673 Golden Avenue, Carlingwood - Westboro and Area

$1,375,000
673 Golden Avenue

$1,375,000

New
20d
Detached2-Storey

673 Golden Avenue, Carlingwood - Westboro and Area

Total Monthly Obligation $6,852

Beds
3
Baths
4
Park
4
Sqft
2000-2500
DOM
20d
Score
15
Yield
3.7%
Cash on Cash
-9.1%
Cap Rate
2.6%
5Y IRR
8.5%
10Y IRR
9.0%
Property Type-Detached
MLS® Number-X13858104
Beds-3
Bathrooms-4
Size-2000-2500 sqft
Lot Size-50 × 117.39 ft
Listed on site-Oct 3, 2026
Style-2-Storey
Building Type-Detached
Taxes-$11,170 (2026)
Parking-5 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-East
Exterior-Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-To be arranged
Neighbourhood-5104 - McKellar/Highland
Title-Residential Freehold

No agent assigned

Discover the opportunity to buy on one of the most coveted streets in McKellar/Highland Park, a mature and highly sought-after neighbourhood surrounded by some of Ottawa's finest schools and amenities, including Nepean High School, Broadview Public School, OJCS, the JCC and Dovercourt Recreation Centre. This solid, well-built home offers generous space and timeless appeal, with spacious bedrooms, a main-floor office/den, bright solarium, updated eat-in kitchen, and large formal living and dining rooms featuring beautiful hardwood flooring. A spacious foyer welcomes you into the home, which offers four bathrooms, including a four-piece primary ensuite. Recent improvements include carpeting (2022), furnace and heat pump (2024), and a new front window (2021), with other windows updated over the years. The home features stucco all around with insulation, adding durability and energy efficiency. The finished recreation room provides excellent additional living space, while outside, a recently refurbished cedar deck creates the perfect setting for entertaining or relaxing. The premium lot also includes a large shed and double driveway with interlock-borders and parking for four cars. The upgraded garage is exceptionally practical, featuring newer polyaspartic flooring and a PVC panel storage system. Two fireplaces remain in the home but have not been used for many years. The hot water tank is owned. With its sought-after location, generous room sizes, pool sized premium lot and exceptional family-friendly setting, this is a rare opportunity in McKellar/Highland Park. Act quickly-homes offering this combination of location, space and value do not come along often.

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

Closing Costs

Mortgage Amount
$1,100,000
Land Transfer Taxes$23,975
Legal Fees (Est.)
$
Total cash required for closing$300,475

Total Monthly Obligation

$6,852/mo
Mortgage $5,546
Monthly Loss $5,393
Principal$1,460
Interest$4,087
Property Tax$931
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.5%0
5-Year IRR
5.8%14
10-Year IRR
7.4%
Returns Index
8.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$50,388/yr
NOI
$29,679/yr
Net Cash Flow
-$3,073/mo
Cash Margin
-73.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo22
Risk Index
14.7/ 100

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

Comparables

Properties near 673 Golden Avenue

Time

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