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$849K · 4 bed Detached · 1601 - Greely, Greely - Metcalfe - Osgoode - Vernon and Area | MyPropertyScout

$849,000

5742 Bank Street

43Vacant

Map

⚡ Insider Deal

Fixer Upper

$849,000

A●●●○○DOM17days

5742 Bank Street

Greely - Metcalfe - Osgoode - Vernon and Area · Ontario K4P 1C3

MLS® X13420932 · 1601 - Greely · K4P 1C3

43Vacant2000-2500 ft²Detached4-car Detached17d$377/ft²Lot 255.6 x 182 ft$3,279 tax/yr

18% below market · 17 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

This property presents a premier development opportunity in a prime location. Spanning over an acre directly off Bank Street, the lot features two legal points of entry and exit for convenient access. The existing structure on the lot is being sold in "as is" condition and is currently vacant. It offers significant potential for the next owner, whether through renovation, conversion into an office space, or complete repurposing. Versatile zoning further enhances the appeal of this site, which is…

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Property details

MLS#: X13420932
Status: Conditionally Sold
Beds: 4
Baths: 3 full, 0 half
Size: 2000-2500
Style: 2-Storey
Type: Detached
Year built: —

Roof: Asphalt Shingle
Foundation: Concrete
Other structures: Additional Garage(s), Out Buildings

Garage: 4-car Detached
Garage spaces: 4
Parking: 14 total
Lot: 255.61 × 181.98
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Pool: No
Waterfront: No
Exterior: Stucco (Plaster), Vinyl Siding
Fronting on: West
Cross street: South of Mitch Owens
Basement: Finished
Stories: —
Utilities: —
Laundry: —
Interior: Guest Accommodations
Parking features: Front Yard Parking, Private, Available

Additional listing data

ListAOR: Ottawa Real Estate Board

Rooms

Room dimensions are not available for this listing.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: ROYAL LEPAGE TEAM REALTY

Source: TRREB/PROPTX · MLS® X13420932

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$849K

5742 Bank Street · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $849,000✓ $3,279 tax✓ Gas✓ 2000-2500 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$6,294/mo

incl. closing costs (yr 1)

Annual total

$75,524

year 1

Mortgage only

$3,221/mo

principal + interest

Beyond mortgage

$1,493/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$169,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$273/mo

Utilities

Hydro / electricity$158/mo

≈ $0.07/ft² × ~2,250 ft² · ON avg ~$158/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$8,490/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$13,455

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)51% $38,650/yr

Property taxes22% $16,734/yr

Utilities7% $4,950/yr

Insurance & security2% $1,600/yr

Maintenance11% $8,490/yr

Closing costs7% $5,100/yr

Mortgage is 51% of your true cost of ownership. The other 49% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$38,650	$3,221/mo
Government & taxes
Property tax	$3,279	$273/mo
Land transfer tax(closing)	$13,455	$1,121/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$1,890	$158/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$8,490	$708/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$75,524	$6,294/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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5742 Bank Street

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs