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Listed 2 months ago

6 Ossington Avenue

4403 - Old Ottawa South, Glebe - Ottawa East and Area

$799,900

Detached|2 1/2 Storey
5 | 1 | 1
About this home

Opportunity awaits for investor and or builder. This property is a prime location on one of the most sought after streets in Old Ottawa South. Just steps from Bank street , Rideau and parks This property has not traded since at least 1951 , don't miss out on an opportunity to be one of the few owners of this address in the last 100 years! The home itself is in need of extensive repair and price reflects lot value. Zoning N3B H(9)

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2 1/2 Storey
Approx. Age100+
Size1500-2000 sq. ft.
Property Tax$7,455
Lot Size33 ft x 87.5 ft
mls© NumberX13486316
Listed ByROYAL LEPAGE PERFORMANCE REALTY

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%
$4,094
Property tax
$621
Heat allowance
$150
Housing costs
$4,865 / mo

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

Down payment20% · $159,980
25-yr amortization

Income needed

$150,000

gross annual household income

Payment at 4%
$3,366 / mo
Cash down
$159,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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