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Investment signal

$735,000

286 CAMBRIDGE STREET AVENUE N

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Beds

2

Baths

4 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

An incredible opportunity awaits at 286 Cambridge Street North, a modern and stylish urban townhome currently tenant-occupied and rented at $3,350/month until October 2026- offering immediate rental income in a prime downtown location or time to plan your move in and occupy! Within walking distance to the Rideau Canal, Dows Lake, Little Italy, Chinatown, and the Corso Italia subway station, this home offers easy access to some of Ottawa's best dining, recreation, and cultural attractions. Designed with functionality and style in mind, this townhome features two spacious bedrooms and 3.5 bathrooms, including a fully finished basement with full bathroom, offering flexible options for recreation, fitness, at-home work or use as a guest suite. The ground floor offers a dedicated den, making it an ideal space for at-home work, creative pursuits, or additional living needs. Hardwood flooring extends throughout the home, complemented by beautifully upgraded wood staircases that add warmth and elegance to every level. The upgraded kitchen is a true showstopper, featuring sleek quartz countertops, extensive cabinetry with custom drawers and cupboards, and premium finishes that blend beauty and practicality. The brand-new custom windows and doors, installed in 2024, allow natural light to fill the space, further complemented by custom high-end blinds, including blackout and insulating options in the primary bedroom for enhanced comfort. A newly installed high-efficiency air conditioning system, also in 2024, ensures year-round climate control. A private garage provides secure parking while also offering ample additional shelving and storage space, perfect for seasonal items, sports equipment, or extra household essentials. The house also includes two rather large balconies to enjoy your morning coffee! (id:65958)

Subtype
Single Family
Structure
Row / Townhouse
Community
4205 - West Centre Town
Common interest
Freehold
Lot dimensions
12 x 61.5 FT
Bedrooms
2 above grade
Parking
1 total
Stories
3
On market
Apr 2, 2026
Status changed
Apr 24, 2026
Annual tax
$5,789.5
Photos
48
MLS#
X12949132
Area
OTTAWA

Features and systems

Parking

Attached GarageGarage

Basement

None

Appliances

WasherRefrigeratorDishwasherStoveDryerWindow Coverings

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Stucco

Foundation

Concrete
Negative cash flow ~$824/mo at these assumptions

Cash on cash

-6.72%

Cap rate

3.52%

GRM

16.7

Break-even rent

$4,542

Financing

Down payment$147,000
Loan amount$588,000
Mortgage$2,979/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$337
Insurance$80
Maintenance$613
CapEx reserve$306
Vacancy loss$184

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 $2,979/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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