8399 Rowan Drive, Greely - Metcalfe - Osgoode - Vernon and Area

$1,049,900
8399 Rowan Drive

$1,049,900

New
39d
DetachedSidesplit

8399 Rowan Drive, Greely - Metcalfe - Osgoode - Vernon and Area

Total Monthly Obligation $4,922

Beds
4
Baths
3
Park
6
Sqft
2000-2500
DOM
39d
Score
16
Yield
3.8%
Cash on Cash
-6.6%
Cap Rate
3.2%
5Y IRR
10.4%
10Y IRR
10.5%
Property Type-Detached
MLS® Number-X13785902
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-171.09 × 91.34 ft
Listed on site-Sep 14, 2026
Style-Sidesplit
Building Type-Detached
Age-31-50
Taxes-$3,742 (2026)
Parking-9 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-EXIT REALTY MATRIX
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Septic
Possession-TBD
Neighbourhood-1602 - Metcalfe
Title-Residential Freehold

No agent assigned

A showpiece three-car garage, one truly unforgettable Metcalfe bungalow! Escape the pace of the city without giving up convenience. Set on a beautifully landscaped half-acre corner lot in the welcoming community of Metcalfe, 8399 Rowan Drive offers peaceful country living within an easy commute of Ottawa. The home has undergone extensive updates in recent years, including new flooring, dual furnaces and air-conditioning units, a renovated lower-level guest suite and bathroom, new patios and lighting, significant garage improvements, and more. Inside, the bright, open-concept main level is designed for comfortable everyday living and effortless entertaining. Generous principal rooms are complemented by three bedrooms, two full bathrooms, main-floor laundry, and a versatile bonus room with its own private deck - ideal as a home office, fitness studio, family lounge, or creative space. The finished lower level adds even more flexibility with a guest suite, updated bathroom, and spacious recreation area. Outdoors, mature trees create a private and inviting retreat. A spacious rear deck, multiple patios, gazebo, and enclosed hot tub provide the perfect setting for summer barbecues, morning coffee, and relaxing at the end of the day. The standout feature is the exceptional heated three-car garage, a dream space for automotive enthusiasts, entrepreneurs, collectors, and serious hobbyists. Premium epoxy flooring, custom high-lift garage doors, a mechanic's pit, and a vehicle lift create a workshop that is every bit as impressive as the home itself. With natural gas service, a drilled well, an updated septic system, and major mechanical improvements already completed, this property offers comfortable living today and confidence for the future. For those seeking more space, an exceptional automotive workshop, and a country lifestyle without sacrificing access to Ottawa, 8399 Rowan Drive is in a class of its own.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$839,920
Land Transfer Taxes$17,473
Legal Fees (Est.)
$
Total cash required for closing$228,953

Total Monthly Obligation

$4,922/mo
Mortgage $4,235
Monthly Loss $3,807
Principal$1,114
Interest$3,121
Property Tax$312
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.4%1
5-Year IRR
7.4%20
10-Year IRR
8.5%
Returns Index
11.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$39,600/yr
NOI
$27,398/yr
Net Cash Flow
-$1,952/mo
Cash Margin
-59.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo30
Risk Index
18.1/ 100

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

Comparables

Properties near 8399 Rowan Drive

Time

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