2524 Hopkins Road, Britannia Heights - Queensway Terrace N and Area

$669,900
2524 Hopkins Road

$669,900

New
9d
DetachedBungalow

2524 Hopkins Road, Britannia Heights - Queensway Terrace N and Area

Total Monthly Obligation $3,406

Beds
3
Baths
2
Park
3
Sqft
700-1100
DOM
9d
Score
20
Yield
5.2%
Cash on Cash
-1.7%
Cap Rate
4.2%
5Y IRR
14.2%
10Y IRR
13.6%
Property Type-Detached
MLS® Number-X14030084
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-52 × 97 ft
Listed on site-Oct 14, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,943.64 (2026)
Parking-3 - None
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-6203 - Queensway Terrace North
Title-Residential Freehold

No agent assigned

Welcome to 2524 Hopkins Road! Nestled in the established and family-friendly Queensway Terrace North neighbourhood, this charming brick bungalow offers the perfect combination of comfort, thoughtful updates, and an unbeatable location! Featuring 3 bedrooms on the main level, an additional bedroom downstairs, and 2 full bathrooms, this home offers flexibility for growing families, downsizers, or those looking for additional living space. Step inside to discover beautifully refinished hardwood floors, a bright and inviting living room with a lovely bay window, and a functional eat-in kitchen featuring ample cabinetry and storage. The main floor also boasts a beautifully renovated bathroom (2023), complete with a modern glass-enclosed shower and stylish finishes. Downstairs, the finished basement provides a spacious recreation room, additional bedroom, second full bathroom, laundry area, and generous storage space. Numerous improvements offer added peace of mind, including a NEW gas furnace and central air conditioning (2026), rebuilt chimney (2026), updated eavestroughs (2026), new front walkway and step (2026), basement flooring (2025), and electrical updates. Outside, enjoy a generously sized, fully fenced backyard with plenty of room for children, pets, entertaining, or simply relaxing. A patio area, garden space, storage shed, and parking for 3 vehicles complete the package. Location is another standout feature! Surrounded by mature trees and greenspace, this welcoming neighbourhood offers convenient access to schools, parks, walking and cycling trails, shopping, transit, the Ottawa River pathways, and major commuter routes. A wonderful opportunity to own a well-cared-for bungalow in a neighbourhood where generations of families have loved calling home!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$535,920
Land Transfer Taxes$9,873
Legal Fees (Est.)
$
Total cash required for closing$145,353

Total Monthly Obligation

$3,406/mo
Mortgage $2,702
Monthly Loss $2,695
Principal$711
Interest$1,991
Property Tax$329
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.6%2
5-Year IRR
10.4%38
10-Year IRR
10.9%
Returns Index
20.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$34,800/yr
NOI
$22,876/yr
Net Cash Flow
-$796/mo
Cash Margin
-27.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
24.9/ 100

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

Comparables

Properties near 2524 Hopkins Road

Time

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