3004 VICTORIA HEIGHTS Crescent, Blossom Park - Airport and Area

$589,900
3004 VICTORIA HEIGHTS Crescent

$589,900

New
61d
Detached Condo2-Storey

3004 VICTORIA HEIGHTS Crescent, Blossom Park - Airport and Area

Total Monthly Obligation $3,029

Beds
3
Baths
3
Park
2
Sqft
1400-1599
DOM
61d
Score
23
Yield
6.0%
Cash on Cash
1.2%
Cap Rate
4.8%
5Y IRR
16.5%
10Y IRR
15.4%
Property Type-Detached Condo
MLS® Number-X13705014
Beds-3
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Aug 23, 2026
Style-2-Storey
Building Type-Detached Condo
Taxes-$3,892 (2026)
Maintenance-$125/mo
Locker-None
Parking-3 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-COLDWELL BANKER FIRST OTTAWA REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-Yes
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-2606 - Blossom Park/Leitrim
Title-Residential Condo & Other

No agent assigned

A 3 bed, 2.5 bathroom detached home with finished basement for less than the price of a townhome! Ideally situated in Blossom Park close to schools, parks, transit, the airport and all amenities. The main floor features a fabulous kitchen with stainless steel appliances, breakfast nook and pass through window to the formal dining room. The living room offers a cozy fireplace and opens to the large, fenced rear yard. The second floor offers 3 large bedrooms and two full bathroom including a spacious primary suite with walk in closet and ensuite. Enjoy more great space in the finished basement offering a large versatile finished area plus storage. Updates include roof (2018) and windows (2020). An incredible opportunity to own a detached home in one of the City's prime neighborhoods for under $600,000! A monthly common fee of $125 applies for maintenance of common areas.

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%
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$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$471,920
Land Transfer Taxes$8,273
Legal Fees (Est.)
$
Total cash required for closing$127,753

Total Monthly Obligation

$3,029/mo
Mortgage $2,379
Monthly Loss $2,403
Principal$626
Interest$1,753
Property Tax$324
Condo Fees$125
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.1%28
Cash-on-Cash
-3.4%3
5-Year IRR
13.0%57
10-Year IRR
12.9%
Returns Index
29.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$35,568/yr
NOI
$24,219/yr
Net Cash Flow
-$361/mo
Cash Margin
-12.2%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.8517
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo53
Risk Index
29.3/ 100

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

Comparables

Properties near 3004 VICTORIA HEIGHTS Crescent

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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