198 Stanley Avenue, New Edinburgh - Lindenlea

$1,450,000
198 Stanley Avenue

$1,450,000

New
22d
Detached2-Storey

198 Stanley Avenue, New Edinburgh - Lindenlea

Total Monthly Obligation $7,024

Beds
3
Baths
2
Park
2
Sqft
1500-2000
DOM
22d
Score
14
Yield
3.1%
Cash on Cash
-11.1%
Cap Rate
2.2%
5Y IRR
6.9%
10Y IRR
7.9%
Property Type-Detached
MLS® Number-X13852046
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-33 × 155 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Taxes-$9,604.54 (2026)
Parking-2 - Detached
Basement-Walk-Out, Full, Finished
Heating-Radiant (Gas)
Brokerage-ENGEL & VOLKERS OTTAWA
Cooling-Other
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick
Roof-Flat, Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-November 19th , December 11 or 17th
Neighbourhood-3301 - New Edinburgh
Title-Residential Freehold

No agent assigned

Welcome to 198 Stanley, perfectly positioned across from Stanley Park and just steps from the river, with scenic walking and biking trails right outside your door in the heart of New Edinburgh. Set on an impressive 155-foot-deep lot, this property offers exceptional outdoor space with plenty of room for kids to play, with rear-lane access to a detached double-car garage. Enjoy being just a short walk from neighbourhood favourites like Union Street Café and Tavern on the Falls, with excellent schools and everyday amenities nearby. Inside, the bright main floor offers a warm and functional living space with beautifully refinished hardwood floors. The refreshed kitchen features refinished cabinetry, quartz countertops and stainless-steel appliances. Upstairs, you'll find three bedrooms and a full bathroom. The finished basement adds valuable living space with a second full bathroom and a convenient walkout to the private backyard and recently replaced deck. Out front, a landscaped patio with Copthorne pavers creates a beautiful spot to sit and enjoy the park and green space directly across the street. Notable updates include a ductless heat pump system (2020-2023), high-efficiency boiler (2022), attic insulation (2022), refinished hardwood floors (2022), soffit, fascia and eavestroughs (2024), upstairs bathroom (2020) and basement bathroom (2025). A fantastic opportunity to enjoy space, privacy and an incredible park-side setting in one of Ottawa's most established neighbourhoods.

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

Closing Costs

Mortgage Amount
$1,160,000
Land Transfer Taxes$25,475
Legal Fees (Est.)
$
Total cash required for closing$316,975

Total Monthly Obligation

$7,024/mo
Mortgage $5,849
Monthly Loss $5,485
Principal$1,539
Interest$4,310
Property Tax$800
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.2%0
5-Year IRR
4.5%9
10-Year IRR
6.3%
Returns Index
6.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$44,400/yr
NOI
$25,855/yr
Net Cash Flow
-$3,694/mo
Cash Margin
-99.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.373
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo22
Risk Index
14.2/ 100

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

Comparables

Properties near 198 Stanley Avenue

Time

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