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Price Change$769,800

636 Malartic Avenue

3503 - Castle Heights, Overbrook - Castleheights and Area

$729,800

Detached|Bungalow
4 | 2 | 4
About this home

Welcome to 636 Malartic Avenue. Located on a quiet street in Ottawa's established Castleheights neighbourhood, this property presents an excellent opportunity for investors, or savvy buyers looking to add their own personal touch. The main level features beautiful hardwood floors throughout, three good sized bedrooms and a cook's dream kitchen with ample storage, providing a functional layout for family living. The oversized patio door lets in loads of natural light and leads to a stunning three tiered composite deck. While the lower level offers a large recreation room, storage room, laundry room and a potential rental unit with a separate entrance, full kitchen, and bathroom-providing excellent flexibility for multi-generational living extended family use. Adding to the property's appeal and creating an attractive outdoor space this spectacular home boasts a very private, fully fenced backyard with an inground swimming pool, creating the perfect setting for summer enjoyment and entertaining. Conveniently located just minutes from downtown Ottawa and close to schools, parks, hospitals, shopping, and public transit, this property is well positioned for exceptional long-term potential in a prime central location.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$5,043
Lot Size74.91 ft x 99.83 ft
mls© NumberX13585596
Listed ByCOLDWELL BANKER FIRST OTTAWA REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,735
Property tax
$420
Heat allowance
$150
Housing costs
$4,306 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $145,960
25-yr amortization

Income needed

$132,000

gross annual household income

Payment at 4%
$3,071 / mo
Cash down
$145,960

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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