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.
Rare opportunity to own in Ottawa Park South, one of Ottawa's fastest-transforming neighborhoods with exceptional long-term growth potential. Surrounded by ongoing redevelopment and benefiting from proximity to Mooney's Bay, transit, employment hubs, and urban amenities, this location is increasingly recognized as a future premier residential destination. Strong rental demand, excellent accessibility, and continued community investment make this an attractive option for both end users and savvy investors seeking appreciation potential.This spacious residence offers 5 bedrooms, a main-floor office, and den, providing exceptional flexibility for large families, multi-generational living, investors, or short-term rental operations. Currently operating as a successful Airbnb, the home generates strong income potential while maintaining future adaptability. The seller is open to restoring the original living room configuration prior to closing.Featuring three full bathrooms, abundant storage, a large functional kitchen, and a cozy gas fireplace, the home is designed for comfortable everyday living. The expansive finished basement offers excellent potential for recreation space, additional accommodation, or future secondary dwelling possibilities. Outside, the private fenced backyard creates an ideal setting for entertaining and family enjoyment.Whether you're looking to secure a family home in an emerging destination neighborhood or capitalize on the long-term growth potential of one of Ottawa's most strategically located communities, this property presents a rare opportunity to invest in the future of Ottawa Park South.
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Age Groups
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Owners vs Renters
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Household Type
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What’s NearbyDistances approximate
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Transit score information is not available for this listing.
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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$2,954/mo
Mortgage (principal + interest)$2,469
Property taxFrom listing: $5,827/yr$486
Minimum $40,990 down for this price; the slider moves in whole percent, starting at 7%. 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$131,980
Ontario land transfer taxProvincial brackets, no first-time refund$9,673
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$144,453
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Billings Bridge - Riverside 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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