1 / 38
Investment signal

$839,900

1197 DEER PARK ROAD

Save this home

Beds

5

Baths

2

Sqft

Year

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ottawa. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to 1197 Deer Park Road! An ideal 5-Bedroom + DEN, Side-Split investment in Fisher Heights - Income & Future Potential. Welcome to this beautifully maintained 5-bedroom side-split home in the sought-after community of Fisher Heights, ideally situated on a premium 75 x 100 ft corner lot. Currently generating approximately $5,000/month in rental income, this property presents an exceptional opportunity for investors or homeowners seeking strong cash flow with long-term upside.The upper level features three spacious bedrooms and a beautifully updated bathrooms (2021, 2024). The bright, open-concept living and dining area is ideal for entertaining. A thoughtfully designed kitchen and mudroom addition (2020) includes updated electrical and insulation in the renovated section. Furnace replaced in 2020, AC replaced in 2022 .The lower level offers a fourth & fifth bedroom, providing flexibility for family living or rental configuration. The generous 75 x 100 ft lot offers excellent future development potential, making this a rare opportunity in a prime location. Steps to shopping, schools, public transit, a private tennis club across the street, and a nearby park. A versatile property offering strong income, comfortable living, and outstanding future potential. Hot water tank $29/month(approx) (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
7201 - City View/Skyline/Fisher Heights/Parkwood Hills
Common interest
Freehold
Lot dimensions
100 x 75 FT
Bedrooms
3 above grade, 2 below grade
Parking
8 total
Stories
1
Fireplace
Yes
On market
Feb 28, 2026
Status changed
Apr 24, 2026
Annual tax
$5,277 (2025)
Zoning
RESIDENTIAL
Photos
38
MLS#
X12829094
Area
OTTAWA

Features and systems

Parking

Attached GarageGarage

Basement

FinishedN/A

Appliances

WasherRefrigeratorDishwasherStoveDryerMicrowave

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

StuccoVinyl siding

Foundation

Concrete

Lot

Irregular lot size
Negative cash flow ~$929/mo at these assumptions

Cash on cash

-6.64%

Cap rate

3.54%

GRM

16.7

Break-even rent

$5,178

Financing

Down payment$167,980
Loan amount$671,920
Mortgage$3,405/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$385
Insurance$80
Maintenance$700
CapEx reserve$350
Vacancy loss$210

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $3,405/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

We use a single cookie to remember if you’ve dismissed this notice and a no-PII analytics ping. By using this site you consent. Privacy.