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Listed 17 days ago

109 - 950 Marguerite Avenue

3501 - Overbrook, Overbrook - Castleheights and Area

$363,000

Condo Apartment |
1 | 1 | 1 | 1
About this home

Welcome to River Court at 950 Marguerite - a well-maintained, tucked-away building on a quiet street in Overbrook, perfectly positioned for easy access to everything Ottawa has to offer. This 1-bedroom, 1-bathroom condo offers a smart, functional layout ideal for first-time buyers, investors, or anyone looking to simplify without compromise. The kitchen features stone countertops, ample prep space, and a convenient breakfast bar that opens into a comfortable living area, perfect for everyday living. The bright main living space leads to your private balcony, overlooking peaceful Marguerite Avenue - a great spot to unwind or enjoy your morning coffee or evening meals. You'll appreciate the convenience of in-unit laundry, along with a dedicated storage locker for all the extras. Secure bike storage is also available, making it easy to take advantage of the incredible nearby pathways. Location is where this property really shines. Just steps to the Rideau River Eastern Pathway, Strathcona Park, and the Rideau Sports Centre, with quick access to Sandy Hill and the University of Ottawa via the Adawe pedestrian bridge. Commuting is effortless with nearby LRT access, transit routes, and quick connections to Highway 417 and the city core. A great opportunity to own in a central, connected neighbourhood with strong lifestyle appeal. Don't be too late! Photos virtually staged.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size600-699 sq. ft.
Maintenance Fees$448
LockerExclusive
BalconyOpen
ExposureWest
Parking TypeOther
Parking Spaces1
Parking FeaturesCovered
Property Tax$3,378
mls© NumberX13853556
Listed ByRE/MAX HALLMARK PILON GROUP REALTY
Building Insurance Included
Water Included

Listing History

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  • 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%
$1,858
Property tax
$282
Heat allowance
$150
Condo fees, half counted
$224
Housing costs
$2,514 / mo

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

Down payment20% · $72,600
25-yr amortization

Income needed

$77,000

gross annual household income

Payment at 4%
$1,528 / mo
Cash down
$72,600

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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