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.
An affordable, worry-free way to get into the Ottawa market! This spacious 3 bedroom townhouse condo offers the opportunity to OWN for less than you may be paying to rent, making it an excellent choice for first time buyers, investors, or anyone looking for a low-maintenance home in a central location.The big-ticket items are already taken care of: the furnace, A/C and hot water tank have all been replaced within the last four years with high-efficiency equipment, while the condo corporation takes care of the roof, windows, doors and exterior. Vinyl flooring was also updated within the last five years, and the home features a working wood-burning fireplace for cozy evenings at home.The kitchen is dated but offers a functional layout and great potential for a stylish cosmetic refresh. Upstairs, you'll find three generously sized bedrooms with plenty of closet space.Outside, enjoy beautifully maintained and landscaped grounds, front and backyard space, maintained pathways, plenty of visitor parking, plus a carport with space for two vehicles. Condo fees are just $468/month - among the lowest in the neighbourhood..helping keep monthly ownership costs manageable.And the location is hard to beat! Approximately 15 minutes to downtown and conveniently located near Carleton University, shopping, grocery stores, restaurants, GoodLife Fitness, parks, hospitals, Highway 417, Walkley Road and St. Laurent.Move in now and update at your own pace. With the major mechanicals already updated, exterior maintenance taken care of and three full bedrooms in a central Ottawa location, this is a smart opportunity to stop renting and start building equity or add an affordable rental property to your portfolio.
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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$1,931/mo
Mortgage (principal + interest)$1,272
Property taxFrom listing: $2,281/yr$190
Condo feesFrom listing$469
Minimum $16,995 down for this price; the slider moves in whole percent, starting at 5%. 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$67,980
Ontario land transfer taxProvincial brackets, no first-time refund$3,574
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$74,354
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Hunt Club - South Keys 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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