803 Merivale Road

Carlington, Ottawa · MLS® X13872336

423

House · Single Family · 17 days on market

listed by Hamid Riahi, POWER MARKETING REAL ESTATE INC.

realtor's description

Investor's Commercial Opportunity! Fantastic income-generating property with potential for two rental units in the highly desirable Royal & Civic Hospital area. This spacious home features 4 bedrooms, 2 full bathrooms, and sits on a large lot offering both space and long-term development potential. There are 2 bedrooms on second level and 1 bedroom in the main level, with 1 full bathroom, Upper level is currently rented at $1,500/month. Lower level: Non-confirmed bachelor apartment with full bathroom, currently rented at $750/month, can be a nice 2 bedroom, new furnace. A great opportunity for investors seeking strong cash flow or end users looking to live in one unit and rent the other. Close to hospitals, transit, shopping, and all amenities.

property details

type: House, Single Family
bedrooms: 4
bathrooms: 2
parking: 3
property tax: $3,742 / yr
days on market: 17
MLS®: X13872336

monthly cost

$2,708/mo

Mortgage $2,396 · Tax $312

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$2,396/ monthly

loan $439,920

25-year amortization

down payment20% · $109,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $278,838
cash to close: $109,980; down payment; transfer tax and fees not included
total paid: $718,758

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.