2179 Erinbrook Crescent, Elmvale Acres and Area

$614,900
2179 Erinbrook Crescent

$614,900

New
23d
DetachedBungalow

2179 Erinbrook Crescent, Elmvale Acres and Area

Total Monthly Obligation $3,201

Beds
4
Baths
2
Park
4
Sqft
700-1100
DOM
23d
Score
21
Yield
5.6%
Cash on Cash
-0.1%
Cap Rate
4.6%
5Y IRR
15.5%
10Y IRR
14.5%
Property Type-Detached
MLS® Number-X13845672
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-50 × 110 ft
Listed on site-Sep 30, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,147.03 (2026)
Parking-5 - Carport
Basement-Finished, Full, Development Potential
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE PERFORMANCE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Inground
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-3705 - Sheffield Glen/Industrial Park
Title-Residential Freehold

No agent assigned

Much more than meets the eye, this bright bungalow offers a flexible layout, plenty of living space and excellent potential for multi-generational living or a future income suite. A separate side entrance, basement access from the main entry, an additional bedroom with an egress window, full bathroom with stand-up shower, large recreation room, built-in bar, laundry and storage provide a strong starting point for an in-law suite or future secondary dwelling unit, subject to the required approvals.The freshly painted main floor has neutral colours, laminate flooring throughout and large windows. The spacious eat-in kitchen offers updated cabinetry, generous counter space and a peninsula overlooking the dining area. There are three bedrooms and a full bathroom upstairs, including a third bedroom with direct access to the backyard.Outside, the private yard offers a multi-level deck, wrap-around patio space, mature trees and no rear neighbours. The heated in-ground pool is ready for next summer, while "The Penalty Box" adds a covered outdoor living area with a bar and room to watch the game. There is also a changing room, pool equipment storage and an additional shed. The carport is currently used as a covered sitting area but can easily be returned to parking.The Greenbelt and nearby walking trails are only minutes away, while three Highway 417 access points are within a five-minute drive. Train Yards, the Canada Science and Technology Museum, The Ottawa Hospital and Lynda Lane Park are all close by. Set on a quiet street lined with mature trees, this is the kind of place where neighbours get to know one another and friendships grow over time.

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

Closing Costs

Mortgage Amount
$491,920
Land Transfer Taxes$8,773
Legal Fees (Est.)
$
Total cash required for closing$133,253

Total Monthly Obligation

$3,201/mo
Mortgage $2,480
Monthly Loss $2,548
Principal$653
Interest$1,828
Property Tax$346
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.4%2
5-Year IRR
11.4%45
10-Year IRR
11.7%
Returns Index
23.7/ 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
$34,716/yr
NOI
$22,597/yr
Net Cash Flow
-$597/mo
Cash Margin
-20.6%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7612
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
26.8/ 100

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

Comparables

Properties near 2179 Erinbrook Crescent

Time

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