1022 Maitland Avenue, Belair Park - Copeland Park and Area

$899,900
1022 Maitland Avenue

$899,900

New
4d
DetachedBungalow

1022 Maitland Avenue, Belair Park - Copeland Park and Area

Total Monthly Obligation $4,367

Beds
4
Baths
2
Park
2
Sqft
700-1100
DOM
4d
Score
16
Yield
3.8%
Cash on Cash
-7.4%
Cap Rate
3.0%
5Y IRR
9.8%
10Y IRR
10.0%
Property Type-Detached
MLS® Number-X14092982
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-50 × 123.8 ft
Listed on site-Oct 19, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,350 (2025)
Parking-2 - Other
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Stucco (Plaster), Other
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-5402 - Braemar Park
Title-Residential Freehold

No agent assigned

ATTENTION BUILDERS, DEVELOPERS & INVESTORS! PRIME REDEVELOPMENT OPPORTUNITY! Discover the potential of this approximately 50' x 123' property with City confirmed CM2 (Minor Corridor Zone 2) zoning, offering exciting possibilities for future development and intensification. Ideally situated in an established Ottawa neighborhood with convenient access to Highway 417, public transit, shopping, schools and everyday amenities. A desirable location for a future residential or mixed use project, subject to applicable zoning provisions and municipal approvals. Currently improved with a 3-bedroom bungalow featuring a finished lower level, the property is tenant occupied and generates $3,000/month in all inclusive rental income, offering income while future plans are explored. A new survey is available with an offer. An outstanding opportunity to invest in the land, location and future potential! Buyers to conduct their own due diligence regarding permitted uses, development feasibility and approvals.

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

Closing Costs

Mortgage Amount
$719,920
Land Transfer Taxes$14,473
Legal Fees (Est.)
$
Total cash required for closing$195,953

Total Monthly Obligation

$4,367/mo
Mortgage $3,630
Monthly Loss $3,412
Principal$955
Interest$2,675
Property Tax$363
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.3%0
5-Year IRR
6.7%17
10-Year IRR
8.0%
Returns Index
9.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$33,840/yr
NOI
$21,606/yr
Net Cash Flow
-$1,829/mo
Cash Margin
-64.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
19.3/ 100

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

Comparables

Properties near 1022 Maitland Avenue

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.