664 Center Street, Overbrook - Castleheights and Area

$719,900
664 Center Street

$719,900

Price Change
72d
Detached2-Storey

664 Center Street, Overbrook - Castleheights and Area

Total Monthly Obligation $3,768

Beds
3
Baths
2
Park
2
Sqft
1500-2000
DOM
72d
Score
21
Yield
5.8%
Cash on Cash
0.2%
Cap Rate
4.6%
5Y IRR
15.8%
10Y IRR
14.8%
Property Type-Detached
MLS® Number-X13666520
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-72 × 100.71 ft
Listed on site-Aug 12, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,864 (2026)
Parking-2 - None
Basement-Crawl Space
Heating-Forced Air (Electric)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-TBA
Neighbourhood-3504 - Castle Heights/Rideau High
Title-Residential Freehold

No agent assigned

For those who believe a home should inspire, this is where your next masterpiece begins. Built in 1877, this extraordinary century home is a rare sanctuary for artists, dreamers, and lovers of timeless architecture. Set on an oversized lot backing directly onto Forbes Park with no rear neighbours, the enchanting grounds feature white picket fencing, endless perennials and gardens, sprawling lawns, and a European-inspired courtyard. Inside, high ceilings, abundant natural light, and wood casings create a home filled with character. The main floor showcases an expansive living room with custom built-in bookshelves, a dining room built for hosting festive dinners, convenient main-floor laundry, and updated country kitchen. The kitchen boasts butcher block countertops, crisp white cabinetry with gold pull hardware, a farmhouse sink, decorative tile backsplash, and includes the updated appliances. The exceptional 500+ sq. ft. studio-a dream space for painters, sculptors, photographers, makers, musicians, or woodworkers. Featuring its own electrical panel with 240V outlet, heater, generous lighting with large windows, and custom fitted patio doors - it is designed to inspire the creator. Upstairs, original pine floors lead to three spacious bedrooms and an updated 3-piece bathroom. Rich in history, overflowing with character, and impossible to replicate, this is more than a home-it's a place to create, gather, and be inspired. Ideally located just steps from parks, shopping, public transit, and only minutes to downtown and major highways, this is a once-in-a-generation opportunity to own one of Ottawa's most enchanting century homes. 24 hours irrevocable.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$575,920
Land Transfer Taxes$10,873
Legal Fees (Est.)
$
Total cash required for closing$156,353

Total Monthly Obligation

$3,768/mo
Mortgage $2,904
Monthly Loss $3,003
Principal$764
Interest$2,140
Property Tax$489
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.8%2
5-Year IRR
11.9%49
10-Year IRR
12.1%
Returns Index
25.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$42,000/yr
NOI
$27,436/yr
Net Cash Flow
-$618/mo
Cash Margin
-17.6%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7914
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
24.2/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 664 Center Street

Time

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