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Investment signal

$1,190,000

2392 8TH LINE ROAD

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Beds

8

Baths

5 full + 1 half

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

Multi-Generational Living + Income Potential on a Private Country Estate. This expansive estate offers a lifestyle built around flexibility, opportunity, and connection, perfect for multigenerational living, home-based businesses, or those seeking additional income potential, all within an easy commute to Ottawa. This character-filled century home blends timeless charm with thoughtful modern updates, offering over 3,000 sq ft of living space across multiple levels. Inside, you'll find beautifully defined living and dining areas alongside a chef-inspired kitchen designed for gathering, complete with ceiling-height cabinetry, built-in appliances, and a large island that anchors the home. The adjoining family room and sunroom create warm, inviting spaces for relaxing or entertaining while overlooking the peaceful surroundings. With 8+ bedrooms and multiple flexible spaces, this home adapts effortlessly to your needs, whether that's accommodating a large family, creating dedicated office zones, or setting up hobby and studio spaces. A main-floor primary suite with an ensuite and accessibility features makes single-level living possible, while upper levels provide room for growing families or private guest quarters. What truly sets this property apart is the detached garage with a self-contained 2-bedroom apartment, an incredible opportunity for rental income, Airbnb potential, or private in-law accommodations. Outside, the lifestyle continues. Located just minutes from the village of Metcalfe, you'll enjoy access to local shops, schools, parks, and recreation, with nearby Greely and Russell adding even more amenities. Commuting is seamless, with Ottawa just 30 minutes away, making it easy to balance rural tranquillity with city convenience. Whether you're dreaming of running a home-based business, investing in income opportunities, or simply creating space for everyone under one roof, this is more than a home; it's a lifestyle designed to grow with you. (id:65958)

Subtype
Single Family
Structure
House
Community
1602 - Metcalfe
Common interest
Freehold
Lot dimensions
242.4 x 243.1 FT
Bedrooms
7 above grade, 1 below grade
Parking
16 total
Stories
3
Fireplace
2
On market
Apr 9, 2026
Status changed
Apr 24, 2026
Annual tax
$5,131.47
Zoning
Residential RU
Photos
50
MLS#
X12979496
Area
OTTAWA

Features and systems

Parking

Detached GarageGarage

Basement

FinishedFull

Appliances

WasherRefrigeratorDishwasherOvenDryerCooktopFreezerWindow Coverings

Heating

Forced airPropane

Cooling

Central air conditioning

Exterior

Brick

Foundation

StonePoured Concrete

Lot

Irregular lot sizeCarpet FreeGuest SuiteIn-Law Suite

Pool

Above ground pool

Utilities

ElectricityCable

Security

Alarm system
Negative cash flow ~$1,284/mo at these assumptions

Cash on cash

-6.47%

Cap rate

3.57%

GRM

16.7

Break-even rent

$7,302

Financing

Down payment$238,000
Loan amount$952,000
Mortgage$4,824/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$545
Insurance$80
Maintenance$992
CapEx reserve$496
Vacancy loss$298

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 $4,824/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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