5579 Lombardy Drive, Greely - Metcalfe - Osgoode - Vernon and Area

$1,169,000
5579 Lombardy Drive

$1,169,000

New
8d
DetachedBungalow

5579 Lombardy Drive, Greely - Metcalfe - Osgoode - Vernon and Area

Total Monthly Obligation $5,566

Beds
3
Baths
3
Park
9
Sqft
2000-2500
DOM
8d
Yield
2.9%
Cash on Cash
-11.2%
Cap Rate
2.2%
5Y IRR
6.8%
10Y IRR
7.8%
Property Type-Detached
MLS® Number-X14080468
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-144.42 × 216.33 ft
Listed on site-Oct 15, 2026
Style-Bungalow
Building Type-Detached
Taxes-$5,710 (2026)
Parking-12 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-ENGEL & VOLKERS OTTAWA
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas
Pool-None
Facing-North
Exterior-Brick Front, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Septic
Possession-TBD
Neighbourhood-1603 - Osgoode
Title-Residential Freehold

No agent assigned

Discover the quality and comfort of this exceptional custom-built Ian Drew home, tucked away on an exclusive cul-de-sac with no rear neighbours. Beautifully maintained, it features attractive landscaping, a stone walkway, raised garden beds, and an oversized paved driveway with additional side parking. The impressive 30' x 16' covered rear deck features a vaulted cedar ceiling and low-maintenance composite decking, creating the perfect space to entertain or relax in privacy. A premium storage/work shed and RainBird 9-zone irrigation system complete the backyard. Inside, 9-foot ceilings complement the open-concept living, dining, and kitchen areas, featuring hardwood floors, granite countertops, and a cozy gas fireplace. The spacious primary suite offers a walk-in closet and ensuite with a walk-in shower and soaker tub. Two additional bedrooms, one with a vaulted ceiling, share a full bath. A main-floor laundry/mudroom and powder room add convenience, while the versatile loft is ideal for a home office, media room, or additional lounge space. The expansive lower level offers endless potential for a recreation room, gym, or future finishing. The oversized 3-car garage is insulated and drywalled, with a full rear garage door for backyard access and hot and cold water taps. Additional features include a Kinetico water system, updated hot water tank and pressure tank, a fully serviced system and a GenerLink 240V generator connection. Offering quality craftsmanship, thoughtful design, and an impressive list of features, this home is an excellent opportunity for buyers seeking space, privacy, and comfort. Enjoy walking distance to Foodland, No Go Coffee, Red Dot Cafe, and the Osgoode Link Pathway, a scenic trail spanning over 20 km and connecting Osgoode to Leitrim Road and the new LRT station.

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Closing Costs

Mortgage Amount
$935,200
Land Transfer Taxes$19,855
Legal Fees (Est.)
$
Total cash required for closing$255,155

Total Monthly Obligation

$5,566/mo
Mortgage $4,715
Monthly Loss $4,325
Principal$1,241
Interest$3,475
Property Tax$476
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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

Comparables

Properties near 5579 Lombardy Drive

Time

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