2350 Georgina Drive, Britannia Heights - Queensway Terrace N and Area

$1,099,000
2350 Georgina Drive

$1,099,000

New
60d
DetachedSidesplit

2350 Georgina Drive, Britannia Heights - Queensway Terrace N and Area

Total Monthly Obligation $5,540

Beds
4
Baths
3
Park
4
Sqft
2000-2500
DOM
60d
Score
16
Yield
4.3%
Cash on Cash
-6.1%
Cap Rate
3.3%
5Y IRR
10.8%
10Y IRR
10.8%
Property Type-Detached
MLS® Number-X13707530
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-60.75 × 100 ft
Listed on site-Aug 24, 2026
Style-Sidesplit
Building Type-Detached
Taxes-$8,786 (2026)
Parking-4 - Attached
Basement-Finished, Partial Basement, Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX DELTA REALTY TEAM
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Inground
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-6204 - Whitehaven
Title-Residential Freehold

No agent assigned

Welcome to this expansive and beautifully updated 4-bedroom, 3-bathroom detached home in the desirable community of Britannia Heights in Queensway Terrace North. Offering an ideal blend of space, functionality and modern improvements, this centrally located property is minutes from parks, schools, transit, shopping and the Ottawa River.The thoughtfully redesigned main level features a bright, open-concept layout anchored by a fully renovated kitchen with modern finishes, generous workspace and a gas cooktop. The kitchen flows seamlessly into the spacious living and dining areas, creating an inviting setting for everyday living and entertaining.Upstairs, you will find generously sized bedrooms, including a spacious primary retreat with a private ensuite. The additional bedrooms offer flexibility for a growing family, guests or home-office space.The lower levels provide exceptional versatility with a large recreation room, additional living space and ample storage-ideal for multi-generational living, hobbies, a gym or future customization.Approximately $20,000 in qualifying energy-efficiency improvements were completed involving the attic, exterior doors, foundation and windows. Additional features include updated windows, a backyard deck completed in 2022, furnace approximately 2015, roof approximately 2010 and an attached garage with inside entry.Set on a generous lot in a mature neighbourhood, the private backyard offers plenty of space for summer entertaining and relaxing. A rare opportunity to own a spacious, upgraded home in one of Ottawa's most established and conveniently located communities.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$879,200
Land Transfer Taxes$18,455
Legal Fees (Est.)
$
Total cash required for closing$239,755

Total Monthly Obligation

$5,540/mo
Mortgage $4,433
Monthly Loss $4,374
Principal$1,167
Interest$3,267
Property Tax$732
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.0%1
5-Year IRR
7.8%22
10-Year IRR
8.9%
Returns Index
12.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$47,712/yr
NOI
$29,655/yr
Net Cash Flow
-$1,962/mo
Cash Margin
-49.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo27
Risk Index
17.0/ 100

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

Comparables

Properties near 2350 Georgina Drive

Time

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