58 Norway Spruce Street, Stittsville - Munster - Richmond

$599,000
58 Norway Spruce Street

$599,000

New
2d
DetachedBungalow

58 Norway Spruce Street, Stittsville - Munster - Richmond

Total Monthly Obligation $3,206

Beds
3
Baths
1
Park
4
Sqft
1100-1500
DOM
2d
Score
20
Yield
5.3%
Cash on Cash
-2.2%
Cap Rate
4.1%
5Y IRR
13.8%
10Y IRR
13.2%
Property Type-Detached
MLS® Number-X14101884
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-94.75 × 175 ft
Listed on site-Oct 21, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,973.93 (2026)
Parking-5 - Detached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-ENGEL & VOLKERS OTTAWA
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-90
Neighbourhood-8203 - Stittsville (South)
Title-Residential Freehold

No agent assigned

Nestled on a beautifully established street in a highly desirable, mature neighbourhood, this property is a rare real estate find full of authentic character, warmth, and beautiful natural light. Lovingly maintained over the years, the home stands as a true testament to pride of ownership and offers a wonderful, clean slate ready for your personal cosmetic updates and modern design choices. From the moment you step inside, the main living spaces welcome you with striking, oversized windows that flood the interior with all-day sun. The thoughtful layout flows seamlessly into a dedicated sunroom, which serves as a tranquil retreat perfect for morning coffee, a home office, or simply relaxing while overlooking the expansive property. Step outside into the exceptionally large, oversized backyard. Sprawling and wide-open, this massive lot offers a rare and versatile footprint with endless room to build your outdoor dream oasis-whether that includes a pool, extensive gardens, an expansive deck, or the ultimate outdoor entertaining space. This is a truly unique opportunity to bring your custom design vision to life in a premier, established community.

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$
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,206/mo
Mortgage $2,416
Monthly Loss $2,570
Principal$636
Interest$1,780
Property Tax$414
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.5%1
5-Year IRR
9.8%34
10-Year IRR
10.5%
Returns Index
18.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$32,040/yr
NOI
$19,362/yr
Net Cash Flow
-$803/mo
Cash Margin
-30.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
25.7/ 100

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

Comparables

Properties near 58 Norway Spruce Street

Time

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