1160 Belanger Avenue 10, Billings Bridge - Riverside Park and Area

$499,900
1160 Belanger Avenue 10

$499,900

New
2d
Att/Row/Townhouse2-Storey

1160 Belanger Avenue 10, Billings Bridge - Riverside Park and Area

Total Monthly Obligation $2,712

Beds
3
Baths
2
Park
1
Sqft
700-1100
DOM
2d
Score
31
Yield
7.5%
Cash on Cash
7.3%
Cap Rate
6.2%
5Y IRR
21.5%
10Y IRR
19.5%
Property Type-Att/Row/Townhouse
MLS® Number-X14102814
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-15.58 × 69.75 ft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$3,841.72 (2026)
Parking-2 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-ENGEL & VOLKERS OTTAWA
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-4601 - Billings Bridge
Title-Residential Freehold

No agent assigned

A great opportunity in Heron Park, this two-level townhome offers 3 bedrooms and 2 bathrooms, just off Bank Street and close to everyday amenities. The main level features a kitchen updated in 2024, flowing into a sunken living room with access to the spacious backyard deck, with room for plenty of patio furniture and outdoor entertaining. A convenient powder room completes this level. Upstairs, you'll find three good-sized bedrooms and a 4-piece main bathroom with two doors, including direct access from one bedroom for ensuite convenience. The bedrooms offer flexibility for family, guests or a work-from-home setup. Down below, the lower level has tall ceilings, direct access to the garage, and plenty of space for storage, a flex space, or a workout area. Updates include downstairs flooring (2020), backyard deck (2022), kitchen (2024), upstairs flooring (2025) and bathroom upgrades (2026; not a full renovation). The furnace was replaced in 2015 and the A/C in 2024. Average monthly costs are approximately $60 for heat, $100 for hydro and $50 for water. The $110 monthly association fee covers laneway access and maintenance, including snow removal. Offered at $499,900, this is an appealing option for first-time buyers or small families.

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

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,712/mo
Mortgage $2,016
Monthly Loss $2,181
Principal$531
Interest$1,486
Property Tax$320
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.0%38
Cash-on-Cash
0.9%9
5-Year IRR
16.5%79
10-Year IRR
15.8%
Returns Index
43.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
31/ 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
$37,248/yr
NOI
$25,181/yr
Net Cash Flow
$82/mo
Cash Margin
2.6%8
Cash Flow Index
7.8/ 100
Risk Profile
Weight: 20%
DSCR
1.0430
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
36.0/ 100

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

Comparables

Properties near 1160 Belanger Avenue 10

Time

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