950 Marguerite Avenue 109, Overbrook - Castleheights and Area

$359,900
950 Marguerite Avenue 109

$359,900

New
2d
Condo ApartmentApartment

950 Marguerite Avenue 109, Overbrook - Castleheights and Area

Total Monthly Obligation $2,382

Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
2d
Score
21
Yield
7.0%
Cash on Cash
-1.8%
Cap Rate
4.2%
5Y IRR
14.1%
10Y IRR
13.5%
Property Type-Condo Apartment
MLS® Number-X14104040
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 21, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$3,378.12 (2026)
Maintenance-$448.38/mo
Locker-Exclusive
Parking-1 - Other
Basement-None
Heating-Heat Pump (Gas)
Brokerage-RE/MAX HALLMARK PILON GROUP REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Foundation-Poured Concrete
Possession-TBA
Neighbourhood-3501 - Overbrook
Title-Residential Condo & Other

No agent assigned

Welcome to River Court at 950 Marguerite - a well-maintained, tucked-away building on a quiet street in Overbrook, perfectly positioned for easy access to everything Ottawa has to offer. This 1-bedroom, 1-bathroom condo offers a smart, functional layout ideal for first-time buyers, investors, or anyone looking to simplify without compromise. The kitchen features stone countertops, ample prep space, and a convenient breakfast bar that opens into a comfortable living area, perfect for everyday living. The bright main living space leads to your private balcony, overlooking peaceful Marguerite Avenue - a great spot to unwind or enjoy your morning coffee or evening meals. You'll appreciate the convenience of in-unit laundry, along with a dedicated storage locker for all the extras. Secure bike storage is also available, making it easy to take advantage of the incredible nearby pathways. Location is where this property really shines. Just steps to the Rideau River Eastern Pathway, Strathcona Park, and the Rideau Sports Centre, with quick access to Sandy Hill and the University of Ottawa via the Adawe pedestrian bridge. Commuting is effortless with nearby LRT access, transit routes, and quick connections to Highway 417 and the city core. A great opportunity to own in a central, connected neighbourhood with strong lifestyle appeal. Don't be too late! Photos virtually staged.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$287,920
Land Transfer Taxes$3,874
Legal Fees (Est.)
$
Total cash required for closing$77,354

Total Monthly Obligation

$2,382/mo
Mortgage $1,452
Monthly Loss $2,000
Principal$382
Interest$1,070
Property Tax$282
Condo Fees$448
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.6%1
5-Year IRR
9.9%35
10-Year IRR
10.8%
Returns Index
18.4/ 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
$25,200/yr
NOI
$11,521/yr
Net Cash Flow
-$492/mo
Cash Margin
-23.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo69
Risk Index
32.1/ 100

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

Comparables

Properties near 950 Marguerite Avenue 109

Time

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Data last updated within the past 24 hours.