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Investment signal

$358,888

397 BAYVIEW DRIVE

Save this home

Beds

2

Baths

1

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

Waterfront Lifestyle Awaits! Welcome to one of the most charming bungalows in Constance Bay, where comfort, style, and lifestyle come together in this well maintained 2-bedroom, 1-bathroom open-concept home set on an impressive 75 ft x 125 ft lot in a sought-after waterfront community. From the moment you step inside, you're greeted by an abundance of natural light, a spacious front entrance, and a versatile den area perfect for a home office or cozy retreat. The open-concept design seamlessly connects the dining and living spaces, highlighted by a gas-burning fireplace capable of efficiently heating the home throughout the winter. The renovated kitchen features a stunning butcher block island, ample workspace, and a separate eating area with large patio doors leading to a generous private deck and backyard-ideal for entertaining or relaxing. Both bedrooms are bright and well-sized, and the home's smart, functional layout makes it feel more spacious than expected while remaining easy to maintain-perfect as a full-time residence, cottage, or investment property. Enjoy outdoor living with public water access directly across the street, along with the convenience of Bell Fibe internet, and a location just 20 minutes to Kanata, close to local restaurants, grocery stores, and the LCBO. Please note the property is tenant-occupied and requires a minimum of 24 hours' notice for all showings. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
9301 - Constance Bay
Common interest
Freehold
Lot dimensions
75 x 125 FT
Bedrooms
2 above grade
Parking
6 total
Stories
1
Fireplace
1
On market
Mar 27, 2026
Status changed
Apr 24, 2026
Annual tax
$2,020 (2025)
Photos
15
MLS#
X12930054
Area
OTTAWA

Features and systems

Parking

No Garage

Basement

None

Appliances

WasherRefrigeratorStoveDryer

Heating

Baseboard heatersNot knownNot knownElectricNatural gasOther

Cooling

None
Negative cash flow ~$343/mo at these assumptions

Cash on cash

-5.73%

Cap rate

3.72%

GRM

15.7

Break-even rent

$2,261

Financing

Down payment$71,778
Loan amount$287,110
Mortgage$1,455/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$164
Insurance$80
Maintenance$299
CapEx reserve$150
Vacancy loss$95

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 $1,455/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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