581 Queen Mary Street, Overbrook - Castleheights and Area

$925,000
581 Queen Mary Street

$925,000

New
31d
Semi-Detached 2-Storey

581 Queen Mary Street, Overbrook - Castleheights and Area

Total Monthly Obligation $4,667

Beds
3
Baths
4
Park
2
Sqft
1500-2000
DOM
31d
Score
18
Yield
4.6%
Cash on Cash
-4.6%
Cap Rate
3.6%
5Y IRR
11.9%
10Y IRR
11.7%
Property Type-Semi-Detached
MLS® Number-X13814516
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-30 × 91.78 ft
Listed on site-Sep 22, 2026
Style-2-Storey
Building Type-Semi-Detached
Age-0-5
Taxes-$6,725 (2026)
Parking-3 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Wood , Stone
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-3502 - Overbrook/Castle Heights
Title-Residential Freehold

No agent assigned

Built in 2021, this striking 3-bedroom, 3.5-bath freehold semi-detached home brings contemporary design and exceptional functionality to a convenient central location. Step inside and the wow factor is immediate. Natural light fills the open-concept main level, where hardwood floors, a gas fireplace and crisp modern finishes create a space that feels both sophisticated and comfortable. The kitchen anchors the home with quartz counters, stainless steel appliances and plenty of room to cook, gather and entertain. Upstairs, the spacious primary suite is a true retreat, with a walk-in closet and beautifully finished ensuite featuring a freestanding tub and glass shower. Two additional bedrooms, a full bath and second-floor laundry make everyday living easy. Downstairs, the finished lower level offers even more versatility for movie nights, a home office, gym or guest space, complete with another full bathroom and heated floors throughout the finished area. Outside, thoughtful landscaping makes the private patio and garden into an inviting extension of the living space, while a second-floor balcony offers another spot to step outside and unwind. An attached garage and the additional windows and natural light of a semi-detached home complete the package. And when it's time to head out, you're well connected: St-Laurent's shopping and major transit hub are nearby, with O-Train access and the Queensway providing easy connections across the city. Modern. Freehold. Totally move-in ready. 581 Queen Mary is proof that you don't have to choose between style, space and convenience.

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

Closing Costs

Mortgage Amount
$740,000
Land Transfer Taxes$14,975
Legal Fees (Est.)
$
Total cash required for closing$201,475

Total Monthly Obligation

$4,667/mo
Mortgage $3,731
Monthly Loss $3,685
Principal$982
Interest$2,749
Property Tax$560
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.7%27
10-Year IRR
9.6%
Returns Index
14.7/ 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
$42,768/yr
NOI
$27,266/yr
Net Cash Flow
-$1,459/mo
Cash Margin
-40.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo32
Risk Index
19.2/ 100

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

Comparables

Properties near 581 Queen Mary Street

Time

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