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Investment signal

$589,900

201 ETHEL STREET

Save this home

Beds

4

Baths

3

Sqft

Year

Type

Single Family

Suite

Investment signal

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

SINGLE FAMILY HOME DIVIDED WITH TWO EXTRA UNITS IN LOWER LEVEL. ONE UNIT VACANT, GREAT OPPORTUNITY TO LEGALIZE AS A TRIPLEX OR CONVERT BACK TO A SINGLE FAMILY HOME (id:65958)

Subtype
Single Family
Architectural style
Raised bungalow
Structure
House
Community
3402 - Vanier
Common interest
Freehold
Lot dimensions
33 x 95 FT
Bedrooms
2 above grade, 2 below grade
Parking
4 total
Stories
1
On market
Feb 27, 2026
Status changed
Apr 24, 2026
Annual tax
$3,421 (2025)
Photos
13
MLS#
X12827406
Area
OTTAWA

Features and systems

Parking

Attached GarageGarage

Basement

FinishedN/A

Heating

Forced airNatural gas

Cooling

None

Exterior

BrickStucco

Foundation

Block
Negative cash flow ~$676/mo at these assumptions

Cash on cash

-6.88%

Cap rate

3.49%

GRM

16.7

Break-even rent

$3,662

Financing

Down payment$117,980
Loan amount$471,920
Mortgage$2,391/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$270
Insurance$80
Maintenance$492
CapEx reserve$246
Vacancy loss$148

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 $2,391/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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