6 Solva Drive, Crystal Bay - Rocky Point - Bayshore

$624,900
6 Solva Drive

$624,900

New
74d
DetachedBungalow

6 Solva Drive, Crystal Bay - Rocky Point - Bayshore

Total Monthly Obligation $3,329

Beds
3
Baths
1
Park
3
Sqft
1100-1500
DOM
74d
Score
20
Yield
5.6%
Cash on Cash
-1.1%
Cap Rate
4.3%
5Y IRR
14.7%
10Y IRR
13.9%
Property Type-Detached
MLS® Number-X13657514
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-75 × 100 ft
Listed on site-Aug 10, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$5,202.92 (2026)
Parking-4 - Carport
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-North
Exterior-Brick, Other
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-7002 - Crystal Beach
Title-Residential Freehold

No agent assigned

Tastefully updated bungalow on a premium 75' x 100' lot in sought-after Crystal Beach. Extensively remodelled in 2013, this home offers outstanding curb appeal, comfortable living, and exceptional potential. The bright main level features hardwood floors throughout, a spacious living room with a modern fireplace, three generous bedrooms, a beautifully updated bathroom with a granite double vanity, and an open-concept kitchen with granite countertops, stainless steel appliances, and quality finishes. Recent updates include a new furnace, hot water tank, washer and dryer, providing added peace of mind. Outside, enjoy a private backyard with a cedar deck, gas BBQ hookup, mature hedges, and a large storage shed-perfect for relaxing or entertaining. The partially finished lower level has plumbing, electrical, and framing already in place for a fourth bedroom, second full bathroom, office/den, and recreation area, offering the flexibility to create additional living space, the potential for a future secondary dwelling unit to generate rental income, or simply finish the space to suit your lifestyle. Whether you're purchasing your first home, accommodating a growing family, looking to enjoy the convenience of bungalow living, seeking a home with thoughtful updates and room to personalize, adding to your investment portfolio, exploring the potential for a future secondary dwelling unit to help offset your mortgage, or planning for future redevelopment, this property offers exceptional flexibility. The N2E-zoned 75' x 100' lot presents outstanding redevelopment potential, including the possibility of a six-unit residential building. Ideally located just minutes from the Ottawa River, Nepean Sailing Club, parks, schools, shopping, transit, the future LRT, and the DND campus, this is a rare opportunity to own an already beautiful home with exceptional long-term potential.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$499,920
Land Transfer Taxes$8,973
Legal Fees (Est.)
$
Total cash required for closing$135,453

Total Monthly Obligation

$3,329/mo
Mortgage $2,521
Monthly Loss $2,666
Principal$663
Interest$1,857
Property Tax$434
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.4%2
5-Year IRR
10.7%40
10-Year IRR
11.1%
Returns Index
21.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$34,896/yr
NOI
$21,703/yr
Net Cash Flow
-$712/mo
Cash Margin
-24.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
25.5/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 6 Solva Drive

Time

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