1072 Aldea Avenue, Billings Bridge - Riverside Park and Area

$579,500
1072 Aldea Avenue

$579,500

New
15d
Semi-Detached Bungalow

1072 Aldea Avenue, Billings Bridge - Riverside Park and Area

Total Monthly Obligation $3,096

Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
15d
Score
21
Yield
5.8%
Cash on Cash
0.0%
Cap Rate
4.6%
5Y IRR
15.6%
10Y IRR
14.6%
Property Type-Semi-Detached
MLS® Number-X13875264
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-31.58 × 94.69 ft
Listed on site-Oct 8, 2026
Style-Bungalow
Building Type-Semi-Detached
Taxes-$4,605 (2026)
Parking-3 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-4601 - Billings Bridge
Title-Residential Freehold

No agent assigned

Beautiful 3-bedroom, 2-bath semi-bungalow in the centrally located community of Heron Park, just minutes from the Glebe and Old Ottawa South! This property has been extremely well maintained and is situated on a very quiet street. The main level features gleaming hardwood throughout, a bright kitchen, spacious living/dining room, excellent-sized primary bedroom, as well as 2 additional well-proportioned bedrooms (3rd bedroom currently being used as a den), and a 4-piece bath. The mature, south-facing, fully fenced backyard and patio are the perfect spots for summer barbecues and outdoor gatherings. The lower level offers wonderful additional space for families, young professionals, or multi-generational housing needs, a "retro" family room, 3-piece bath, laundry room, and ample storage complete the lower level. Note: The handy side entrance provides excellent potential for creating a secondary unit, subject to applicable requirements. Located just minutes from excellent schools, parks, shopping, and transit. This home offers the perfect balance of suburban tranquility and urban convenience. 1072 Aldea avenue truly represents outstanding value !

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$463,600
Land Transfer Taxes$8,065
Legal Fees (Est.)
$
Total cash required for closing$125,465

Total Monthly Obligation

$3,096/mo
Mortgage $2,338
Monthly Loss $2,481
Principal$615
Interest$1,722
Property Tax$384
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.5%2
5-Year IRR
11.4%45
10-Year IRR
11.7%
Returns Index
23.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$33,732/yr
NOI
$21,254/yr
Net Cash Flow
-$566/mo
Cash Margin
-20.1%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7612
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
27.4/ 100

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

Comparables

Properties near 1072 Aldea Avenue

Time

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