460 River Road, Blossom Park - Airport and Area

$650,000
460 River Road

$650,000

Sold Conditional Escape
8d
DetachedBungalow

460 River Road, Blossom Park - Airport and Area

Total Monthly Obligation $3,347

HausQ Valuation Report
Beds
2
Baths
1
Park
6
Sqft
< 700
DOM
8d
Score
20
Yield
5.3%
Cash on Cash
-1.7%
Cap Rate
4.2%
5Y IRR
14.2%
10Y IRR
13.6%
Property Type-Detached
MLS® Number-X14084770
Beds-2
Bathrooms-1
Size-< 700 sqft
Lot Size-100 × 710 ft
Listed on site-Oct 15, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,206.55 (2026)
Parking-7 - Detached
Basement-Crawl Space
Heating-Baseboard (Electric)
Brokerage-EXP REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Vinyl Siding, Other
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Septic
Possession-TBD
Neighbourhood-2602 - Riverside South/Gloucester Glen
Title-Residential Freehold

No agent assigned

Room to GROW, right where the city meets the water! This EXPANSIVE 100 x 710 FOOT LOT delivers wide open land with everyday convenience at your doorstep, just 4 minutes to the LRT and Riverside South Town Centre, 10 minutes to YOW airport, and a SHORT STROLL to the Rideau River. A prime opportunity for investors, developers, and builders with a bold vision. The lot includes 3 SOLID BUILDINGS: a main house with 2 bedrooms, 1 full bath, an open concept kitchen and living room, and a loft space for storage or flex use, a heated workshop with GOOD ceiling height, and a LARGE barn with a second floor that was once an office. Currently used for storage, the barn could be restored as a workshop, multi-purpose space, or reception area, depending on your plans. With DR zoning and over 700 FEET of depth, there are options for development, redevelopment, or rezoning. Offered AS-IS, WHERE-IS.

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$
$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$520,000
Land Transfer Taxes$9,475
Legal Fees (Est.)
$
Total cash required for closing$140,975

Total Monthly Obligation

$3,347/mo
Mortgage $2,622
Monthly Loss $2,658
Principal$690
Interest$1,932
Property Tax$351
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.7%2
5-Year IRR
10.3%38
10-Year IRR
10.9%
Returns Index
20.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$34,188/yr
NOI
$22,063/yr
Net Cash Flow
-$783/mo
Cash Margin
-27.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
25.2/ 100

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

Comparables

Properties near 460 River Road

Time

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