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.
Beautiful three-storey executive townhome in sought-after Old Ottawa East, just steps from the Rideau Canal. Featuring hardwood flooring throughout, 9-ft ceilings on the first and main levels, and abundant natural light. The updated gourmet kitchen offers custom cabinetry, granite countertops, stainless steel appliances, a centre island, and access to a private balcony with natural gas BBQ hookup. The spacious living room features a gas fireplace and oversized bay window overlooking the park, complemented by a generous formal dining area. The lower level includes a welcoming foyer, 2-piece powder room, and family room with access to a fully fenced backyard and patio. The upper level offers two spacious bedrooms and two full bathrooms. The primary suite features a walk-in closet and updated 3-piece ensuite with oversized custom walk-in shower. The second bedroom boasts double closets and backyard views. Enjoy an exceptional location within walking distance of downtown, the Rideau Canal, and local shopping, with easy access to major highways. A wonderful opportunity to enjoy executive living in a prime location! Monthly Fee of $390 includes snow removal, driveway garbage pick up and lawn maintenance.
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Estimated Rental Income
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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$4,425/mo
Mortgage (principal + interest)$3,722
Property taxFrom listing: $8,434/yr$703
Minimum $74,500 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$199,000
Ontario land transfer taxProvincial brackets, no first-time refund$16,375
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$218,175
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Glebe - Ottawa East 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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