2418 Clementine Boulevard, Billings Bridge - Riverside Park and Area

$559,900
2418 Clementine Boulevard

$559,900

New
37d
Semi-Detached 2-Storey

2418 Clementine Boulevard, Billings Bridge - Riverside Park and Area

Total Monthly Obligation $2,949

Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
37d
Score
23
Yield
6.0%
Cash on Cash
1.4%
Cap Rate
4.9%
5Y IRR
16.7%
10Y IRR
15.5%
Property Type-Semi-Detached
MLS® Number-X13792078
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-30 × 100 ft
Listed on site-Sep 16, 2026
Style-2-Storey
Building Type-Semi-Detached
Taxes-$3,789.32 (2025)
Parking-3 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-PAUL RUSHFORTH REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-4602 - Heron Park
Title-Residential Freehold

No agent assigned

Location, lifestyle, and investment potential come together in this full-brick semi detached home just minutes from Carleton University, the O-Train, Transitway, Dow's Lake, and the Rideau Canal pathway network. Ideal for young families, first time buyers, or investors, this well maintained home offers 3 bedrooms and a full bathroom on the second level, with hardwood flooring throughout the upper floor. The bright and functional main level features a newly updated kitchen (2026) and new flooring on both the main and lower levels (2026), creating a fresh, move in ready feel. A separate side entrance provides access to the fully finished basement, complete with a full bathroom and shower, offering excellent flexibility for a recreation room, home office, guest space, or future in law potential. Outside, enjoy a fully fenced, oversized west facing backyard with a spacious deck perfect for entertaining, gardening, or relaxing in the afternoon sun. Major updates include furnace (2025), kitchen (2026), main and lower level flooring (2026), driveway (2020), and central air conditioning (2019). Conveniently located near schools, parks, transit, shopping, and recreation, this is an exceptional opportunity in one of Ottawa's most accessible and desirable central locations. Some photos have been virtually staged.

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

Closing Costs

Mortgage Amount
$447,920
Land Transfer Taxes$7,673
Legal Fees (Est.)
$
Total cash required for closing$121,153

Total Monthly Obligation

$2,949/mo
Mortgage $2,258
Monthly Loss $2,355
Principal$594
Interest$1,664
Property Tax$316
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.2%3
5-Year IRR
12.3%53
10-Year IRR
12.4%
Returns Index
27.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$33,672/yr
NOI
$22,015/yr
Net Cash Flow
-$424/mo
Cash Margin
-15.1%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8115
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo55
Risk Index
29.3/ 100

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

Comparables

Properties near 2418 Clementine Boulevard

Time

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Data last updated within the past 24 hours.