252 Cowley Avenue, Tunneys Pasture and Ottawa West

$929,900
252 Cowley Avenue

$929,900

Price Change
45d
Detached1 1/2 Storey

252 Cowley Avenue, Tunneys Pasture and Ottawa West

Total Monthly Obligation $4,672

Beds
2
Baths
2
Park
2
Sqft
1100-1500
DOM
45d
Score
15
Yield
3.6%
Cash on Cash
-9.2%
Cap Rate
2.6%
5Y IRR
8.3%
10Y IRR
9.0%
Property Type-Detached
MLS® Number-X13757184
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-50 × 134 ft
Listed on site-Sep 8, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$6,553 (2025)
Parking-3 - Detached
Basement-Partial Basement, Unfinished
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Wood
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-4301 - Ottawa West/Tunneys Pasture
Title-Residential Freehold

No agent assigned

Build in Champlain Park, zoned N3B[2159] under Ottawa's new Zoning By-law 2026-50. Frontage of 49.94 ft and depth of 133.82 ft gives 6,673.62 sq ft (0.153 acres). The Official Plan designates this an Evolving Neighbourhood, and City records place the property within a Major Transit Station Area. Roughly a ten minute walk to Tunney's Pasture station and the 49-hectare federal lands now moving toward redevelopment as a mixed-use community. Steps to the NCC riverfront pathways and Remic Rapids, minutes to Island Park Drive, Wellington West and Westboro. Downtown in under ten minutes. A rare fit for the small-scale builder working the new infill rules, the custom home buyer who wants a real rear yard on a 133 ft deep lot in a mature, tree-lined pocket, or the long-hold investor taking a position within walking distance of the largest redevelopment site in the inner city. Streets between Island Park and the river are tightly held and rarely trade.The existing 1935 dwelling is being sold for land value only.

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

Closing Costs

Mortgage Amount
$743,920
Land Transfer Taxes$15,073
Legal Fees (Est.)
$
Total cash required for closing$202,553

Total Monthly Obligation

$4,672/mo
Mortgage $3,751
Monthly Loss $3,685
Principal$987
Interest$2,764
Property Tax$546
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.1%0
5-Year IRR
5.4%12
10-Year IRR
7.0%
Returns Index
7.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$33,240/yr
NOI
$18,863/yr
Net Cash Flow
-$2,179/mo
Cash Margin
-78.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.423
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo32
Risk Index
18.0/ 100

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

Comparables

Properties near 252 Cowley Avenue

Time

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