3897E Old Richmond Road, Bells Corners and South to Fallowfield

$424,990
3897E Old Richmond Road

$424,990

New
6d
Condo Townhouse2-Storey

3897E Old Richmond Road, Bells Corners and South to Fallowfield

Total Monthly Obligation $2,594

Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
6d
Score
22
Yield
6.7%
Cash on Cash
-0.6%
Cap Rate
4.5%
5Y IRR
15.1%
10Y IRR
14.2%
Property Type-Condo Townhouse
MLS® Number-X14091018
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 17, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$2,429.65 (2026)
Maintenance-$477/mo
Locker-None
Parking-1 - None
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-GRAPE VINE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Possession-TBA
Neighbourhood-7805 - Arbeatha Park
Title-Residential Condo & Other

No agent assigned

Welcome to 3897E Old Richmond Road, a beautifully maintained and updated townhouse in Bells Corners offering modern finishes, comfortable living spaces, and a private outdoor retreat. Featuring 3 bedrooms, 1.5 bathrooms, and a fully finished basement, this move-in-ready home is ideal for families, first-time buyers, or investors.The main floor boasts a bright, open-concept living and dining area with modern vinyl flooring, neutral tones, and plenty of natural light. The updated kitchen features white cabinetry, a stylish backsplash, generous counter space, stainless steel appliances, and a convenient breakfast bar. Beautiful wood-finished stairs add warmth and character.Upstairs, you'll find three well-sized bedrooms and a renovated full bathroom complete with a glass-enclosed shower, elegant vanity, and contemporary fixtures. The fully finished basement offers versatile additional living space, ideal for a home office, recreation room, gym, or entertainment area. A convenient laundry area includes a stacked washer and dryer, utility sink, and additional powder room.Enjoy year-round comfort with central air conditioning and an owned furnace, with no furnace rental fees. The hot water tank is rented at approximately $30/month.Outside, the private, fully fenced backyard features an attractive interlock patio and raised garden bed, creating a lovely space to relax, dine outdoors, or entertain family and friends.Conveniently located in established Bells Corners, close to shopping, parks, schools, public transit, and everyday amenities, this beautifully updated townhouse offers comfort, functionality, and excellent value in a desirable Ottawa neighbourhood.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$339,992
Land Transfer Taxes$4,975
Legal Fees (Est.)
$
Total cash required for closing$91,473

Total Monthly Obligation

$2,594/mo
Mortgage $1,714
Monthly Loss $2,143
Principal$451
Interest$1,263
Property Tax$202
Condo Fees$477
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.9%2
5-Year IRR
11.1%44
10-Year IRR
11.6%
Returns Index
22.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$28,548/yr
NOI
$15,140/yr
Net Cash Flow
-$453/mo
Cash Margin
-19.0%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7411
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo63
Risk Index
31.0/ 100

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

Comparables

Properties near 3897E Old Richmond Road

Time

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Data last updated within the past 24 hours.