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.
Great Location and tons of Potential! Opportunity knocks at 1864 Lenester Ave, a spacious 3-bedroom, 2-bathroom semi-detached home in an outstanding location at the edge of Glabar Park. From the moment you walk in, you'll appreciate the generous room sizes and practical layout - there's over 1900 square feet of living space in this semi! The main level offers comfortable living and dining spaces with plenty of room to relax, entertain, and enjoy time with family and friends. The kitchen is functional as is, while also offering an opportunity to update and make it your own over time. Upstairs you'll find 2 large bedrooms, including the Primary with its own balcony - the 3rd bedroom is situated on the "in between" level with access to a 3 piece bath. The finished basement gives you even more room to spread out and could easily become a family room, playroom, media space, home gym, office, or hobby area. Plus, there's an extra large Furnace Room/Storage area. You'll definitely want to update this home, but that's also what makes it such an exciting opportunity. You can move in, make improvements at your own pace, and add your own personal style along the way. The spacious layout gives you a great foundation to work with. Outside, the fenced backyard is ready to be enjoyed. There's room for children and pets to play, space for gardening, and plenty of potential for summer dinners or relaxing outdoors with friends and family. And the location is hard to beat...you'll be close to parks, schools, shopping, restaurants, and everyday conveniences. And the easy access to Highway 417 makes getting around Ottawa a breeze, whether you're commuting downtown, heading west, or connecting to other parts of the city. For commuters, this convenient highway access is a real advantage.With its large rooms, finished basement, fenced backyard, and excellent location, 1864 Lenester Ave is a wonderful opportunity to create a comfortable home in a well-connected Ottawa neighbourhood.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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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$2,600/mo
Mortgage (principal + interest)$2,244
Property taxFrom listing: $4,270/yr$356
Minimum $34,990 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$119,980
Ontario land transfer taxProvincial brackets, no first-time refund$8,473
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$131,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. McKellar Heights - Glabar Park 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.
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