856 Norton Avenue, Britannia Heights - Queensway Terrace N and Area

$849,000
856 Norton Avenue

$849,000

New
30d
Semi-Detached 2-Storey

856 Norton Avenue, Britannia Heights - Queensway Terrace N and Area

Total Monthly Obligation $4,360

Beds
3
Baths
4
Park
2
Sqft
1500-2000
DOM
30d
Score
25
Yield
6.5%
Cash on Cash
3.5%
Cap Rate
5.3%
5Y IRR
18.3%
10Y IRR
16.9%
Property Type-Semi-Detached
MLS® Number-X13819218
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-25 × 100.1 ft
Listed on site-Sep 23, 2026
Style-2-Storey
Building Type-Semi-Detached
Taxes-$6,729.5 (2026)
Parking-3 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Stone, Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-6203 - Queensway Terrace North
Title-Residential Freehold

No agent assigned

This beautiful custom-built semi nestled in sought-after Queensway Terrace North offers the perfect blend of nature and convenience. Steps to scenic NCC ravine trails, Elmhurst Park, and Frank Ryan Park offering baseball diamonds, tennis and basketball courts, a field house, wading pool, skating rink, and more. The bright, open-concept main level features hardwood flooring, 9-foot ceilings, and large windows that fill the home with natural light. The chef's kitchen is truly the heart of the home, showcasing granite countertops, stainless steel appliances, an oversized centre island, and abundant cabinetry. The inviting living room is anchored by a floor-to-ceiling stone fireplace creating the perfect space to relax or entertain. Upstairs, the spacious primary suite offers coffered ceilings, a walk-in closet, and a 5pc ensuite with double vanity and glass shower. Two additional good-sized bedrooms (one with its own walk-in closet), a full bathroom, and convenient second-floor laundry complete this level. The finished basement provides excellent additional living space with high ceilings, large windows, a generous rec room, powder room, space for a home office and ample storage. Enjoy the beautifully landscaped, fully fenced west-facing backyard featuring a patio, perennial gardens, and artificial turf for easy, low-maintenance living. Queensway Terrace North is one of Ottawa's hidden gems, ideally situated near great schools schools, shopping, transit, Britannia Beach, and everyday amenities! 48 hour irrevocable.

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

Closing Costs

Mortgage Amount
$679,200
Land Transfer Taxes$13,455
Legal Fees (Est.)
$
Total cash required for closing$184,755

Total Monthly Obligation

$4,360/mo
Mortgage $3,425
Monthly Loss $3,459
Principal$901
Interest$2,523
Property Tax$561
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.5%32
Cash-on-Cash
-1.5%5
5-Year IRR
14.5%68
10-Year IRR
14.2%
Returns Index
35.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$55,152/yr
NOI
$38,407/yr
Net Cash Flow
-$224/mo
Cash Margin
-4.9%2
Cash Flow Index
1.8/ 100
Risk Profile
Weight: 20%
DSCR
0.9322
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
24.8/ 100

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

Comparables

Properties near 856 Norton Avenue

Time

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