
38 ADELAIDE Street
4402 - Glebe, Glebe - Ottawa East and Area
$890,000
Location, location, location. This detached house Located Lansdowne! This unique opportunity does not come up often at The Glebe . this R3Q ZONED property in need of extensive repairs, Being sold for land value only, AS-IS WHERE-IS. Opportunity awaits. Do not miss out. 3 unique sundrenched bedrooms, and walk out to balcony over looking the back yard that awaits your landscaping touches. Dining feature large bay window. Large kitchen, door to back yard. Updated Furnace, and on demand HWT, 200 amp electrical. Terrific walkability in the Glebe, all that Lansdowne park has to offer, the Canal, great schools & shops. Right of way to rear yard and parking.. Great potential if you are up for some renovations. All room dimensions are approximate.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | --- |
| Lot Size | 25.62 ft x 88 ft |
| mls© Number | X13685524 |
| Listed By | HOME RUN REALTY 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 estimated carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,555
- Property tax (estimated)
- $0
- Heat allowance
- $150
- Housing costs
- $4,705 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$145,000
gross annual household income
- Payment at 4%
- $3,745 / mo
- Cash down
- $178,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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