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.
Much more than meets the eye, this bright bungalow offers a flexible layout, plenty of living space and excellent potential for multi-generational living or a future income suite. A separate side entrance, basement access from the main entry, an additional bedroom with an egress window, full bathroom with stand-up shower, large recreation room, built-in bar, laundry and storage provide a strong starting point for an in-law suite or future secondary dwelling unit, subject to the required approvals.The freshly painted main floor has neutral colours, laminate flooring throughout and large windows. The spacious eat-in kitchen offers updated cabinetry, generous counter space and a peninsula overlooking the dining area. There are three bedrooms and a full bathroom upstairs, including a third bedroom with direct access to the backyard.Outside, the private yard offers a multi-level deck, wrap-around patio space, mature trees and no rear neighbours. The heated in-ground pool is ready for next summer, while "The Penalty Box" adds a covered outdoor living area with a bar and room to watch the game. There is also a changing room, pool equipment storage and an additional shed. The carport is currently used as a covered sitting area but can easily be returned to parking.The Greenbelt and nearby walking trails are only minutes away, while three Highway 417 access points are within a five-minute drive. Train Yards, the Canada Science and Technology Museum, The Ottawa Hospital and Lynda Lane Park are all close by. Set on a quiet street lined with mature trees, this is the kind of place where neighbours get to know one another and friendships grow over time.
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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$2,571/mo
Mortgage (principal + interest)$2,226
Property taxFrom listing: $4,147/yr$346
Minimum $34,500 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$119,000
Ontario land transfer taxProvincial brackets, no first-time refund$8,375
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$130,175
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Elmvale Acres 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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