864 Colonel By Drive, Glebe - Ottawa East and Area

$2,400,000
864 Colonel By Drive

$2,400,000

New
85d
Att/Row/Townhouse3-Storey

864 Colonel By Drive, Glebe - Ottawa East and Area

Total Monthly Obligation $11,498

Beds
3
Baths
4
Park
2
Sqft
3500-5000
DOM
85d
Score
13
Yield
1.9%
Cash on Cash
-16.2%
Cap Rate
1.1%
5Y IRR
3.0%
10Y IRR
5.0%
Property Type-Att/Row/Townhouse
MLS® Number-X13621944
Beds-3
Bathrooms-4
Size-3500-5000 sqft
Lot Size-49.77 × 134 ft
Listed on site-Jul 30, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Taxes-$17,300 (2026)
Parking-2 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Electric)
Brokerage-MARILYN WILSON DREAM PROPERTIES INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick
Roof-Cedar, Flat, Asphalt Rolled
Foundation-Stone
Sewer-Sewer
Possession-Immediate
Neighbourhood-4403 - Old Ottawa South
Title-Residential Freehold

No agent assigned

Overlooking the Rideau Canal and NCC parkland, this beautifully restored 1930s residence is one of Old Ottawa South's landmark homes. Thoughtfully renovated by one of Ottawa's most respected builders, it blends timeless architecture with impeccable craftsmanship. A gracious portico and elegant foyer introduce magnificent principal rooms with 10-foot ceilings, a breathtaking fireplace, Waterford crystal chandelier and picturesque Canal views. The Design First kitchen is beautifully appointed with heated floors and premium Miele and Wolf appliances. There is also a sun-filled breakfast room, family room and private south-facing terrace. Upstairs, the luxurious primary suite offers a spa-inspired ensuite and exquisite walk-in closet, while a wood-panelled library, bedroom suite and beautifully landscaped gardens complete this extraordinary residence. The third floor offers another bedroom and bath, and the study could convert to a fourth bedroom. A rare opportunity to enjoy elegant urban living in one of Ottawa's most coveted locations.

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%
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$
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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$1,920,000
Land Transfer Taxes$46,475
Legal Fees (Est.)
$
Total cash required for closing$527,975

Total Monthly Obligation

$11,498/mo
Mortgage $9,681
Monthly Loss $8,950
Principal$2,548
Interest$7,133
Property Tax$1,442
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
0.8%7
Cash-on-Cash
-18.6%0
5-Year IRR
1.1%4
10-Year IRR
3.8%
Returns Index
2.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 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
$46,404/yr
NOI
$19,964/yr
Net Cash Flow
-$8,017/mo
Cash Margin
-207.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.171
LTV Ratio
80.0%18
Vacancy Buffer
0.9 mo15
Risk Index
11.6/ 100

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

Comparables

Properties near 864 Colonel By Drive

Time

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