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Listed 9 days ago

103 - 950 MARGUERITE Avenue

3501 - Overbrook, Overbrook - Castleheights and Area

$397,000

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

Idyllic urban living, this spacious 1 bedroom condo in the River Court Lofts by Domicile, is nestled in a quiet residential neighbourhood. Walk to the Rideau River & trail network, Loblaws, University of Ottawa, Rideau Sports Centre, shopping, restaurants & amenities. Unique & rarely offered, this main level unit (no need for elevators), features a large private terrace surrounded by mature trees offering a serene outdoor space for summertime enjoyment. BBQs permitted. Chefs will delight in the full sized well equipped kitchen with generous granite counter space, large island including purposeful storage solutions, breakfast bar and undermount & pot lighting. Open concept living room with gas fireplace and patio door that overlooks tranquil outdoor space. Hardwood floors throughout. In-unit laundry. Building offers a bike storage room. 1 storage locker (#12). 1 underground parking space (#23).

Extras

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$410
LockerExclusive
BalconyTerrace
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,400
mls© NumberX13775046
Listed BySUTTON GROUP - OTTAWA REALTY
Building Insurance Included
Water Included
Common Elements Included

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%
$2,032
Property tax
$283
Heat allowance
$150
Condo fees, half counted
$205
Housing costs
$2,670 / mo

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

Down payment20% · $79,400
25-yr amortization

Income needed

$82,000

gross annual household income

Payment at 4%
$1,671 / mo
Cash down
$79,400

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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