$689,900

For sale

422 Donald B Munro Drive, Ottawa - Single Family for Sale

422 Donald B Munro Drive, Ottawa, Ontario, K0A1L0

3 beds3 baths3 parking2,250 ft²60 × 103 ft (6,180 sq ft) lot sizeListed 15 days ago

Overview

This 3-bedroom, 3-bathroom home in Ottawa is for sale offering roughly 2,250 sq ft of space. Listed at $689,900, it is attractively priced about 8% below the $749,900 median asking price in Ottawa. It has been on the market 15 days, fresher than the Ottawa average of 62 days.

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Description

Live, work and play in the best location in the Village of Carp. This 3-storey, all brick Victorian building is one of the community's most iconic homes. Currently operated as a successful music academy, the main floor layout is conducive to professional, medical or retail uses. The 2nd and 3rd floors offer a tastefully updated and functional 3 bedroom, 1.5 bath residential unit with its own private entry. The Village Mixed Use zoning is one of the most versatile in the City of Ottawa, giving the owner the flexibility to operate the property as a business, a home or any combination thereof. This property is ideal for investors and owner/operators alike. (id:66096)

Property Details

MLS®: X14105686
Property Type: Single Family
Zoning: Village Mixed Use (VM)
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 2
Parking: 3
Interior Size: 2,250 ft²
Lot Size: 60 × 103 ft (6,180 sq ft)
Frontage: 60 ft
Storeys: 3
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Ownership

Rooms

Ground level

Recreational, Games room: 3.85 x 6.16 meters
Bathroom: 1.52 x 1.96 meters
Office: 2.95 x 3.58 meters
Office: 2.94 x 3.57 meters
Office: 2.79 x 3.69 meters
Office: 3.93 x 2.45 meters

Second level

Living room: 3.85 x 5.04 meters
Bedroom 2: 2.77 x 3.69 meters
Dining room: 4.29 x 2.91 meters
Kitchen: 2.33 x 3.99 meters

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Microwave, Hood Fan
Foundation: Stone, Poured Concrete

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

Ottawa listings, avg age

62d

Price / ft²

$307

List price

$690K

Haho

This 3-bed single family in Ottawa has been listed for 15 days, which is 47 days fresher than the city average of 62. Act while there is still low competition.

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Listed by ROYAL LEPAGE TEAM REALTY · Stephanie Downey

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0A)

This home lists at $689,900, about 6.0× the local median household income of $115,000.

Carrying it typically needs a household income of about $134,762 (20% down, 25-yr amortization, stress-tested) — roughly 17% above the area median.

Median household income: $115,000
Population: 111,626
Median age: 44
Owner / renter: 87% / 13%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA K0A)

$689,900· $307/ft²

For sale

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Full Cost Breakdown

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Down Payment6.38% · $43,990

Min 6.38%50%

Mortgage payment$3,581/mo

↳ CMHC premium ($25,836 capitalized)

Property tax (est.)$426/mo

Total monthly$4,007

Cash Needed to Close

Down payment (6.38%)$43,990

Land transfer tax$10,273

Est. closing costs$4,570

Total cash needed$58,833

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