45 Larkspur Drive, Bells Corners and South to Fallowfield

$750,000
45 Larkspur Drive

$750,000

New
16d
DetachedBungalow

45 Larkspur Drive, Bells Corners and South to Fallowfield

Total Monthly Obligation $3,840

Beds
3
Baths
3
Park
6
Sqft
1500-2000
DOM
16d
Score
19
Yield
5.2%
Cash on Cash
-2.2%
Cap Rate
4.1%
5Y IRR
13.8%
10Y IRR
13.2%
Property Type-Detached
MLS® Number-X13872440
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-80.11 × 106.83 ft
Listed on site-Oct 7, 2026
Style-Bungalow
Building Type-Detached
Taxes-$5,275 (2025)
Parking-8 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP - OTTAWA REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-7804 - Lynwood Village
Title-Residential Freehold

No agent assigned

Lovingly maintained by the same family since 1970, this beautiful 3 bedroom, 2.5 bathroom bungalow with a REAR ADDITION in Bells Corners sits on an impressive 80x106' lot on a family friendly street just steps from a playground and entrance pool with easy access to the NCC greenbelt offering endless trails for walking, biking, and cross country skiing. Step into a bright and airy interior with large windows and hardwood flooring throughout offering a spacious layout featuring a separate living room with wood-burning fireplace, dining room, and an updated eat in kitchen with plenty of cupboard space that opens to the bright, cozy rear addition family room. The primary bedroom has a powder room ensuite, while two additional bedrooms share the family bathroom, completing the upper level. The lower level offers an abundance of space for a family room, work from home office, gym or hobby room, with potential for a fourth bedroom already in place. Spacious laundry room, an abundance of storage space & cold storage, and a roughed in kitchenette area create additional possibilities for the basement, making it ideal for multigenerational living with direct access from the back door. Rarely offered TWO CAR GARAGE plus driveway parking for all your guests. The hedged backyard is perfect for entertaining with plenty of room to run, play, BBQ, and relax with a storage shed in place for more outdoor gear. Ideally located close to elementary & high schools, shopping, transit, the Carling DND campus, and Queensway Carleton Hospital, this is a wonderful opportunity to enjoy the next chapter in this special family home.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$600,000
Land Transfer Taxes$11,475
Legal Fees (Est.)
$
Total cash required for closing$162,975

Total Monthly Obligation

$3,840/mo
Mortgage $3,025
Monthly Loss $3,044
Principal$796
Interest$2,229
Property Tax$440
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.0%1
5-Year IRR
10.1%36
10-Year IRR
10.7%
Returns Index
19.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$38,712/yr
NOI
$25,066/yr
Net Cash Flow
-$936/mo
Cash Margin
-29.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
22.7/ 100

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

Comparables

Properties near 45 Larkspur Drive

Time

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