51 Drouin Avenue, Overbrook - Castleheights and Area

$1,029,900
51 Drouin Avenue

$1,029,900

New
21d
Att/Row/Townhouse3-Storey

51 Drouin Avenue, Overbrook - Castleheights and Area

Total Monthly Obligation $5,058

Beds
3
Baths
4
Park
1
Sqft
2000-2500
DOM
21d
Score
17
Yield
4.4%
Cash on Cash
-5.2%
Cap Rate
3.5%
5Y IRR
11.5%
10Y IRR
11.4%
Property Type-Att/Row/Townhouse
MLS® Number-X13857366
Beds-3
Bathrooms-4
Size-2000-2500 sqft
Lot Size-22.64 × 86.5 ft
Listed on site-Oct 2, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Age-16-30
Taxes-$6,347.85 (2026)
Parking-3 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Living Room, Natural Gas
Pool-None
Facing-North
Exterior-Brick, Concrete
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-3501 - Overbrook
Title-Residential Freehold

No agent assigned

Rare opportunity to own this beautifully designed 3-level executive end-unit, ideally situated adjacent to the Rideau River and surrounded by NCC parkland. Approximately 2,340 sq. ft. of sophisticated living space, offering 2+1 bedrooms, 4 bathrooms, high ceilings and exceptional indoor-outdoor living. The impressive interior features imported tile, solid oak staircases and abundant natural light. The main entertainment level showcases an open-concept living and dining area with luxurious hardwood floors, pot lighting and gas fireplace plus access to two large decks. The elegant kitchen features rich solid cherry cabinetry, granite countertops, stainless steel appliances, upgraded tile and breakfast bar, plus a convenient powder room. The upper level offers two spacious bedrooms, each with ample closet space and 2 private ensuite bathrooms. The primary retreat features oversized windows with California shutters, multiple closets and a beautifully upgraded three-piece ensuite. The 2nd bedroom also has a double closet and 4 piece ensuite bathroom. Convenient upper-level laundry too. The lower level offers flexible additional living space There is a SEPARATE GUEST SUITE-with its own exterior entrance and gas fireplace ( 2 in this home)-provides excellent space for guests, extended family or a private home office. The suite includes a full sitting area plus a fully equipped kitchen & a lower level bedroom & full 4 piece bathroom (tub/shower). Enjoy a professionally landscaped private garden, expansive two-level sundeck with BBQ gas connection plus a south-facing front deck. Attached garage plus driveway parking for 2 cars. Steps to the Rideau River, scenic walking & cycling paths, Rideau Tennis & Sports Club, restaurants, shopping, parks & transit, with easy access to Sandy Hill, Centretown and the ByWard Market via Adawe Crossing bridge. A sophisticated, low-maintenance home in an exceptional location. NOTE: PHOTOS VIRTUALLY STAGED

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$823,920
Land Transfer Taxes$17,073
Legal Fees (Est.)
$
Total cash required for closing$224,553

Total Monthly Obligation

$5,058/mo
Mortgage $4,154
Monthly Loss $3,965
Principal$1,093
Interest$3,061
Property Tax$529
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.1%1
5-Year IRR
8.4%25
10-Year IRR
9.3%
Returns Index
13.9/ 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
$44,976/yr
NOI
$29,631/yr
Net Cash Flow
-$1,685/mo
Cash Margin
-45.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
18.1/ 100

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

Comparables

Properties near 51 Drouin Avenue

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