School
Ottawa CSB
Elementary234 mNot reported
St Patrick's High School
Ottawa CSB
Secondary422 m5.5 / 10
55% met the standard · 2 of 6 measures
Ridgemont High School
Ottawa-Carleton DSB
Secondary504 m4.4 / 10
44% met the standard · 2 of 6 measures
Charles H. Hulse Public School
Ottawa-Carleton DSB
Elementary625 m4.3 / 10
43% met the standard
École élémentaire catholique Marius-Barbeau
CSDC du Centre-Est de l'Ontario
Elementary831 m7.3 / 10
73% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

The market around this home

Condo Apartments in Hunt Club - South Keys and Area105 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$187k$270k$353k20252026this home’s asking price
$270klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d25d52d20252026
42dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among condo apartments in hunt club - south keys and area. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 2,485 people.

$57,600Median household income
15.1%Own their home
0%Detached houses
29.2Median age
55.5%Born outside Canada
17.6%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35060899 — the few blocks around this address, home to 2,485 people. It describes the area, not this property.

2,485Population
32Average age
2.7Household size
$65,000Average household income
$57,600Median household income
15%Own their home
85%Rent
22%Condominiums
56%Born outside Canada
18%University degree
$228,000Average home value
29%Low income
72%Not in the labour force
48%Never married
Under $5,0002%
$5,000 to $9,999<1%
$10,000 to $14,9992%
$15,000 to $19,9993%
$20,000 to $24,9995%
$25,000 to $29,9994%
$30,000 to $34,9994%
$35,000 to $39,9994%
$40,000 to $44,9995%
$45,000 to $49,9994%
$50,000 to $59,99910%
$60,000 to $69,9998%
$70,000 to $79,9998%
$80,000 to $89,9996%
$90,000 to $99,9995%
$100,000 and over14%
$100,000 to $124,9998%
$125,000 to $149,9993%
$150,000 to $199,9992%
$200,000 and over1%

Percentages are of the 1,045 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$37,980 · minimum here is $9,495
$840.84per month
Borrowed before insurance$151,920
Total borrowed$151,920
Interest over 25 years at 4.5%$100,331

If you rented it out

Monthly rent starts from the median of recent 1-bedroom leases in Hunt Club - South Keys and Area. Change it to anything you like.

$359.50per month left over
Rent$1,900.00
Everything it costs to hold$1,540.50
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What this building rents and sells for

Closed transactions at 1440 Heron over the last 24 months — not estimates.

SizeMedian rentMedian priceGross yieldBased on
2 bed$2,075/mo$242,50010.3%10 leases · 11 sales
All sizes$2,075/mo$236,25010.5%10 leases · 12 sales
How this is calculated

Every figure is a transaction that actually closed in this building, taken from the board’s records over the last 24 months. Rents and prices are medians, not averages, so a single penthouse sale does not distort the picture. Rows appear only where there were at least 3 leases and 3 sales of that size.

Rent and price are matched by bedroom count on purpose. Dividing a one-bedroom’s rent by a three-bedroom’s price would produce a yield for a home that does not exist.

This is a gross yield. Annual rent divided by price, with nothing deducted — no condo fees, property tax, insurance, vacancy, maintenance or financing. A net figure would depend on assumptions particular to a buyer, and inventing those on your behalf would make the number look more precise than it is. Expect the net return to be materially lower.

Source: closed transactions reported to the Toronto Regional Real Estate Board.

Listed by ROYAL LEPAGE PERFORMANCE REALTY. Listing data provided by the Toronto Regional Real Estate Board.