96 Putman Avenue, New Edinburgh - Lindenlea

$1,189,900
96 Putman Avenue

$1,189,900

New
8d
Detached2-Storey

96 Putman Avenue, New Edinburgh - Lindenlea

Total Monthly Obligation $5,891

Beds
6
Baths
3
Park
2
Sqft
1100-1500
DOM
8d
Score
15
Yield
3.5%
Cash on Cash
-9.7%
Cap Rate
2.5%
5Y IRR
8.0%
10Y IRR
8.7%
Property Type-Detached
MLS® Number-X14086644
Beds-6
Bathrooms-3
Size-1100-1500 sqft
Lot Size-71.4 × 90 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Taxes-$8,597 (2025)
Parking-4 - Attached
Basement-Finished
Heating-Baseboard (Electric)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-None
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-30-60 Says
Neighbourhood-3302 - Lindenlea
Title-Residential Freehold

No agent assigned

Exceptional Opportunity in New Edinburgh - Premium Corner Lot! Located in one of Ottawa's most charming and established neighbourhoods, this approximately 6,500 sq. ft. corner lot at Putman Avenue and Champlain Avenue offers an exciting opportunity for builders, developers, renovators, and those looking to create their dream home. New Edinburgh and neighbouring Lindenlea are known for their mature trees, beautiful parks, village-like atmosphere, and convenient access to downtown Ottawa. Beechwood Avenue, the area's vibrant commercial hub, offers an excellent selection of cafés, restaurants, bakeries, grocery stores, and everyday amenities. Enjoy the nearby green spaces of New Edinburgh Park and Stanley Park, with walking and cycling paths, playgrounds, sports facilities, and access to the scenic Rideau River. Numerous schools, public transportation, and other essential amenities are also close at hand. The existing home requires repairs and is being offered primarily for its land value, (being sold As-Is) presenting an opportunity to restore the property into a wonderful family home or explore the possibilities this exceptional location may offer. Bring your vision and imagination! Whether you are a builder, developer, or buyer seeking a property with potential in a highly desirable neighbourhood, this is an opportunity to create something truly special in the heart of New Edinburgh.

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

Closing Costs

Mortgage Amount
$951,920
Land Transfer Taxes$20,273
Legal Fees (Est.)
$
Total cash required for closing$259,753

Total Monthly Obligation

$5,891/mo
Mortgage $4,800
Monthly Loss $4,628
Principal$1,263
Interest$3,537
Property Tax$716
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.2%0
5-Year IRR
5.3%12
10-Year IRR
7.0%
Returns Index
7.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$41,160/yr
NOI
$23,947/yr
Net Cash Flow
-$2,804/mo
Cash Margin
-81.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.423
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
15.7/ 100

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

Comparables

Properties near 96 Putman Avenue

Time

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Data last updated within the past 24 hours.