504 Clarence Street E, Lower Town - Sandy Hill

$679,999
504 Clarence Street E

$679,999

New
29d
Semi-Detached 2-Storey

504 Clarence Street E, Lower Town - Sandy Hill

Total Monthly Obligation $3,651

Beds
3
Baths
1
Park
1
Sqft
1500-2000
DOM
29d
Score
22
Yield
6.1%
Cash on Cash
0.7%
Cap Rate
4.7%
5Y IRR
16.1%
10Y IRR
15.1%
Property Type-Semi-Detached
MLS® Number-X13822102
Beds-3
Bathrooms-1
Size-1500-2000 sqft
Lot Size-16.44 × 96.32 ft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Semi-Detached
Age-100+
Taxes-$6,393.86 (2026)
Parking-1 - None
Basement-Unfinished
Heating-Heat Pump (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Other
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Aluminum Siding
Roof-Tar and Gravel
Foundation-Stone
Sewer-Sewer
Possession-60-89 days
Neighbourhood-4002 - Lower Town
Title-Residential Freehold

No agent assigned

Welcome to 504 Clarence Street East! Step into a piece of Ottawa's history! Nestled in a quiet corner of Lowertown, this charming 3-bedroom century home offers timeless character and convenience. From the moment you arrive, you'll appreciate the warmth and architectural character that make older homes so special. Inside, generous open-concept living spaces and high ceilings fill the home with natural light. The spacious layout provides plenty of room for everyday living, working from home, and entertaining family and friends. The home features a bright kitchen, comfortable bedrooms, and a peaceful backyard getaway. This home includes a recently installed high-efficiency on-demand combination boiler (2019), that provides hot water for the radiator heating system and endless domestic hot water, and an electric heat pump (2022) that provides energy-saving heating and cooling, giving peace of mind for years to come. Outside, enjoy the convenience of private parking and a low-maintenance yard. This home is ideal for busy professionals or anyone seeking a walkable downtown lifestyle with easy access to parks and riverside trails. The location is steps from downtown, ByWard Market, Global Affairs Canada, University of Ottawa, parks, cafés, and restaurants. Additionally, this location offers exceptional access to some of Ottawa's most desirable amenities, such as galleries, museums, live theatre, music, and community centres. If you're a young professional, university professor, government employee, or simply someone who appreciates the charm and character of a historic home, 504 Clarence Street East presents a rare opportunity to own a truly special property in one of the city's most sought-after neighbourhoods.

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

Closing Costs

Mortgage Amount
$543,999
Land Transfer Taxes$10,075
Legal Fees (Est.)
$
Total cash required for closing$147,575

Total Monthly Obligation

$3,651/mo
Mortgage $2,743
Monthly Loss $2,929
Principal$722
Interest$2,021
Property Tax$533
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.5%3
5-Year IRR
12.1%51
10-Year IRR
12.3%
Returns Index
26.6/ 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
$41,376/yr
NOI
$26,345/yr
Net Cash Flow
-$548/mo
Cash Margin
-15.9%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8014
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
24.9/ 100

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

Comparables

Properties near 504 Clarence Street E

Time

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Data last updated within the past 24 hours.