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Listed 29 days ago

23 Wright Street

3501 - Overbrook, Overbrook - Castleheights and Area

$749,900

Detached|Bungalow
3 | 3 | 5
About this home

23 Wright Street sits in one of the most sought-after pockets of Overbrook; between the Vanier Parkway and the Rideau River, within walking distance of the river's pathway system and the Adàwe pedestrian bridge connecting directly to Sandy Hill and downtown Ottawa. This property is being offered alongside its immediate neighbour at 25 Wright Street, and together the two lots represent a rare side-by-side opportunity in a neighbourhood where infill activity is well underway and actively reshaping the streetscape block by block. As an estate sale, both properties are being conveyed in their current conditions. As-built, 23 Wright Street currently operates as a triplex: a 3 bedroom/1 bathroom main floor unit (empty) and two 1 bedroom/1 bathroom basement apartments, all occupied by long-standing tenants whose rents sit meaningfully below current market rates. A buyer can hold and re-position over time or proceed to redevelopment as the surrounding blocks have seen a steady pace of replacement builds, with developers delivering modern semis and singles on similarly-sized lots throughout the area. This is a great infill candidate. The property includes a single carport and a large laneway with room for at least four vehicles. Hurdman LRT Station is minutes away, OC Transpo routes 12, 14, and 18 serve the area, Highway 417 is within easy reach, and downtown Ottawa is under 10 minutes by transit. Loblaws on McArthur Avenue, the commercial strip along Montreal Road, and Beechwood Village are all close by, and the Rideau River pathway is steps from the door. For a buyer seeking land in a tight, downtown-adjacent market, two adjacent lots in this location rarely align. Further details on 23 and 25 Wright are available upon request.

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agent
Ephy Bookbinder
(416) 838-4804
TypeDetached
StyleBungalow
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$6,206
Lot Size52.25 ft x 100 ft
mls© NumberX13820338
Listed ByRE/MAX HALLMARK REALTY GROUP

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,838
Property tax
$517
Heat allowance
$150
Housing costs
$4,505 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $149,980
25-yr amortization

Income needed

$139,000

gross annual household income

Payment at 4%
$3,156 / mo
Cash down
$149,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Values and trends

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Comparable sales

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