$849,000
916 Iroquois Road
McKellar Heights/Glabar Park, Ottawa
- 3 bd
- 2 ba
- House
1 / 24
$598,000
McKellar Heights/Glabar Park, Ottawa, ON K2A1N6 · MLS® X13827114
Ground floor opportunity to locate in Glabar park at a fantastic price. A sought-after, quiet, tree-filled neighborhood, close to many schools and bus routes. This ideal location gives great access to the Queensway, Carlingwood shopping center and the Fairlawn plaza. The brick bungalow itself has great bones and the hardwood floors are in good shape. Most windows have been upgraded over the years, as were the washer, dryer and stainless steel fridge. It was re-shingled in 2017. A high-efficiency gas furnace was installed in Oct, 2020 and the central air most recently in August, 2021. L-shaped living room, dining room. 3 good-sized bedrooms with a patio door off the middle bedroom to the deck and a very private backyard. There is a wood burning fireplace, although it hasn't been used in years, that could be converted to a gas fireplace as an alternative. Stairs off the kitchen lead to the lower level rec room and there is plenty of storage and room for a workshop. (id:65933)
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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.
Listed by Re/Max Hallmark Realty Group.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.