296 Riverdale Avenue, Glebe - Ottawa East and Area

$1,398,000
296 Riverdale Avenue

$1,398,000

New
51d
Semi-Detached 3-Storey

296 Riverdale Avenue, Glebe - Ottawa East and Area

Total Monthly Obligation $6,803

Beds
3
Baths
3
Park
1
Sqft
2000-2500
DOM
51d
Score
16
Yield
4.2%
Cash on Cash
-6.1%
Cap Rate
3.3%
5Y IRR
10.7%
10Y IRR
10.8%
Property Type-Semi-Detached
MLS® Number-X13736726
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-29.2 ft (front)
Listed on site-Sep 2, 2026
Style-3-Storey
Building Type-Semi-Detached
Taxes-$9,465 (2026)
Parking-2 - Attached
Basement-None
Heating-Forced Air (Gas)
Brokerage-FIRST CHOICE REALTY ONTARIO LTD.
Cooling-Central Air
Laundry-No
Fireplace-Living Room
Pool-None
Facing-North
Exterior-Brick
Roof-Membrane
Foundation-Slab
Sewer-Sewer
Possession-TBA
Neighbourhood-4403 - Old Ottawa South
Title-Residential Freehold

No agent assigned

WOW !!! Exceptional Opportunity at an Exceptional Price ( New Build 2023 ) in Old Ottawa South - Modern, Unique & Move-In Ready. Welcome to a beautifully designed and meticulously maintained home in the heart of Old Ottawa South, offering a rare blend of architectural character, functionality, and low-maintenance living. Thoughtfully laid out across multiple levels, this home is ideal for professionals, couples, or families with older children seeking both privacy and flexibility.The intelligently designed floor plan provides distinct living zones on each level, creating the perfect balance between open-concept entertaining and private retreat spaces. The main living area is bright and inviting, seamlessly connecting the living room, dining space, and kitchen - ideal for hosting or everyday living.The upper-level primary suite offers a quiet and private escape, while the additional bedrooms on separate levels provide versatility for guests, home offices, or growing families who value personal space.The fully landscaped backyard features an expansive deck, offering a stylish and low-maintenance outdoor lifestyle - perfect for relaxing or entertaining without the upkeep of traditional lawn care.Located on a desirable street just steps from parks, schools, the Rideau River, and all the amenities that make Old Ottawa South one of the city's most sought-after neighbourhoods.A rare opportunity for discerning buyers looking for a home that stands apart from the ordinary.

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

Closing Costs

Mortgage Amount
$1,118,400
Land Transfer Taxes$24,435
Legal Fees (Est.)
$
Total cash required for closing$305,535

Total Monthly Obligation

$6,803/mo
Mortgage $5,639
Monthly Loss $5,319
Principal$1,484
Interest$4,155
Property Tax$789
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%16
Cash-on-Cash
-9.7%1
5-Year IRR
8.0%23
10-Year IRR
9.0%
Returns Index
12.7/ 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
$58,320/yr
NOI
$38,523/yr
Net Cash Flow
-$2,429/mo
Cash Margin
-50.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo22
Risk Index
15.5/ 100

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

Comparables

Properties near 296 Riverdale Avenue

Time

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