1831 Haig Drive S, Elmvale Acres and Area

$1,250,000
1831 Haig Drive S

$1,250,000

New
27d
DetachedBungalow

1831 Haig Drive S, Elmvale Acres and Area

Total Monthly Obligation $5,840

Beds
5
Baths
3
Park
4
Sqft
1100-1500
DOM
27d
Score
14
Yield
2.7%
Cash on Cash
-11.6%
Cap Rate
2.1%
5Y IRR
6.5%
10Y IRR
7.6%
Property Type-Detached
MLS® Number-X13831838
Beds-5
Bathrooms-3
Size-1100-1500 sqft
Lot Size-51.93 × 99.84 ft
Listed on site-Sep 26, 2026
Style-Bungalow
Building Type-Detached
Taxes-$5,077.59 (2025)
Parking-4 - None
Basement-Separate Entrance, Apartment
Heating-Baseboard (Electric)
Brokerage-CENTURY 21 ACTION POWER TEAM LTD.
Cooling-Central Air, Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Immediate
Neighbourhood-3701 - Elmvale Acres
Title-Residential Freehold

No agent assigned

Rarely offered and truly one of a kind! This bungalow was taken right down to the studs and rebuilt from the inside out, and it's now a luxury duplex with a detached coach home in the back. The renovation was led by a passionate real estate investor and done to code with care, quality, and long-term value in mind. The result is built to impress. Just completed, it offers exciting possibilities for investors, entrepreneurs, and multi-generational families alike.There are three self-contained living spaces, each with its own separate entrance and hydro meter:Main floor unit: 2 bedrooms, 1 bath, engineered hardwoodLower level unit: 2 bedrooms, 1 bath, fully finishedCoach home: 1 bedroom, engineered hardwood, private deck and fully fenced yardEvery unit has its own in-suite laundry, quartz countertops, stainless steel appliances and sinks, and designer tile. No corners were cut.Major updates, done for you:New framing and drywall throughoutElectrical, plumbing, and hydro service (2025)Roof, stucco, and foundation membrane with weeping tile (2025)All new fencing (2026)The lot gets beautiful sunlight, and it sits on a quiet, tree-lined street in the established, family-friendly neighbourhood of Elmvale Acres. It's just minutes from The Ottawa Hospital General Campus, CHEO, and the Smyth Road medical district. Elmvale Acres Shopping Centre, parks, schools, and public transit are all close by, and Highway 417 gets you downtown in no time. Whatever your vision, this property is ready for it.

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%
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$1,000,000
Land Transfer Taxes$21,475
Legal Fees (Est.)
$
Total cash required for closing$272,975

Total Monthly Obligation

$5,840/mo
Mortgage $5,042
Monthly Loss $4,513
Principal$1,327
Interest$3,715
Property Tax$423
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.7%10
Cash-on-Cash
-14.7%0
5-Year IRR
4.0%8
10-Year IRR
6.0%
Returns Index
5.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$33,828/yr
NOI
$20,868/yr
Net Cash Flow
-$3,303/mo
Cash Margin
-117.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.343
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
15.5/ 100

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

Comparables

Properties near 1831 Haig Drive S

Time

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