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 an exceptional custom-built luxury estate nestled in the highly sought-after Lakewood Trails community, one of Ottawa's premier executive neighbourhoods, offering exclusive access to private lakes, community pool, fitness center. Designed with flexibility, comfort and investment value in mind, this remarkable residence offers approximately 6,600 sqft. of beautifully finished living space, ideal for large families, multigenerational living, professionals working from home or buyers seeking mortgage-supporting rental income.The impressive main residence spans over 3,350 sqft. and features 5 spacious bedrooms, office/library room, large foyer at the main entrance, 3.5 bathrooms, multiple walk-in closets, large laundry room, mudroom, walk-in pantry, hardwood and tile flooring and abundant natural light from oversized triple-glazed windows. The open-concept living area features a gas fireplace and spectacular 16-foot glass patio doors leading to an oversized cedar deck overlooking the private backyard. The primary suite offers a private retreat with an elegant electric fireplace. An additional 1,600 sq. ft. of finished lower-level living space includes a private walkout with heated snow-melt system, sauna, second family room / theatre room, kitchenette, full bathroom, 2 rooms, direct garage access and space for a future hot tub. A standout feature is the fully legal secondary dwelling unit, complete with its own civic address, private entrance, separate mechanical systems, dedicated air exchanger, and approximately 1,700 sqft. of finished living space. It includes 2 bedrooms, full bathroom, spacious kitchen, dining and living areas, laundry, ample storage and radiant in-floor heating throughout-offering outstanding rental income potential. Car enthusiasts and growing families will appreciate the heated quadruple garage. The professionally landscaped exterior features concrete walkways, irrigation, covered entrance and private backyard fire-pit.
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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$9,092/mo
Mortgage (principal + interest)$8,223
Property taxFrom listing: $10,431/yr$869
Minimum 20% ($439,600 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. 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$439,600
Ontario land transfer taxProvincial brackets, no first-time refund$41,425
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$483,825
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Greely - Metcalfe - Osgoode - Vernon 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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