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3503 - Castle Heights, Overbrook - Castleheights and Area
$729,800
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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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,043 |
| Lot Size | 74.91 ft x 99.83 ft |
| mls© Number | X13585596 |
| Listed By | COLDWELL 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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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