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Listed 19 days ago

759 ADAMS Avenue

3702 - Elmvale Acres, Elmvale Acres and Area

$874,900

Detached|Bungalow
3 | 2 | 3
About this home

Fully renovated bungalow on a large 50' x 100' lot, featuring a legal Secondary Dwelling Unit with Occupancy Permit on file and exceptional contemporary finishes throughout. Ideally located near CHEO, The Ottawa Hospital General Campus, public transit, shopping, schools, and parks. The bright main-floor unit offers 3 bedrooms, 1 bathroom, a stylish open-concept kitchen, dining and living area, in-suite laundry, and private deck. The lower unit features 2 bedrooms, 1 bathroom, a modern updated kitchen, and bright open-concept living space. Thoughtfully renovated from top to bottom with modern kitchens, updated bathrooms, quality finishes, and a clean, sophisticated design. Ample parking and two separate hydro meters complete this turnkey investment property with excellent rental potential.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$5,067
Lot Size50 ft x 100 ft
mls© NumberX13672382
Listed ByRE/MAX HALLMARK REALTY GROUP

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%
$4,478
Property tax
$422
Heat allowance
$150
Housing costs
$5,050 / mo

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

Down payment20% · $174,980
25-yr amortization

Income needed

$155,000

gross annual household income

Payment at 4%
$3,682 / mo
Cash down
$174,980

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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