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Price Change$1,029,000

5 Cassone Court

7505 - Pineglen, Tanglewood - Grenfell Glen - Pineglen

$999,000

Detached|2-Storey
4 | 6 | 6
About this home

HANDYMAN SPECIAL! CONTRACTOR SPECIAL! An exceptional fixer-upper, renovation project and value-add opportunity for contractors, renovators, investors and DIY buyers in sought-after Pineglen. Tucked away on a private court and set on an EXPANSIVE 10,000+ SQ. FT. LOT IN THE CITY, this grand custom 4+1-bedroom, 6-bathroom home offers over 3,200 sq. ft. above grade and tremendous potential to renovate, update and customize. Bring your contractor and bring your vision! A dramatic two-storey foyer with curved staircase, arched windows and decorative columns sets the tone. Hardwood flooring flows through the formal living and dining rooms, accented by crown moulding and detailed trim work. The family room features large windows overlooking the backyard and a gas fireplace with marble surround. The spacious kitchen includes granite countertops, a large centre island, extensive cabinetry, pantry storage and a dedicated workstation. A bright breakfast area with skylight and patio doors opens to the backyard. The main floor also offers 9-foot ceilings, laundry and abundant natural light. Upstairs are 4 generously sized bedrooms and 3 bathrooms connected by an open-to-below hallway overlooking the foyer. The spacious primary suite includes hardwood flooring, oversized windows and an ensuite. Two additional bedrooms share access to a jack-and-jill bathroom. The finished lower level adds a large recreation area, additional bedroom, full 3-piece bathroom and ample storage. Outside, the expansive lot and mature landscaping provide excellent privacy and significant potential to transform the outdoor space. Offered in as-is condition, this project home presents an outstanding investment and renovation opportunity to create sweat equity and make it your own. Pineglen is known for mature trees, quiet streets, nearby parks and spacious homes while remaining close to shopping, restaurants, grocery stores and fitness facilities.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age31-50
Size3000-3500 sq. ft.
Property Tax$11,805
Lot Size75.82 ft x 148.09 ft
mls© NumberX13538256
Listed ByENGEL & VOLKERS OTTAWA

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%
$5,113
Property tax
$984
Heat allowance
$150
Housing costs
$6,247 / mo

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

Down payment20% · $199,800
25-yr amortization

Income needed

$192,000

gross annual household income

Payment at 4%
$4,204 / mo
Cash down
$199,800

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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