468 Mutual Street, Overbrook - Castleheights and Area

$899,000
468 Mutual Street

$899,000

New
9d
Semi-Detached 2-Storey

468 Mutual Street, Overbrook - Castleheights and Area

Total Monthly Obligation $4,481

Beds
4
Baths
4
Park
2
Sqft
1500-2000
DOM
9d
Score
18
Yield
4.8%
Cash on Cash
-3.4%
Cap Rate
3.9%
5Y IRR
12.9%
10Y IRR
12.5%
Property Type-Semi-Detached
MLS® Number-X14032770
Beds-4
Bathrooms-4
Size-1500-2000 sqft
Lot Size-20.96 × 109.28 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Semi-Detached
Age-New
Taxes-$5,762 (2026)
Parking-3 - Attached
Basement-Finished with Walk-Out, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick Front, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-3503 - Castle Heights
Title-Residential Freehold

No agent assigned

Welcome to this modern, thoughtfully designed **freehold townhouse situated on its own independent lot in Ottawa's desirable Castle Heights neighbourhood**. Offering two legal dwelling units, this property combines contemporary living, generous space, and exceptional versatility for homeowners, multi-generational families, or investors. The self-contained basement apartment features its own separate entrance, providing an excellent opportunity for extended family living or potential rental income. The main level showcases a bright, open-concept layout with pot lighting, a welcoming living room centred around a cozy gas fireplace, and large windows that fill the space with natural light. The contemporary kitchen is designed for everyday living and entertaining, featuring a centre island, abundant cabinetry and counter space, and stainless steel appliances. Upstairs, the spacious primary bedroom offers a private balcony, walk-in closet, and four-piece ensuite. Two additional well-proportioned bedrooms, each with their own walk-in closet, provide excellent storage and flexibility for family members, guests, or a home office. A second four-piece bathroom and convenient upper-level laundry complete this floor. The thoughtfully designed lower-level unit offers independent living space with its own separate entrance, open-concept living, dining, and kitchen area, stainless steel appliances, and a centre island. A generously sized bedroom, four-piece bathroom, and separate in-suite laundry complete this self-contained unit, providing comfort, privacy, and functionality for its occupants. Conveniently located close to shopping, restaurants, parks, schools, public transit, and everyday amenities, this **freehold property with two legal dwelling units** presents a unique opportunity for buyers seeking flexible living arrangements, additional income potential, or a smart long-term investment.

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

Closing Costs

Mortgage Amount
$719,200
Land Transfer Taxes$14,455
Legal Fees (Est.)
$
Total cash required for closing$195,755

Total Monthly Obligation

$4,481/mo
Mortgage $3,626
Monthly Loss $3,527
Principal$954
Interest$2,672
Property Tax$480
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.7%1
5-Year IRR
9.5%32
10-Year IRR
10.2%
Returns Index
17.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$43,176/yr
NOI
$28,596/yr
Net Cash Flow
-$1,243/mo
Cash Margin
-34.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo34
Risk Index
20.1/ 100

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

Comparables

Properties near 468 Mutual Street

Time

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Data last updated within the past 24 hours.