556 Westminster Avenue NW, Carlingwood - Westboro and Area

$1,049,000
556 Westminster Avenue NW

$1,049,000

New
7d
Detached2-Storey

556 Westminster Avenue NW, Carlingwood - Westboro and Area

Total Monthly Obligation $5,375

Beds
3
Baths
2
Park
3
Sqft
2000-2500
DOM
7d
Score
17
Yield
4.6%
Cash on Cash
-5.4%
Cap Rate
3.4%
5Y IRR
11.3%
10Y IRR
11.2%
Property Type-Detached
MLS® Number-X14089778
Beds-3
Bathrooms-2
Size-2000-2500 sqft
Lot Size-50 × 100 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$9,223.43 (2026)
Parking-4 - Attached
Basement-Partially Finished, Full
Heating-Baseboard (Electric)
Brokerage-SUTTON GROUP - OTTAWA REALTY
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-West
Exterior-Stucco (Plaster), Wood
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-TBD - Flexible
Neighbourhood-5104 - McKellar/Highland
Title-Residential Freehold

No agent assigned

LOCATION, LOCATION, LOCATION! Welcome to 556 Westminster Ave, nestled on a quiet, tree-lined street in the highly sought-after Westboro South/McKellar Park neighbourhood. Surrounded by mature trees & established homes, one can only imagine the magical atmosphere of this charming street during the holiday season, w/ twinkling lights illuminating the neighbourhood. This exceptional location offers the perfect blend of peaceful residential living & urban convenience. Enjoy nearby Westboro Village w/ its cafés, restaurants, specialty shops, Farm Boy, boutiques & everyday essentials. Excellent schools, McKellar Park, scenic walking/cycling trails, & the Ottawa River are all within easy reach! Brimming w/ character & charm, this 2-storey home offers an inviting atmosphere & versatile living spaces. The main floor features a welcoming foyer, spacious living rm, separate dining rm, eat-in kitchen & a substantial rear family rm, providing a wonderful setting for relaxing or gathering w/ family. A convenient 2-piece powder room completes this level. Upstairs, discover 3 bedrooms, including an impressive L-shaped bedroom offering flexibility for a home office/art studio, along w/ a 4-piece family bathroom. The basement extends the living space w/ a recreation room, laundry & utility areas, 2 workshops & ample storage for hobbies & projects. Step outside to a beautifully landscaped backyard framed by mature trees, offering a wonderful sense of privacy & a tranquil setting to enjoy birdsong & the beauty of nature. An underground sprinkler system adds convenience to maintaining the outdoor spaces. A detached garage provides additional practicality, featuring a specially coated floor that makes cleaning & maintenance a breeze! Set in one of Ottawa's most cherished neighbourhoods, this character-filled home offers a wonderful opportunity to make it your own. An exceptional location & a place to create lasting memories. Contact your REALTOR today to arrange a private showing!

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

Closing Costs

Mortgage Amount
$839,200
Land Transfer Taxes$17,455
Legal Fees (Est.)
$
Total cash required for closing$228,755

Total Monthly Obligation

$5,375/mo
Mortgage $4,231
Monthly Loss $4,262
Principal$1,113
Interest$3,118
Property Tax$769
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.4%1
5-Year IRR
8.2%24
10-Year IRR
9.2%
Returns Index
13.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$47,988/yr
NOI
$29,466/yr
Net Cash Flow
-$1,776/mo
Cash Margin
-44.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo28
Risk Index
17.4/ 100

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

Comparables

Properties near 556 Westminster Avenue NW

Time

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