304 Riverdale Avenue, Glebe - Ottawa East and Area

$949,000
304 Riverdale Avenue

$949,000

New
22d
Semi-Detached 3-Storey

304 Riverdale Avenue, Glebe - Ottawa East and Area

Total Monthly Obligation $4,870

Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
22d
Score
17
Yield
4.5%
Cash on Cash
-5.6%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Semi-Detached
MLS® Number-X13852024
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-25 × 70.17 ft
Listed on site-Oct 1, 2026
Style-3-Storey
Building Type-Semi-Detached
Taxes-$8,001.62 (2026)
Parking-1 - Attached
Basement-Partial Basement, Unfinished
Heating-Forced Air (Gas)
Brokerage-ENGEL & VOLKERS OTTAWA
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Flex
Neighbourhood-4403 - Old Ottawa South
Title-Residential Freehold

No agent assigned

Welcome to 304 Riverdale Avenue, a beautifully designed home located in one of Ottawa's most desirable neighbourhoods. Just a short stroll to the shops and restaurants of Bank Street, Lansdowne Park, the Rideau Canal with cycling/walking paths, as well as Windsor Park. This home offers an exceptional urban lifestyle surrounded by nature and amenities. Quality built by renowned builder Allan Bateman in 2020, this thoughtfully designed infill home showcases exceptional craftsmanship and a functional layout across three levels. Upon entering, you are welcomed by a versatile main floor office/den area, offering the perfect space for working from home, a study, or a quiet retreat. The open-concept level is designed for both everyday living and entertaining. The beautifully crafted kitchen features premium quartz countertops, a gas stove, and a generous centre island with seating, flowing seamlessly into the inviting living room. A sleek modern gas fireplace creates a stylish focal point, adding warmth and contemporary character to the space. The formal dining room features oversized windows that fill the room with sunlight, creating an elegant setting for family dinners and entertaining. The third floor features three spacious bedrooms, including a peaceful primary suite with a walk-through closet leading to the 4pc ensuite bathroom. Enjoy the comfort of heated flooring in the ensuite, along with premium tile finishes and thoughtful design details throughout both full bathrooms. Enjoy outdoor living on the patio/front porch, complete with a natural gas BBQ hookup (backyard). Additional features include convenient main floor laundry, inside access to the attached garage, central vacuum, and a full unfinished basement offering excellent storage space. With its modern design, quality construction, and unbeatable location, 304 Riverdale Avenue offers a rare opportunity to enjoy sophisticated city living in one of Ottawa's most sought-after communities.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$759,200
Land Transfer Taxes$15,455
Legal Fees (Est.)
$
Total cash required for closing$206,755

Total Monthly Obligation

$4,870/mo
Mortgage $3,828
Monthly Loss $3,862
Principal$1,007
Interest$2,821
Property Tax$667
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
8.0%23
10-Year IRR
9.0%
Returns Index
12.7/ 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
$42,804/yr
NOI
$26,022/yr
Net Cash Flow
-$1,660/mo
Cash Margin
-46.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
18.3/ 100

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

Comparables

Properties near 304 Riverdale Avenue

Time

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