1396 Micmac Street, Alta Vista and Area

$899,000
1396 Micmac Street

$899,000

Price Change
45d
Detached2-Storey

1396 Micmac Street, Alta Vista and Area

Total Monthly Obligation $4,495

Beds
3
Baths
3
Park
1
Sqft
1100-1500
DOM
45d
Score
17
Yield
4.4%
Cash on Cash
-5.2%
Cap Rate
3.5%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Detached
MLS® Number-X13753808
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-50 × 94.91 ft
Listed on site-Sep 8, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,929 (2025)
Parking-3 - Carport
Basement-Finished, Full
Heating-Radiant (Gas)
Brokerage-ENGEL & VOLKERS OTTAWA
Cooling-Wall Unit(s)
Laundry-No
Fireplace-Wood
Pool-Inground
Facing-South
Exterior-Stone, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-3605 - Alta Vista
Title-Residential Freehold

No agent assigned

A house with a story of care. 1396 Micmac street have been in multiple generations of the same family since it was built. 75 years of meticulous care and love has been shown to this home. Sitting on a block long street in a walkable part of Alta vista, we welcome you. A major Oakwood renovation was completed in 2013 adding a front porch to enjoy the birds and flowers and with a morning coffee. The renovation also added an 2 car carport and a full sized foyer including a powder room. This 3 bedroom, 3 bathroom, 2 storey home has too many upgrades to list. Not only have the kitchen and bathrooms been updated but the roof and boiler are all recent as well. The main floor has good sized rooms and a functional layout plus the basement has been finished with a wood burning stove, perfect for the cozy winter nights. This property's back yard is so inviting. The clever use of space allows for a pool whilst still having a vegetable garden, flowers garden, grassy lawn and a spacious deck. The tiered deck has enough room for multiple dining and lounge areas. The screened in porch is the perfect spot to enjoy and dinner through 3 seasons. The tinted Weather Walls are perfect to enjoy the outdoors with out bugs or the beating sun.

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

Closing Costs

Mortgage Amount
$719,200
Land Transfer Taxes$14,455
Legal Fees (Est.)
$
Total cash required for closing$195,755

Total Monthly Obligation

$4,495/mo
Mortgage $3,626
Monthly Loss $3,541
Principal$954
Interest$2,672
Property Tax$494
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.4%1
5-Year IRR
8.2%24
10-Year IRR
9.2%
Returns Index
13.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$39,696/yr
NOI
$25,297/yr
Net Cash Flow
-$1,518/mo
Cash Margin
-45.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo34
Risk Index
19.4/ 100

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

Comparables

Properties near 1396 Micmac Street

Time

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