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4703 - Carleton Heights, Mooneys Bay - Carleton Heights and Area
$799,000
1642 Valmarie Avenue offers a rare opportunity to own a fully renovated turnkey bungalow in one of Ottawa's most desirable established neighbourhoods. Situated on a large lot with exceptional curb appeal, this beautifully maintained 3+2 bedroom home blends modern finishes, functional space, and versatility for families, multi-generational living, or investors. The home has been thoughtfully upgraded for energy efficiency and comfort, featuring R-60 attic insulation, R-23 spray foam basement insulation, updated windows, an ERV system, a tankless water heater, and energy audit improvements completed in 2018/2019, contributing to lower utility costs and year-round comfort. The bright main level features a refreshed interior filled with natural light and contemporary finishes. At the heart of the home is a large modern kitchen with ample cabinetry for storage, cooking, and entertaining. The functional layout flows into the living and dining areas, creating a warm and inviting space for daily living and hosting guests. The home also includes a double car garage and extra-large driveway offering abundant parking. The fully finished lower level provides excellent in-law suite potential with a separate side entrance, two large legal bedrooms with egress windows, a full 3-piece bathroom, rough-in for a future kitchen, and a spacious recreation area. This flexible space is ideal for extended family, guests, or potential income opportunities. As part of the extensive renovations, significant attention was given to energy efficiency and long-term comfort, including the addition of upgraded insulation throughout the home to enhance thermal performance, reduce energy consumption, and improve year-round comfort. Located in a highly desirable area close to top-rated schools (Merivale IB Program), parks, shopping, restaurants, transit, recreation, and major routes for easy city-wide commuting.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,826 |
| Lot Size | 68.13 ft x 110.26 ft |
| mls© Number | X13614516 |
| Listed By | EXP 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%
- $4,090
- Property tax
- $486
- Heat allowance
- $150
- Housing costs
- $4,725 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$145,000
gross annual household income
- Payment at 4%
- $3,362 / mo
- Cash down
- $159,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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