246 Madhu Crescent, Mooneys Bay - Carleton Heights and Area

$1,529,000
246 Madhu Crescent

$1,529,000

New
8d
Detached2-Storey

246 Madhu Crescent, Mooneys Bay - Carleton Heights and Area

Total Monthly Obligation $7,590

Beds
5
Baths
5
Park
4
Sqft
3500-5000
DOM
8d
Score
15
Yield
3.5%
Cash on Cash
-9.7%
Cap Rate
2.5%
5Y IRR
8.0%
10Y IRR
8.7%
Property Type-Detached
MLS® Number-X14083604
Beds-5
Bathrooms-5
Size-3500-5000 sqft
Lot Size-54.3 × 104.86 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$12,569.18 (2026)
Parking-6 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS ICON REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-4705 - Mooneys Bay
Title-Residential Freehold

No agent assigned

Why sacrifice space for location when you can enjoy both? Welcome to 246 Madhu Crescent, an impressive residence in one of Ottawa's most desirable established neighbourhoods, minutes from Carleton University, Mooney's Bay, and convenient routes downtown. Surrounded by distinguished homes, it offers an exceptional balance of location, privacy, and space. Set on a premium 55-foot-frontage lot(five feet wider than the community's standard lots), this home offers nearly 5,000 sq. ft. of finished living space, including 3,827 sq. ft. above grade as per builder's plan. Extensive interlock landscaping enhances the curb appeal, while low-maintenance front and rear yards and a fully fenced backyard make outdoor living easy. Inside, generous proportions, classic finishes, a curved solid-wood staircase, and California shutters create timeless appeal. The main floor features a private office/den, separate living and dining rooms, a spacious family room, and a well-appointed kitchen with a gas stove, built-in appliances, and ample workspace. Upstairs, four exceptionally spacious bedrooms offer room to relax and grow. The primary suite has space for a sitting area, a large ensuite, and a generous walk-in closet. A second bedroom has its own ensuite, while two additional bedrooms share a Jack-and-Jill bathroom, an ideal arrangement for family living. The finished lower level adds a guest bedroom, bathroom, expansive recreation and entertainment area, bar, and dedicated storage. Two furnaces and two central air-conditioning units provide year-round comfort. For families seeking substantial living space without giving up a central Ottawa location, this is an opportunity worth seeing.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$1,223,200
Land Transfer Taxes$27,055
Legal Fees (Est.)
$
Total cash required for closing$334,355

Total Monthly Obligation

$7,590/mo
Mortgage $6,168
Monthly Loss $5,967
Principal$1,623
Interest$4,545
Property Tax$1,047
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.9%0
5-Year IRR
5.5%12
10-Year IRR
7.1%
Returns Index
7.5/ 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
$54,000/yr
NOI
$31,531/yr
Net Cash Flow
-$3,540/mo
Cash Margin
-78.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo20
Risk Index
14.0/ 100

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

Comparables

Properties near 246 Madhu Crescent

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.