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Listed 21 days ago

198 Stanley Avenue

3301 - New Edinburgh, New Edinburgh - Lindenlea

$1,450,000

Detached|2-Storey
3 | 2 | 2
About this home

Welcome to 198 Stanley, perfectly positioned across from Stanley Park and just steps from the river, with scenic walking and biking trails right outside your door in the heart of New Edinburgh. Set on an impressive 155-foot-deep lot, this property offers exceptional outdoor space with plenty of room for kids to play, with rear-lane access to a detached double-car garage. Enjoy being just a short walk from neighbourhood favourites like Union Street Café and Tavern on the Falls, with excellent schools and everyday amenities nearby. Inside, the bright main floor offers a warm and functional living space with beautifully refinished hardwood floors. The refreshed kitchen features refinished cabinetry, quartz countertops and stainless-steel appliances. Upstairs, you'll find three bedrooms and a full bathroom. The finished basement adds valuable living space with a second full bathroom and a convenient walkout to the private backyard and recently replaced deck. Out front, a landscaped patio with Copthorne pavers creates a beautiful spot to sit and enjoy the park and green space directly across the street. Notable updates include a ductless heat pump system (2020-2023), high-efficiency boiler (2022), attic insulation (2022), refinished hardwood floors (2022), soffit, fascia and eavestroughs (2024), upstairs bathroom (2020) and basement bathroom (2025). A fantastic opportunity to enjoy space, privacy and an incredible park-side setting in one of Ottawa's most established neighbourhoods.

Extras

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agent
Ephy Bookbinder
(416) 838-4804
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$9,605
Lot Size33 ft x 155 ft
mls© NumberX13852046
Listed ByENGEL & VOLKERS OTTAWA

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%
$7,422
Property tax
$800
Heat allowance
$150
Housing costs
$8,372 / mo

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

Down payment20% · $290,000
25-yr amortization

Income needed

$258,000

gross annual household income

Payment at 4%
$6,102 / mo
Cash down
$290,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Values and trends

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