926 Elsett Drive, Elmvale Acres and Area

$749,500
926 Elsett Drive

$749,500

New
6d
DetachedBungalow

926 Elsett Drive, Elmvale Acres and Area

Total Monthly Obligation $3,777

Beds
3
Baths
3
Park
2
Sqft
700-1100
DOM
6d
Score
19
Yield
4.8%
Cash on Cash
-3.6%
Cap Rate
3.8%
5Y IRR
12.7%
10Y IRR
12.4%
Property Type-Detached
MLS® Number-X14090808
Beds-3
Bathrooms-3
Size-700-1100 sqft
Lot Size-74 × 100 ft
Listed on site-Oct 17, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,540 (2026)
Parking-3 - Carport
Basement-Finished, Full, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Wood
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-3703 - Elmvale Acres/Urbandale
Title-Residential Freehold

No agent assigned

Welcome to this bright, updated bungalow on a quiet street in the established neighbourhood of Elmvale Acres. A covered front porch offers a welcoming place to relax, while the large, private lot features mature trees and plenty of outdoor space. The main level includes three bedrooms, hardwood floors, and a kitchen remodelled in 2021/2026 with granite countertops and backsplash.The finished basement offers a family room, full bathroom, and two versatile bonus rooms, ideal for a home office, gym, guest space or future bedrooms. A back door leading to the basement adds potential for a future in-law suite. With two full bathrooms and a convenient carport, this home offers flexible living space inside and out. Enjoy nearby schools and recreation, with Canterbury Arena and Pool within walking distance and the Ottawa Hospital General Campus a short drive away.

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$599,600
Land Transfer Taxes$11,465
Legal Fees (Est.)
$
Total cash required for closing$162,865

Total Monthly Obligation

$3,777/mo
Mortgage $3,023
Monthly Loss $2,981
Principal$796
Interest$2,228
Property Tax$378
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.2%1
5-Year IRR
9.2%30
10-Year IRR
9.9%
Returns Index
16.1/ 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
$35,676/yr
NOI
$23,068/yr
Net Cash Flow
-$1,101/mo
Cash Margin
-37.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
22.4/ 100

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

Comparables

Properties near 926 Elsett Drive

Time

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