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$875,000
Available - For Sale
Listing ID: X12165556
Welcome to 167 Drummond Street in Old Ottawa East one of the city's most walkable sought-after neighbourhoods. This solid & versatile detached home has been thoughtfully maintained by long-time owners. Excellent bones, generous living space, & incredible future potential. The main level features a bright living & dining area w newer windows that flood the space w natural light. The kitchen is functional & inviting, w an adjacent sunroom that could serve as a guest room, office, or creative space. Upstairs, features three bedrooms, a full bathroom, & a separate studio or office space ideal for remote work or hobbies. One of the standout features of this home is its large lot and deep backyard perfect for gardening, entertaining, or future expansion. The current owners had considered an extension to enlarge the living area & the upstairs bathroom, & the lot easily supports that vision. Extensive structural upgrades have been completed, including a rebuilt north foundation wall & new joists in the ceiling of the basement family room, which has been recently renovated. There is also a full bathroom in the basement, along with newer basement windows & an upgraded electrical panel. While some windows are original, they are of solid make & in good condition. Minor cosmetic updates could further enhance the space, but the home is move-in ready. A shared right of way w a neighbour exists along the side typical of homes of this era. Steps to the Rideau Canal, Main Street shops, the Flora Footbridge, & the uOttawa. This is a rare opportunity to invest in a centrally located home w both charm & future upside. Over $120,000 has been invested in the care and improvement of this home, including updates to the basement, electrical system (with new wiring), windows, roof, & foundation. Walk score of 184. These thoughtful upgrades reflect a strong commitment to the homes structure & long-term maintenance. Some perennials excluded. Tenants leaving in July.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $43,750 $87,500 $131,250 $175,000
First Mortgage $831,250 $787,500 $743,750 $700,000
CMHC/GE $22,859.38 $15,750 $13,015.63 $0
Total Financing $854,109.38 $803,250 $756,765.63 $700,000
Monthly P&I $3,658.08 $3,440.26 $3,241.17 $2,998.05
Expenses $0 $0 $0 $0
Total Payment $3,658.08 $3,440.26 $3,241.17 $2,998.05
Income Required $137,178.16 $129,009.66 $121,543.82 $112,426.71

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE TEAM REALTY

167 DRUMMOND Stre , Glebe - Ottawa East and Area, K1S 1K3, Ottawa

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Ottawa
Municipality: Glebe - Ottawa East and Area
Neighbourhood: 4406 - Ottawa East
Style: 2-Storey
Lot Size: 7.62 x 98.00(Feet)
Approximate Age:
Tax: $6,421
Maintenance Fee: $0
Beds: 3
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
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Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229


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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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