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2607 - Sawmill Creek/Timbermill, Blossom Park - Airport and Area
$999,900
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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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,097 |
| Lot Size | 75 ft x 210 ft |
| mls© Number | X13722164 |
| Listed By | INNOVATION 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.
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 checkValues and trends
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