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Investment signal

$1,100,000

26 MAJESTIC DRIVE

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Beds

Baths

Sqft

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Year

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Type

Single Family

Suite

Investment signal

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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

Steps from Algonquin College - Fully Legal Renovated Bungalow with Two Units (4+3 Beds). Exceptional income or multi-family opportunity in a prime location. This fully legal, renovated detached bungalow offers two self-contained units with separate entrances, featuring 3 new full bathrooms, 2 quartz-countertop kitchens, and stainless steel appliances. The main floor includes a bright family room, kitchen, dining area, laundry, 4 bedrooms, and a full bath. The lower unit offers its own kitchen, laundry, 3 bedrooms, and 2 full bathrooms (including en-suite) with large windows for excellent natural light . Major upgrades completed in 2024 (furnace, A/C, hot water tank). Located 5 minutes from Algonquin College, steps to transit, and close to Baseline Rd & Hunt Club. Parking for up to 5 vehicles with a covered carport and long double driveway. Two separate hydro meters.Vacant, move-in ready. Projected rent: $6,000/month. (id:65958)

Subtype: Single Family
Architectural style: Bungalow
Structure: House
Community: 7606 - Manordale
Common interest: Freehold
Lot dimensions: 75 x 100 FT
Bedrooms: 7 above grade
Parking: 5 total
Stories: 1
On market: Feb 4, 2026
Status changed: Apr 24, 2026
Annual tax: $4,350
Photos: 38
MLS#: X12759412
Area: OTTAWA

Features and systems

Parking

GarageCarport

Basement

FinishedWalk outN/A

Heating

Forced airNatural gas

Cooling

Central air conditioningAir exchanger

Exterior

Brick

Foundation

Poured Concrete

Lot

Carpet Free

Negative cash flow ~$1,193/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.51%

Cap rate

3.56%

GRM

16.7

Break-even rent

$6,756

Financing

Down payment$220,000

Loan amount$880,000

Mortgage$4,459/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$504

Insurance$80

Maintenance$917

CapEx reserve$458

Vacancy loss$275

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 $4,459/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.