888 Hiawatha Park Road, Orleans - Convent Glen and Area

$1,350,000
888 Hiawatha Park Road

$1,350,000

New
23d
DetachedBungalow

888 Hiawatha Park Road, Orleans - Convent Glen and Area

Total Monthly Obligation $6,406

Beds
3
Baths
4
Park
2
Sqft
1500-2000
DOM
23d
Score
14
Yield
2.7%
Cash on Cash
-11.9%
Cap Rate
2.0%
5Y IRR
6.3%
10Y IRR
7.4%
Property Type-Detached
MLS® Number-X13850546
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-50 × 105 ft
Listed on site-Sep 30, 2026
Style-Bungalow
Building Type-Detached
Age-16-30
Taxes-$7,022 (2026)
Parking-4 - Attached
Basement-Apartment, Finished, Full, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE INTEGRITY REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-2002 - Hiawatha Park/Convent Glen
Title-Residential Freehold

No agent assigned

Welcome to 888 Hiawatha Park Road, where comfort, versatility and an exceptional location come together in a beautifully maintained bungalow just steps from the Ottawa River. From the moment you arrive, the pride of ownership is unmistakable, creating a home that feels warm, welcoming and ready to be enjoyed. The bright and inviting main level offers two comfortable bedrooms and thoughtfully designed living spaces filled with natural light. One of the home's most appealing features is its beautiful water view, adding a sense of calm and tranquillity to everyday living. Large dining & family room, open concept & well-designed kitchen. The finished lower level offers outstanding flexibility and includes a legal one-bedroom apartment with its own separate entrance. Whether used for extended family, multigenerational living or as an income-generating suite, this valuable addition provides options that are increasingly difficult to find. Step outside and enjoy a lovely, private yard with plenty of space for summer evenings, gardening, entertaining or simply relaxing. A storage shed provides additional convenience, while the double-car garage offers excellent parking, storage and year-round practicality. The location truly completes the package. With the Ottawa River nearby, scenic bike and walking paths, green space, recreation and everyday amenities all within easy reach, this is a home designed for those who appreciate both convenience and lifestyle. Tons of storage, inside & out, 2 storage sheds, nice deck. Beautifully cared for by its original owner, built in 2006, wonderfully versatile and set in a location that feels just a little more special, this is the kind of home that invites you to settle in, slow down and stay awhile.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$1,080,000
Land Transfer Taxes$23,475
Legal Fees (Est.)
$
Total cash required for closing$294,975

Total Monthly Obligation

$6,406/mo
Mortgage $5,446
Monthly Loss $4,973
Principal$1,433
Interest$4,013
Property Tax$585
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.6%10
Cash-on-Cash
-15.0%0
5-Year IRR
3.8%8
10-Year IRR
5.8%
Returns Index
5.2/ 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
$36,900/yr
NOI
$21,688/yr
Net Cash Flow
-$3,638/mo
Cash Margin
-118.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.332
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
14.7/ 100

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

Comparables

Properties near 888 Hiawatha Park Road

Time

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