The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Welcome to 1304 Morrison Drive in the established, family friendly Qualicum-Redwood community. With parks close to home and Bruce Pit just minutes away, it's a location that makes it easy to get outside, while keeping transit and downtown Ottawa within reach. Inside, the main level feels open and inviting. The renovated kitchen has white cabinetry, updated countertops and appliances, and a breakfast bar for a quick meal or morning coffee. There's also a separate dining area, while the living room brings everyone together around the fireplace. Large windows look onto the private backyard, where a deck, mature greenery and a fully fenced lawn create space to relax or entertain. All four bedrooms are upstairs, with room to use one as an office if needed. The basement was renovated in 2026 and adds another living area and a full bathroom. With 2.5 bathrooms in total, plus a new furnace and hot water tank, the home pairs a practical layout with substantial updates. Downtown Ottawa is approximately a 13-minute drive away.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,347/mo
Mortgage (principal + interest)$1,964
Property taxFrom listing: $4,600/yr$383
Minimum $27,490 down for this price; the slider moves in whole percent, starting at 6%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$104,980
Ontario land transfer taxProvincial brackets, no first-time refund$6,973
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$114,753
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Parkway Park - Queensway Terrace S and Area has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
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