88 Lees Avenue, Glebe - Ottawa East and Area

$649,900
88 Lees Avenue

$649,900

Price Change
43d
Detached2-Storey

88 Lees Avenue, Glebe - Ottawa East and Area

Total Monthly Obligation $3,427

HausQ Valuation Report
Beds
3
Baths
1
Park
2
Sqft
1100-1500
DOM
43d
Score
21
Yield
5.6%
Cash on Cash
-0.8%
Cap Rate
4.4%
5Y IRR
15.0%
10Y IRR
14.1%
Property Type-Detached
MLS® Number-X13767332
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-26.55 × 64.5 ft
Listed on site-Sep 10, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,164 (2025)
Parking-2 - None
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Shingles
Foundation-Unknown
Sewer-Sewer
Possession-T.B.D.
Neighbourhood-4407 - Ottawa East
Title-Residential Freehold

No agent assigned

Fantastic Opportunity to own a detached 2 story home in the prestigious Old Ottawa East neighborhood! Buy into an area that is sought after by couples, families/ investors. Close to all the amenities and minutes to transit, the Canal, the river, University of OTTAWA and an easy walk to downtown & the Byward market, the shops on Main and the Glebe.. Price reflects need for updating. Make this home your own!!!

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

Closing Costs

Mortgage Amount
$519,920
Land Transfer Taxes$9,473
Legal Fees (Est.)
$
Total cash required for closing$140,953

Total Monthly Obligation

$3,427/mo
Mortgage $2,622
Monthly Loss $2,737
Principal$690
Interest$1,932
Property Tax$430
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.9%2
5-Year IRR
11.0%42
10-Year IRR
11.4%
Returns Index
22.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$36,468/yr
NOI
$23,157/yr
Net Cash Flow
-$692/mo
Cash Margin
-22.8%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7411
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
25.2/ 100

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

Comparables

Properties near 88 Lees Avenue

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.