
503 Cote Street
Ottawa (Overbrook/Castle Heights), ON K1K 0Z8
- 4+1Bedrooms
- 4Bathrooms
- 1Garage
- 2000–2500Sq Ft
- $7,139Tax
- 25×86 ftLot Size
- Estimated Value:$998,500See Free Estimate Report

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About 503 Cote Street, Ottawa, Overbrook/Castle Heights
Summarized Description
- Modern semi-detached home built in 2019
- Legal secondary unit for rental income
- Generates over $53,000 annual rental income
- Upper unit features spa-inspired ensuite
- Private backyard ideal for entertaining
- Separate heating systems for each unit
- Close to amenities and services
- Turn-key property ready for investment
Welcome to 503 Cote Street, a modern 2019-built semi-detached home offering outstanding flexibility and strong income potential. Designed with a legal secondary dwelling unit, this property allows buyers to offset their mortgage by living in one unit while renting the other, or to maximize returns by leasing both. The home produces approximately $53,000+ in annual rental income, with tenants responsible for all utilities. Each unit features its own heating system and hydro meter, with a shared water meter.The main upper-level unit features a bright, open layout enhanced by pot lighting and large windows. The contemporary kitchen is equipped with stainless steel appliances, generous cabinetry, and a central island ideal for entertaining. The primary bedroom includes a walk-in closet and a spa-inspired 5-piece ensuite with double sinks. Three additional bedrooms, a full bathroom, and second-floor laundry complete this level, along with garage parking and an additional surface space. The lower-level unit offers a spacious and light-filled living area with a full kitchen, one bedroom, a 4-piece bathroom, private laundry, and dedicated storage-well suited for students, professionals, or extended family. One surface parking space is included. Outside, enjoy a private, landscaped backyard perfect for relaxing or hosting. The upper unit is vacant, while the lower unit is currently rented at $1,850 + utilities/month. A rare opportunity to secure a turn-key, income-producing property in a desirable location.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $7,139
- Land Transfer Tax Fee
- $14,975
- Basement Type
- Full, Finished
Interior Features
- Interior Extras
- Water Heater Owned, Separate Hydro Meter, In-Law Suite
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Semi-Detached
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Brick, Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 25.00 ft
- Lot Depth
- 86.42 ft
Inclusions
- Inclusions
- all appliances
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 1
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 3
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 4 + 1
- Washrooms
- 4
- Kitchens
- 1
Room sizes
- Foyer—Main level
- Kitchen—Main level
- Living Room—Main level
- Dining Room—Main level
- Bathroom—Main level
- Utility Room—Main level
- Primary Bedroom—Second level
- Bathroom—Second level
- Other—Second level, Walk-In Closet(s)
- Bedroom 2—Second level
- Bedroom 3—Second level
- Bedroom 4—Second level
- Bathroom—Second level
- Laundry—Second level
- Dining Room—Basement level
- Living Room—Basement level
- Kitchen—Basement level
- Bedroom 5—Basement level
- Bathroom—Basement level
- Utility Room—Basement level
Washrooms
- 2-piece
- 5-piece
- 4-piece
- 4-piece
- Municipality
- Ottawa
- Neighbourhood
- Overbrook/Castle Heights
- Main cross streets
- Cote Street and Vernon Avenue
- Directions
- Cote Street and Vernon Avenue
- MLS® number
- X12856064
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-04-12
- Listed on
- 2026-03-06
- Days on market
- 37 days
- Possession type
- Other
- Co-op commission
- 2%
- Seller
- Listed by
- eXp Realty
Home Market Value
Current home valuation for 503 Cote Street, Ottawa, Overbrook/Castle Heights, Ottawa, ON. Listed for $925,000
HOMEH Estimate
$998,500
Estimated Sales Range
$788,815 - $1,208,185
HOMEH Estimate for 503 Cote Street, Ottawa, Overbrook/Castle Heights
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $425,000 over $500K
$67,500
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $34,299 | $25,808 | $22,015 | $0 |
=Total mortgage | $891,774 | $858,308 | $808,265 | $740,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $4,354monthly | $4,191monthly | $3,946monthly | $3,613monthly |
Land Transfer Tax
$14,975
$14,975
Around this home
No schools found nearby
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