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.
Set on Meadow Glade Gardens in Ottawa, this detached freehold home offers 3 bedrooms, 2.5 bathrooms, and 4 parking spaces on a generous lot. The main floor is arranged for everyday use, with a formal living room, a formal dining area, and a sunken family room centred by a gas fireplace. Main-floor laundry adds convenience and keeps household routines close at hand. The kitchen features original cabinetry, laminate counters, and included fridge and stove, with a functional layout that can work well as-is or as a future project. Interior flooring includes hardwood, tile, and carpet, and 8-foot ceilings are noted on the main level. The home is in great overall condition, offering buyers a clear view of a property that has been lived in and maintained over time. Outside, the private backyard includes a patio and mature cedar hedging on 3 sides, creating a more enclosed outdoor setting. Brick and vinyl siding, along with windows noted at approximately 1999 and a roof noted at approximately 2015, give the exterior a practical profile. An attached double garage and driveway parking provide everyday convenience for vehicles and storage. The unfinished basement adds additional space for storage or future planning, while gas forced-air heating and central cooling support year-round comfort. With a familiar, functional plan and a generous presence on the street, this Ottawa home offers a comfortable setting with room to settle in. The home's separate living areas, from the formal rooms to the sunken family room, make it easy to balance entertaining with quieter day-to-day moments. The private backyard and patio extend the living space outdoors, giving the main floor an easy connection to a sheltered place for casual time outside. The unfinished basement and practical main-floor layout leave buyers with useful space and a straightforward starting point for future ideas.
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Estimated Rental Income
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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$3,679/mo
Mortgage (principal + interest)$3,179
Property taxFrom listing: $6,000/yr$500
Minimum $59,990 down for this price; the slider moves in whole percent, starting at 8%. 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$169,980
Ontario land transfer taxProvincial brackets, no first-time refund$13,473
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$186,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. South of Baseline to Knoxdale 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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