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Investment signal

$929,900

6030 BANK STREET

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Beds

Baths

Sqft

—

Year

—

Type

Single Family

Suite

Suite potential

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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

Experience the perfect blend of residential comfort and commercial potential at 6030 Bank Street, offering sought-after VM3 zoning in a rapidly developing area right across from the new plaza. This unique property includes a separate 1-bedroom unit above a double-car detached garage, ideal for rental income, an in-law suite, or a home business setup. The main home features an inviting open-concept layout with hardwood floors throughout, high vaulted ceilings, and beautiful wood trim that adds warmth and character. Large windows flood the space with natural light, while the updated kitchen offers abundant cabinetry and granite countertops. The spacious main home includes 3 bedrooms and 2 full bathrooms (one on each level), providing comfort and convenience for families of all sizes. The fully finished basement extends your living space with a generous rec room and an additional full bath with a stand-up shower. Sitting on 0.3 acres, the backyard is private and expansive-perfect for entertaining or future enhancements. With its flexible zoning, income-generating potential, and prime location in a growing community, this property is a rare opportunity you don't want to miss. (id:65958)

Subtype: Single Family
Architectural style: Bungalow
Structure: House
Community: 1601 - Greely
Common interest: Freehold
Lot dimensions: 100 x 152 FT ; 0
Bedrooms: 3 above grade, 0 below grade
Parking: 8 total
Stories: 1
Fireplace: 1
On market: Jan 15, 2026
Status changed: Apr 24, 2026
Annual tax: $4,705
Zoning: Vm3
Photos: 28
MLS#: X12697964
Area: OTTAWA

Features and systems

Parking

Detached GarageGarage

Basement

Partially finishedFull

Appliances

WasherRefrigeratorDishwasherStoveDryerWater Treatment

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Foundation

Concrete

Lot

Irregular lot sizeLevel

Negative cash flow ~$1,020/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

-6.58%

Cap rate

3.55%

GRM

16.7

Break-even rent

$5,724

Financing

Down payment$185,980

Loan amount$743,920

Mortgage$3,769/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$426

Insurance$80

Maintenance$775

CapEx reserve$387

Vacancy loss$233

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 $3,769/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.