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Investment signal

$659,000

1372 RIDGEDALE STREET

Save this home

Beds

4

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 1372 Ridgedale - where opportunity meets lifestyle in the heart of Emerald Woods. Nestled in one of Ottawa's most sought-after, family-friendly neighbourhoods, this charming home offers the perfect blend of comfort, convenience and long-term value. With parks, schools, shopping and transit just moments away, it's an ideal setting for families, professionals and savvy investors alike. Step inside to a bright, inviting main level featuring warm hardwood floors, large sun-filled windows and a beautiful eat-in kitchen complete with stainless steel appliances, quartz countertops and custom cabinetry. A dedicated dining space opens seamlessly to a generous backyard - perfect for entertaining, relaxing or future possibilities.The main floor also offers a fully renovated bathroom and a versatile room that can serve as a bedroom or a stylish home office. Upstairs, you'll find two comfortable, light-filled bedrooms with ample storage. The finished lower level adds even more living space, featuring an additional bedroom, bathroom, laundry area, storage and a cozy recreation room with a gas fireplace - ideal for unwinding at the end of the day. But what truly sets this property apart is its potential. Situated on a valuable lot in a high-demand area, this home has been consistently rented since 2022 and presents a rare opportunity: move in, continue generating rental income or reimagine the space and build your custom dream home. Whether you're a homeowner, investor or builder - this is a property that grows with your vision. Don't miss your chance to secure a prime piece of Emerald Woods. Book your showing today. (id:65958)

Subtype
Single Family
Structure
House
Community
2604 - Emerald Woods/Sawmill Creek
Condition
Insulation upgraded
Common interest
Freehold
Lot dimensions
67.7 x 102.7 FT
Bedrooms
3 above grade, 1 below grade
Parking
8 total
Stories
2
Fireplace
1
On market
Mar 27, 2026
Status changed
Apr 24, 2026
Annual tax
$4,096 (2025)
Zoning
Residential R1WW[637]
Photos
37
MLS#
X12929890
Area
OTTAWA

Features and systems

Parking

Detached GarageGarage

Basement

FinishedFull

Appliances

WasherRefrigeratorDishwasherStoveDryerMicrowaveHood Fan

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

BrickStucco

Foundation

Poured Concrete
Negative cash flow ~$742/mo at these assumptions

Cash on cash

-6.76%

Cap rate

3.51%

GRM

16.6

Break-even rent

$4,081

Financing

Down payment$131,800
Loan amount$527,200
Mortgage$2,671/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$302
Insurance$80
Maintenance$549
CapEx reserve$275
Vacancy loss$165

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 $2,671/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.

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