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1986 FAIRBANKS AVENUE
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Beds
5
Baths
4 full + 1 half
Sqft
—
Year
—
Type
Single Family
On market
41d
Open House Thursday April 30th 11-1pm! Situated close to the General and CHEO Hospitals, shopping, parks and transit this great 3 + bedroom bungalow offers generous room sizes and a wonderful space to have family and friends alike share. The generous welcoming foyer offers double french doors entry to the living room featuring a newer gas fireplace for those cool evenings. The kitchen is straight ahead from the foyer, featuring newer cabinetry with corian counters and lots of cabinetry, as well as a large eating area that could easily be used as a tv room/family room. The formal dining room is off the kitchen and is currently being used as a fitness area. Just down the hallway from the foyer through a french door is the primary bedroom with ensuite plus 2 other bedrooms and the main 5 piece bath A generous mud room entry is accessed from both the rear patio area and the garage. The lower level has had the sound dampening added in the ceilings. Great in-law suite with generous sized living room and eating area, as well as 2 bedrooms and separate laundry. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Foyer | 4.31 × 1.51 meters | |
| Den | 5.64 × 4.58 meters | |
| Living room | 5.89 × 3.41 meters | |
| Kitchen | 3.97 × 2.73 meters | |
| Bedroom | 4.5 × 4.21 meters | |
| Bedroom | 4.17 × 3.59 meters | |
| Bathroom | 2.34 × 1.94 meters | |
| Laundry room | 3.74 × 3.17 meters | |
| Utility room | 7.47 × 2.4 meters |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Foyer | 4.31 × 1.51 meters | |
| Living room | 5.35 × 4.31 meters | |
| Eating area | 4.41 × 3.19 meters | |
| Kitchen | 4.64 × 4.28 meters | |
| Dining room | 3.99 × 3.01 meters | |
| Primary Bedroom | 4.76 × 4.56 meters | |
| Bedroom 2 | 3.73 × 3.05 meters | |
| Bedroom 3 | 3.42 × 3.33 meters | |
| Bathroom | 3.73 × 2.47 meters | |
| Partial bathroom | 2.13 × 0.97 meters |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-0.79%
Cap rate
4.71%
GRM
13.9
Break-even rent
$7,059
Financing
Operating expenses (monthly)
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Approximation 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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 12, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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.