550 Paakanaak Ave
Blossom Park/Kemp Park/Findlay Creek, Ottawa, Ontario K1X 0J7
- Bedrooms
- 5
- Bathrooms
- 4
- Size
- 2,500–3,000sq ft
- Per sq ft
- $318at the range’s middle
- Lot
- 24.49 x 98.67 ft
- Built
- New
- Parking
- 62 attached
- Days on market
- Members
The brief
About 550 Paakanaak Ave
550 Paakanaak Ave is a 5-bedroom, 4-bathroom detached house in Blossom Park/Kemp Park/Findlay Creek, Ottawa, listed for sale at an asking price of $875,133 (MLS® X14032076).
The Madeline with In-Law Suite, Elevation M, offers a well-planned layout with added flexibility for multi-generational living, extended family or additional private space. Located in eQ Homes' Pathways South community, this home combines a functional floor plan with a strong selection of upgraded finishes throughout. The kitchen features hard-surface countertops, upgraded cabinetry with two sets of pots and pan drawers, a chimney-style hood fan, upgraded sink and faucet, backsplash extending behind the hood fan, and a cold water line for a refrigerator. Hard-surface countertops continue throughout the home, complemented by upgraded sinks, toilets and bathroom hardware. The primary ensuite includes an upgraded shower door and tile, with additional upgraded tile in the mudroom and powder room. Interior door hardware has also been upgraded throughout. A thoughtfully finished home offering the versatility of an in-law suite together with the quality and design expected from eQ Homes. Brand new, from the builder, full Tarion warranty.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Covers costs60/100+$7/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 22 detached homes with 5 bedrooms for lease in Ottawa right now. Cost of owning counts the mortgage. This record states no property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- MLS® number
- X14032076
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- New
- Days on market
- Size
- 2500-3000 sqft
- Lot Size
- 24.49 x 98.67 ft
- Listed on
- Parking
- 2 Attached, 6 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Blossom Park/Kemp Park/Findlay Creek
- Municipality
- Ottawa
Building
- Size
- 2500-3000 sqft
- Building Age
- New
- Construction
- Brick
Inside
- Bedrooms
- 5
- Bathrooms
- 4
- Bathroom Details
- 1 × 4pc 2nd, 1 × 4pc 2nd, 1 × 2pc Ground, 1 × 4pc Ground
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Garage Type
- Attached
- Garage
- 2
- Additional Parking
- 4
- Total Parking
- 6
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 24.49 ft
- Depth
- 98.67 ft
- Lot Size
- 24.49 x 98.67 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- No
- Family room
- No
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 550 Paakanaak Ave, Ottawa, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $875,133 | N/A | Sc | X14032076 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $175,027
- Total mortgage amount
- $700,106
- Total interest payment
- $497,794
- Total purchase cost
- $1,372,927
- Mortgage payment
- $3,993/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
20%Monthly carrying cost
$3,993- Carrying cost $3,993
- Surplus $7
Rental income opens at $4,000, the median asking rent of 22 comparable homes for lease in Ottawa. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $13,978
- Total land transfer tax
- $13,978
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $9,978
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $875,133
- $9,503
- Ontario total
- $13,978
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Street frontage
- 24.49 ft7.5 m
- Depth
- 98.67 ft30.1 m
The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation6
- Not in South Nation Conservation’s mapped regulated areaAt the address
- Not in the municipality’s mapped flood areaAt the address
- A mapped wetland is within 120 mDevelopment close to a wetland can need extra review.120 m
- 1 water-supply well recorded within 250 mIt was drilled for domestic use; 2 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 30.8 m.250 m
- Groundwater recorded about 6.7 m below ground nearbyThe middle water level in the well records within 500 m (12 records). It changes with the season and from spot to spot.500 m
- Bedrock about 17.4 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m
South Nation Conservation · Municipal flood mapping · Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 4.0 km4 km
Province of Ontario open data
Environmental records4
- 8 licensed pits or quarries within 2 kmThe nearest is 980 m away, as mapped.2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Rinker Materials — Ottawa Facility, 2.6 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Hydro Ottawa LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 50 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.50 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Netsolid, OmniTEC Wireless, Rogers, Storm Internet, Xplore. Mobile: Bell, Rogers, Telus, Vidéotron. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, South Nation Conservationor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Ottawa. Contains information licensed under the Open Government Licence – Ontario.
The market
Detached homes for sale in Blossom Park/Kemp Park/Findlay Creek right now
- For sale now
- 31
- Median asking price
- $960K
- New in 7 days
- 4
- Price cuts
- 23%
Middle half: $859K to $1.07M
14 in 28 days
7 listings
This home is asking 9% below the median.
See all homes in Blossom Park/Kemp Park/Findlay CreekAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Leitrim | OC Transpo light rail: O-Train Line 2 | 2.9 km |
| Bowesville | OC Transpo light rail: O-Train Line 2 | 3 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: OC Transpo schedule data (GTFS) from the City of Ottawa under the Open Government Licence – City of Ottawa, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – City of Ottawa.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Mino Mikan Elementary SchoolOttawa-Carleton DSB | Public · grades JK–6 · French Immersion | 750 m | 63%Grade 6 average |
| St. Veronica Catholic Elementary SchoolOttawa Catholic School Board | Catholic · grades JK–6 · French Immersion | 1.5 km | 79%Grade 6 average |
| Vimy Ridge Public SchoolOttawa-Carleton DSB | Public · grades JK–6 | 1.6 km | 74%Grade 6 average |
| École élémentaire catholique Sainte-BernadetteConseil des écoles catholiques du Centre-Est | French-language Catholic · grades JK–6 | 5.6 km | 76%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St. Francis Xavier (9-12) Catholic SchoolOttawa Catholic School Board | Catholic · grades 9–12 · French Immersion | 6 km | 66%Grade 9 math |
| St Mark High SchoolOttawa Catholic School Board | Catholic · grades 9–12 · French Immersion | 7.8 km | 66%Grade 9 math |
| Riverside South Secondary SchoolOttawa-Carleton DSB | Public · grades 9–12 | 8 km | — |
| Ridgemont High SchoolOttawa-Carleton DSB | Public · grades 9–12 · French Immersion | 9.3 km | 25%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Blossom Park/Kemp Park/Findlay Creek are shown to signed-in members.