6614 Parkway Road, Greely - Metcalfe - Osgoode - Vernon and Area

$688,888
6614 Parkway Road

$688,888

New
28d
DetachedBungalow-Raised

6614 Parkway Road, Greely - Metcalfe - Osgoode - Vernon and Area

Total Monthly Obligation $3,470

Beds
3
Baths
2
Park
6
Sqft
1100-1500
DOM
28d
Score
20
Yield
5.2%
Cash on Cash
-1.3%
Cap Rate
4.3%
5Y IRR
14.5%
10Y IRR
13.8%
Property Type-Detached
MLS® Number-X13827148
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-101.11 × 150.38 ft
Listed on site-Sep 25, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$3,789 (2026)
Parking-8 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Septic
Possession-Immediate or TBD
Neighbourhood-1601 - Greely
Title-Residential Freehold

No agent assigned

Renewed inside and out in 2025 and 2026, this Greely raised bungalow pairs a truly turnkey finish with the space, privacy and parking that village living is known for, all on a 100 x 150 ft lot. The heart of the home is a completely renovated kitchen with crisp new cabinetry, loads of cupboard space, granite counters and a full suite of smart appliances, led by a Samsung Bespoke fridge with the Family Hub screen. Colour changing smart pot lights run through the kitchen, living room, hallway and lower level, bright for busy weeknights and warm when friends come over. The bright living and dining room fits any size of table, with a patio door stepping out to the new deck. Everywhere you look is new: flooring, trim, interior doors, windows, siding, soffit, front door and patio door. Three good sized bedrooms on the main level share a renovated bath with a cheater door to the primary, plus a renovated powder room with brushed gold finishes. The lower level, finished in 2026, adds a large family room with the space and required window for a fourth bedroom, along with plenty of storage. The heavy lifting is already done: 2024 Lennox furnace and water pressure tank, 2023 water softener, 2018 roof and eavestroughs, 2018 well pump and foot valve, a generator hook up on the panel and an owned hot water tank with no rental. Low running costs too, with private well and septic. Outside, a brand new deck overlooks a deep, private backyard framed by mature trees, with a fire pit and a white Coverall shelter included. An oversized double garage and a driveway for 6+ vehicles leave room for trailers, toys and guests. All in the Village of Greely, minutes to Foodland, local schools, parks, the library and Emerald Links Golf Club, with Bank Street, Mitch Owens Road, Manotick and the airport close at hand. Village calm, city close, and nothing left to do but move in. Welcome Home. 48 hour irrevocable on offers.

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

Mortgage Amount
$551,110
Land Transfer Taxes$10,253
Legal Fees (Est.)
$
Total cash required for closing$149,531

Total Monthly Obligation

$3,470/mo
Mortgage $2,779
Monthly Loss $2,738
Principal$731
Interest$2,048
Property Tax$316
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.2%2
5-Year IRR
10.7%40
10-Year IRR
11.1%
Returns Index
21.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$36,000/yr
NOI
$24,111/yr
Net Cash Flow
-$770/mo
Cash Margin
-25.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo45
Risk Index
24.8/ 100

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

Comparables

Properties near 6614 Parkway Road

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