21 Garrison Street, Tunneys Pasture and Ottawa West

$879,000
21 Garrison Street

$879,000

New
28d
Detached2-Storey

21 Garrison Street, Tunneys Pasture and Ottawa West

Total Monthly Obligation $4,519

HausQ Valuation Report
Beds
4
Baths
2
Park
4
Sqft
1100-1500
DOM
28d
Score
17
Yield
4.5%
Cash on Cash
-5.7%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.0%
Property Type-Detached
MLS® Number-X13827120
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-50 × 100 ft
Listed on site-Sep 25, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,179 (2026)
Parking-5 - Detached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Rolled
Foundation-Poured Concrete
Sewer-Sewer
Possession-TDB
Neighbourhood-4302 - Ottawa West
Title-Residential Freehold

No agent assigned

Calling all visionaries! A fantastic opportunity awaits builders, renovators, contractors, investors, and buyers looking to create their dream home in Ottawa's highly sought-after Tunney's Pasture area. Situated on an approximately 50' x 100' lot, this detached three-bedroom home is full of potential.The main level includes a kitchen, living room, dining room, family room, and powder room. The second level has three bedrooms and a full bathroom, while the third floor provides additional bonus space. Outside, you'll find a private driveway with parking for approximately four vehicles, a detached one-car garage, an outdoor pool, and three exterior sheds.The entire property is being sold "AS IS", including the home, garage, pool, sheds, kitchen, and all included appliances. The furnace, air conditioner, and hot water tank are rentals at a combined cost of approximately $219.11 per month.

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

Closing Costs

Mortgage Amount
$703,200
Land Transfer Taxes$14,055
Legal Fees (Est.)
$
Total cash required for closing$191,355

Total Monthly Obligation

$4,519/mo
Mortgage $3,546
Monthly Loss $3,586
Principal$933
Interest$2,613
Property Tax$598
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.0%1
5-Year IRR
7.8%22
10-Year IRR
8.9%
Returns Index
12.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$39,348/yr
NOI
$23,734/yr
Net Cash Flow
-$1,568/mo
Cash Margin
-47.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
19.2/ 100

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

Comparables

Properties near 21 Garrison Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.