256 Northwestern Avenue, Tunneys Pasture and Ottawa West

$1,999,000
256 Northwestern Avenue

$1,999,000

New
92d
Semi-Detached 3-Storey

256 Northwestern Avenue, Tunneys Pasture and Ottawa West

Total Monthly Obligation $9,016

Beds
6
Baths
5
Park
2
Sqft
3500-5000
DOM
92d
Score
14
Yield
2.9%
Cash on Cash
-10.4%
Cap Rate
2.4%
5Y IRR
7.5%
10Y IRR
8.3%
Property Type-Semi-Detached
MLS® Number-X13602584
Beds-6
Bathrooms-5
Size-3500-5000 sqft
Lot Size-25 × 130 ft
Listed on site-Jul 23, 2026
Style-3-Storey
Building Type-Semi-Detached
Taxes-$6,933 (2025)
Parking-2 - Attached
Basement-Separate Entrance
Heating-Forced Air (Electric)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas, Other, Electric
Pool-None
Facing-South
Exterior-Stone, Stucco (Plaster)
Roof-Flat
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-4301 - Ottawa West/Tunneys Pasture
Title-Residential Freehold

No agent assigned

Experience five-star luxury semi in prestigious Champlain Park. Offering approx. 3,600 sq. ft. of living space, this newly built 6-bedroom, 5-bathroom SMART residence features over $500K in upgrades & meets R-2000 energy-efficiency standards for comfort, performance & energy savings.Designed for exceptional versatility, the home offers 3 distinct zones: a main-level professional space with foyer, office & powder room; an expansive family residence; & a separately accessed legal 2-bedroom apartment.Soaring 12-15 ft ceilings, 4 elegant crystal chandeliers & triple-glazed panoramic windows create bright interiors. The living area features white oak hardwood floors, a striking Calacatta Ice fireplace & a full-height, full-width bi-fold glass door opening onto the composite deck for seamless indoor-outdoor living.The chef-inspired kitchen is appointed with premium Bertazzoni appliances, large windows, Calacatta Ice waterfall countertops & matching backsplash, plus a spacious eat-in area.Upstairs are 4 bedrooms, including 2 luxurious primary suites, each with a private ensuite, custom closet & balcony. The principal suite also features a 3-sided fireplace & elegant 5-piece ensuite finished in bookmatched Calacatta Ice tile.The bright legal apartment offers 9-10 ft ceilings, oversized windows, heated floors, full kitchen, in-suite laundry & all appliances-ideal for rental income or multigenerational living.Exceptional outdoor spaces include an approx. 600 sq. ft. rooftop terrace, 3 balconies totaling approx. 250 sq. ft., multi-level deck & private composite-fenced yard.Highlights include a striking blue granite façade, heated driveway, stairs, landing, garage & lower-level floors, plus Google Smart Home integration controlling lighting, climate, curtains, garage doors & more.A fully insulated 16-inch concrete-block party wall delivers superior sound separation, exceptional privacy & the comfort of a detached home. Visit & fall in love.

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Closing Costs

Mortgage Amount
$1,599,200
Land Transfer Taxes$36,455
Legal Fees (Est.)
$
Total cash required for closing$437,755

Total Monthly Obligation

$9,016/mo
Mortgage $8,063
Monthly Loss $6,894
Principal$2,122
Interest$5,942
Property Tax$578
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.2%0
5-Year IRR
5.2%11
10-Year IRR
6.8%
Returns Index
7.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$57,204/yr
NOI
$40,051/yr
Net Cash Flow
-$4,726/mo
Cash Margin
-99.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.413
LTV Ratio
80.0%18
Vacancy Buffer
1.1 mo18
Risk Index
13.1/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 256 Northwestern Avenue

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