242 Castlefrank Road, Kanata, ON
Property no longer active
This property was sold on January 21, 2026. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow-Raised semi-detached located in the coveted neighborhood of 9003 - Kanata - Glencairn/Hazeldean. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $699,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 35 x 100 ft lot
- Features a apartment, full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Separate Hydro Meter, In-Law Suite, Accessory Apartment
- Efficient radiant heating via gas
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.
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Property Summary
This detached home located at 242 Castlefrank Road, Kanata is currently for sale and has been available on SousaSells for 274 days. This property is listed at $699,900 with an estimated mortgage of $2,330* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 242 Castlefrank Road, Kanata is in the 9003 - Kanata - Glencairn/Hazeldean neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in 9003 - Kanata - Glencairn/Hazeldean, Kanata.
- •4 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •700-1100 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in 9003 - Kanata - Glencairn/Hazeldean, Kanata.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Separate Hydro Meter
- In-Law Suite
- Accessory Apartment
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 242 Castlefrank Road, Kanata, ON
Q.What is the asking price for 242 Castlefrank Road, Kanata, ON ?
The current listing price for 242 Castlefrank Road, Kanata, ON in 9003 - Kanata - Glencairn/Hazeldean, Kanata is $699,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 2 bathrooms across approximately 700-1100 sqft.
Q.What property type and architectural style is 242 Castlefrank Road, Kanata, ON ?
242 Castlefrank Road, Kanata, ON is a Semi-Detached (Bungalow-Raised) featuring a Apartment, Full, Finished basement.
Q.What interior features are included in this home?
Interior highlights include: Separate Hydro Meter, In-Law Suite, Accessory Apartment.
Q.Is parking available at this property?
Yes, this property offers parking space for 3.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 242 Castlefrank Road, Kanata, ON K2L 1T5
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kanata, ON
For a property listed at $699,900 in Kanata, the legal minimum down payment is $44,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $10,473 for this transaction. As this listing is in Kanata (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.