489 Evered Avenue, Westboro - Hampton Park

$1,750,000
489 Evered Avenue

$1,750,000

New
10d
Detached2-Storey

489 Evered Avenue, Westboro - Hampton Park

Total Monthly Obligation $8,431

Beds
6
Baths
4
Park
3
Sqft
2500-3000
DOM
10d
Score
15
Yield
3.8%
Cash on Cash
-7.7%
Cap Rate
2.9%
5Y IRR
9.5%
10Y IRR
9.9%
Property Type-Detached
MLS® Number-X14033654
Beds-6
Bathrooms-4
Size-2500-3000 sqft
Lot Size-50 × 178.5 ft
Listed on site-Oct 13, 2026
Style-2-Storey
Building Type-Detached
Taxes-$11,964 (2025)
Parking-3 - None
Basement-Apartment, Separate Entrance, Finished, Walk-Up, Full
Heating-Baseboard (Electric)
Brokerage-RE/MAX DELTA REALTY TEAM
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Stone, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-30-59 days
Neighbourhood-5003 - Westboro/Hampton Park
Title-Residential Freehold

No agent assigned

Welcome to this beautifully renovated home in the heart of Westboro, offering modern luxury, generous living spaces, and exceptional backyard privacy. Situated on a rare 50 x 178 ft lot, this 4+2 bedroom home offers approximately 3,870 sq. ft. of total living space, with nearly $300,000 invested in renovations from 2021-2023. The main and second floors were professionally designed by award-winning designer Tanya Collins, showcasing a warm, modern aesthetic throughout. The oversized living room overlooks the expansive, tree-lined backyard, offering a private retreat rarely found in the city. The stunning chef's kitchen features an oversized island, marble-look quartz countertops, custom cabinetry and premium appliances, including a Wolf gas range, Miele steam oven, Fisher & Paykel panel-ready fridge and freezer, and Bosch dishwasher. The formal dining room features elegant white oak ceiling accents, while a versatile main-floor office/family room and rear mudroom add everyday functionality. Hunter Douglas custom blinds throughout, including motorized living room blinds. Upstairs, the spacious primary suite offers a luxurious 5-piece ensuite and walk-in closet with built-in organizers, complemented by additional bedrooms and convenient second-floor laundry. The main residence features 2.5 bathrooms, while the separate 2-bedroom in-law suite includes its own kitchen, full bathroom, laundry, and private walk-up entrance, ideal for multi-generational living. Additional basement space offers flexibility for a home gym, recreation room, or family lounge. Ideally located steps from Westboro's vibrant shops, restaurants, schools, parks, grocery stores, and Westboro Beach, this exceptional property combines sophisticated design, versatile living, and an expansive private backyard in one of Ottawa's most desirable neighbourhoods.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,400,000
Land Transfer Taxes$31,475
Legal Fees (Est.)
$
Total cash required for closing$382,975

Total Monthly Obligation

$8,431/mo
Mortgage $7,059
Monthly Loss $6,573
Principal$1,858
Interest$5,201
Property Tax$997
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.9%1
5-Year IRR
7.0%18
10-Year IRR
8.2%
Returns Index
10.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$66,840/yr
NOI
$43,692/yr
Net Cash Flow
-$3,418/mo
Cash Margin
-61.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
1.1 mo19
Risk Index
13.9/ 100

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

Comparables

Properties near 489 Evered Avenue

Time

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