97 DOANE Street, Britannia - Lincoln Heights and Area

$505,000
97 DOANE Street

$505,000

New
25d
Semi-Detached 2-Storey

97 DOANE Street, Britannia - Lincoln Heights and Area

Total Monthly Obligation $2,680

Beds
3
Baths
2
Park
2
Sqft
1500-2000
DOM
25d
Score
69
Yield
9.7%
Cash on Cash
18.3%
Cap Rate
8.5%
5Y IRR
30.5%
10Y IRR
27.4%
Property Type-Semi-Detached
MLS® Number-X13837380
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-29.92 × 101.64 ft
Listed on site-Sep 28, 2026
Style-2-Storey
Building Type-Semi-Detached
Taxes-$3,218.38 (2026)
Parking-3 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-6101 - Britannia
Title-Residential Freehold

No agent assigned

Welcome to 97 Doane Street - an excellent opportunity to own a FREEHOLD home in Ottawa for just $505,000! One of the more affordable freehold opportunities in the area, this spacious semi-detached home offers 3 bedrooms, 2 full bathrooms, and a finished basement - an exceptional combination at this price point. The bright, open-concept main level connects the kitchen, dining, and living areas, creating an inviting space for everyday living and entertaining. Upstairs are three well-proportioned bedrooms and a full bathroom. The finished basement adds valuable living space, including a second full bathroom, ideal for a family room, home office, gym, or guest area. Step outside to a fenced backyard with plenty of room for children, pets, gardening, or summer entertaining. Enjoy a convenient west-end location close to Britannia Park and Beach, Ottawa River pathways, schools, shopping, recreation, transit, and major routes. At $505,000, this property also deserves a look from investors seeking an affordable entry point into Ottawa's freehold market. The combination of 3 bedrooms, 2 full bathrooms, additional finished basement space, and access to transit and amenities can appeal to a broad tenant pool. Potential rental income may also help cover the property's carrying costs and support your financing strategy, subject to lender qualification. Whether you're a first-time buyer, growing family, condo owner ready for FREEHOLD living with no condo fees, or an investor looking to add to your portfolio, 97 Doane Street offers plenty of possibilities at an attractive price point. Some pictures are virtually staged.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$404,000
Land Transfer Taxes$6,575
Legal Fees (Est.)
$
Total cash required for closing$109,075

Total Monthly Obligation

$2,680/mo
Mortgage $2,037
Monthly Loss $2,144
Principal$536
Interest$1,501
Property Tax$268
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
7.2%65
Cash-on-Cash
11.2%57
5-Year IRR
24.8%98
10-Year IRR
22.9%
Returns Index
75.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeB
69/ 100
Fair•Hold / Negotiate

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$49,200/yr
NOI
$36,562/yr
Net Cash Flow
$1,010/mo
Cash Margin
24.6%87
Cash Flow Index
87.3/ 100
Risk Profile
Weight: 20%
DSCR
1.5073
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
50.1/ 100

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

Comparables

Properties near 97 DOANE 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.

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Data last updated within the past 24 hours.