13 Picasso Drive, Hunt Club - South Keys and Area

$699,900
13 Picasso Drive

$699,900

New
8d
Detached2-Storey

13 Picasso Drive, Hunt Club - South Keys and Area

Total Monthly Obligation $3,657

Beds
3
Baths
3
Park
4
Sqft
1500-2000
DOM
8d
Score
27
Yield
7.0%
Cash on Cash
5.4%
Cap Rate
5.7%
5Y IRR
19.9%
10Y IRR
18.2%
Property Type-Detached
MLS® Number-X14080728
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-39.99 × 100.06 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$5,508.22 (2026)
Parking-6 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ENGEL & VOLKERS OTTAWA
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-3808 - Hunt Club Park
Title-Residential Freehold

No agent assigned

Welcome to 13 Picasso Drive, a spacious 3-bedroom, 3-bathroom detached home in family-friendly Hunt Club Park. Set on a 40' x 100' lot with no rear neighbours, this Richcraft-built home offers generous living space, a double-car garage and a versatile finished lower level. The bright main floor features hardwood and tile flooring, with a comfortable layout that connects the principal living spaces. The spacious eat-in kitchen has extensive wood cabinetry, stainless steel appliances and a mosaic tile backsplash, while the adjoining dining area provides direct access to the rear deck. A welcoming living room and rear family area offer plenty of space for everyday living and formal entertaining. Upstairs, an impressive family room is highlighted by a vaulted ceiling, corner gas fireplace and dramatic arched windows that fill the space with natural light. The primary bedroom includes a private ensuite, while two additional bedrooms and a full bathroom complete the level. The finished basement extends the living space with an open recreation area, additional flexible rooms, and a full bathroom, providing options for guests, a home office, a gym, or extended family living. Outside, the fenced backyard offers a spacious deck, mature trees, a storage shed and a peaceful setting with no rear neighbours. Families will appreciate this home's proximity to multiple elementary and high schools, the Greenboro Community Centre and the Ottawa Public Library's Greenboro branch. The property is also located near several parks, a series of walking paths, Conroy Pit, and shopping at South Keys and St Laurent shopping centres. The neighbourhood's well-connected public transit, with multiple bus lines and proximity to an O-Train stop, makes for easy access to downtown and the airport. This versatile family home is well suited to those looking for a relaxed neighbourhood lifestyle while remaining just a short drive from the city!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$559,920
Land Transfer Taxes$10,473
Legal Fees (Est.)
$
Total cash required for closing$151,953

Total Monthly Obligation

$3,657/mo
Mortgage $2,823
Monthly Loss $2,914
Principal$743
Interest$2,080
Property Tax$459
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.8%36
Cash-on-Cash
-0.1%7
5-Year IRR
15.7%75
10-Year IRR
15.1%
Returns Index
40.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
27/ 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
$48,672/yr
NOI
$33,797/yr
Net Cash Flow
-$7/mo
Cash Margin
-0.2%5
Cash Flow Index
4.6/ 100
Risk Profile
Weight: 20%
DSCR
1.0027
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
28.9/ 100

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

Comparables

Properties near 13 Picasso Drive

Time

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