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Listed 2 months ago

3653 Albion Road

2607 - Sawmill Creek/Timbermill, Blossom Park - Airport and Area

$999,900

Detached|Bungalow
3 | 3 | 5
About this home

Income-Generating Bungalow with Legal Basement Apartment & Development Potential; welcome to 3653 Albion Road, a fantastic opportunity for homeowners, investors and developers alike! This well-located 3-bedroom bungalow offers comfortable main-floor living along with a recently finished legal basement apartment featuring a separate entrance and separate Hydro meter. The basement apartment includes 2 bedrooms, a kitchen, living area, and 2 bathrooms, providing an excellent opportunity for rental income or extended-family living.The property also features a very deep backyard, offering plenty of outdoor space and significant future potential. With N2B zoning, the property presents an attractive opportunity for buyers looking to explore future redevelopment possibilities, subject to City of Ottawa approvals and applicable zoning requirements. Convenient location close to Bank Street and Hunt Club Road, minutes to South Keys Shopping Centre, easy access to Ottawa International Airport, public transit, shopping, restaurants, schools and major roadways. Whether you're looking for a home with income potential, a property suitable for multigenerational living, or an investment with future development possibilities, 3653 Albion Road offers a unique combination of location, functionality and opportunity. A great opportunity for homeowners and investors - don't miss it!

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agent
Ephy Bookbinder
(416) 838-4804
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,097
Lot Size75 ft x 210 ft
mls© NumberX13722164
Listed ByINNOVATION REALTY LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,118
Property tax
$341
Heat allowance
$150
Housing costs
$5,609 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $199,980
25-yr amortization

Income needed

$173,000

gross annual household income

Payment at 4%
$4,208 / mo
Cash down
$199,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Values and trends

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