2627 Norberry Crescent, Billings Bridge - Riverside Park and Area

$599,000
2627 Norberry Crescent

$599,000

Price Change
42d
DetachedBungalow

2627 Norberry Crescent, Billings Bridge - Riverside Park and Area

Total Monthly Obligation $3,223

Beds
2
Baths
1
Park
4
Sqft
1100-1500
DOM
42d
Score
22
Yield
5.9%
Cash on Cash
0.3%
Cap Rate
4.6%
5Y IRR
15.8%
10Y IRR
14.8%
Property Type-Detached
MLS® Number-X13773326
Beds-2
Bathrooms-1
Size-1100-1500 sqft
Lot Size-53 × 94.6 ft
Listed on site-Sep 11, 2026
Style-Bungalow
Building Type-Detached
Taxes-$5,177.47 (2026)
Parking-5 - Carport
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-East
Exterior-Brick, Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-4604 - Mooneys Bay/Riverside Park
Title-Residential Freehold

No agent assigned

Welcome to this charming detached bungalow nestled in a family-oriented neighbourhood, offering an ideal combination of space, location and versatility. With a spacious layout, hardwood floors and large, bright windows, this home feels warm, inviting and filled with natural light. The two-bedroom layout includes a generously sized, spa-like bathroom, creating a comfortable retreat for everyday living. Outside, enjoy a generous lot and great outdoor space, complete with a newer composite deck designed for easy, low-maintenance enjoyment. The unfinished lower level was previously used as an in-law suite and offers excellent potential to create additional living space, a secondary suite or a customized area to suit your needs. An excellent opportunity for first-time buyers, downsizers or investors alike. Ideally located close to Mooney's Bay, Carleton University, Ottawa Airport and downtown, with easy access to public transportation, shopping, bike trails and an abundance of amenities. A fantastic opportunity in a convenient and well-connected location! Updates include Roof/Soffit/Eavestrough 2018, Deck 2019, Front landscaping/Gardens 2022.

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

Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,223/mo
Mortgage $2,416
Monthly Loss $2,587
Principal$636
Interest$1,780
Property Tax$431
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.2%2
5-Year IRR
11.6%47
10-Year IRR
11.9%
Returns Index
24.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$35,544/yr
NOI
$22,312/yr
Net Cash Flow
-$557/mo
Cash Margin
-18.8%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7713
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
26.8/ 100

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

Comparables

Properties near 2627 Norberry Crescent

Time

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