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Price Change$810,000

2601 Needham Crescent

4603 - Brookfield Gardens, Billings Bridge - Riverside Park and Area

$775,000

Detached|Bungalow
2 | 3 | 4
About this home

Click brochure link for more details. Proven CASHFLOW from day 1 while living in a modern completely updated open concept bungalow in this unbeatable central and highly connected area of Ottawa. This property has supreme flexibility, choose from multiple paths; PROVEN income capability, multigenerational living or long-term development. Minutes from schools, parks, recreation facilities, a popular children's wading pool, scenic walking and cycling trails, Carleton University, the O-Train, Dow's Lake, Ottawa's cycling network yet with quick access to downtown, the Civic and General Hospitals, CHEO, Little Italy, and a wide range of shops, cafés and everyday amenities. Featuring a stylishly upgraded kitchen with quartz countertops an upgraded full bathroom, walk-in closet in the main bedroom and main floor laundry. Lower level has a new full kitchen with quartz countertops, full bathroom with large desirous shower and an extra large bedroom with build-ins, ready for use for extended family, multi-generational living, or an in-law suite. Private peaceful fully fence backyard. Fully self-contained lower suite adds exceptional versatility for tenants, extended family, or a dedicated home office. With multiple alternatives this could be ideal for young families, first time buyers, investors, house hackers or developers. Current zoning of N2D allows for a 6 unit property to be built. Large driveway can accommodate 3-4 vehicles. Move-in ready with valuable upgrades, endless flexibility. This property can help pay for over 60% of your mortgage. Some photos may be virtually staged.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$5,124
Lot Size50 ft x 100 ft
mls© NumberX13480376
Listed ByHONESTDOOR INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,967
Property tax
$427
Heat allowance
$150
Housing costs
$4,544 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $155,000
25-yr amortization

Income needed

$140,000

gross annual household income

Payment at 4%
$3,261 / mo
Cash down
$155,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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