53 Scrivens Street, Britannia - Lincoln Heights and Area

$1,375,000
53 Scrivens Street

$1,375,000

New
50d
Detached3-Storey

53 Scrivens Street, Britannia - Lincoln Heights and Area

Total Monthly Obligation $6,736

Beds
3
Baths
4
Park
4
Sqft
2000-2500
DOM
50d
Score
15
Yield
3.7%
Cash on Cash
-8.6%
Cap Rate
2.7%
5Y IRR
8.8%
10Y IRR
9.3%
Property Type-Detached
MLS® Number-X13741462
Beds-3
Bathrooms-4
Size-2000-2500 sqft
Lot Size-52 × 66 ft
Listed on site-Sep 3, 2026
Style-3-Storey
Building Type-Detached
Taxes-$9,769.91 (2026)
Parking-5 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Wood
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-6101 - Britannia
Title-Residential Freehold

No agent assigned

As featured in the Globe & Mail's "Home of the Week" (May 2026). One of the most unique homes in the city, offering spectacular views of Britannia Bay (aka Lac Deschenes) and the Ottawa River, with breathtaking sunsets enjoyed year-round. The open-concept design is centered around unique architectural elements, including cast iron panels & oak doors, bannisters, and newel posts from St. Andrew's Church. Lovingly maintained by long-term owners this exceptional home blends modern comfort w/timeless character across four spacious levels designed for everyday living & entertaining. The main level features a private primary suite with ensuite & 2 walk-in closets, an additional bedroom, and a beautifully renovated full bathroom. The showpiece second level offers 9+ ft ceilings, crown moldings & stunning hardwood floors. Nearly floor-to-ceiling cedar-framed wraparound windows capture west, north, and east exposures, filling the space with natural light & incredible views. The custom kitchen features quartz countertops, maple cabinetry, a diner-style bar & stainless-steel appliances. A sitting area with cast iron fireplace, versatile den or 3rd bedroom, and powder room complete this level, while original cast iron panels enhance the stairwell. The 3rd-level library with rotunda provides a unique retreat, perfect for a reading room, studio or workspace. The basement is completely renovated, enhanced & improved. It includes 3 finished rooms, a new 3-piece bath and laundry, offering a flexible living space. The laundry appliances & furnace are new. Two new state-of-the art back-low valves (storm & sanitary) complete the comprehensive protection of the home. An oversized garage with loft storage completes the home. Step outside to enjoy year-round recreation - run, hike, ski, or kitesurf & walk to nearby amenities. A rare opportunity to own a one-of-a-kind property in an unbeatable waterfront setting. 12 hrs irrevocable.

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

Closing Costs

Mortgage Amount
$1,100,000
Land Transfer Taxes$23,975
Legal Fees (Est.)
$
Total cash required for closing$300,475

Total Monthly Obligation

$6,736/mo
Mortgage $5,546
Monthly Loss $5,276
Principal$1,460
Interest$4,087
Property Tax$814
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%13
Cash-on-Cash
-12.0%0
5-Year IRR
6.2%15
10-Year IRR
7.6%
Returns Index
8.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$50,400/yr
NOI
$31,090/yr
Net Cash Flow
-$2,956/mo
Cash Margin
-70.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.474
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo22
Risk Index
14.9/ 100

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

Comparables

Properties near 53 Scrivens Street

Time

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