The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Built in 2023, 537 Anchor Circle is a newer home with the finishing work already done. The basement is complete, the landscaping is in, and the interior has been professionally painted. This 4-bedroom, 2.5-bath home sits on an established, quiet street in Mahogany, Manotick, with plenty of room for a growing family. The welcoming foyer features a wainscotting wall, 8-foot closet doors, and easy access to the lower level. Hardwood runs through the main and upper levels, with tile in the foyer and bathrooms, and carpet in all four bedrooms. The open-concept living and dining room is centred around a gas fireplace and flows into the kitchen, which offers stainless appliances, upgraded cabinetry, quartz counters, enhanced lighting, and a functional layout overlooking the bright eat-in area. Off the kitchen, an interlock deck and steps with a BBQ landing lead to a patio, screened gazebo, and fully fenced yard. Upstairs, the primary bedroom continues with a wainscotting feature wall, walk-in closet, and luxury ensuite with a glass shower and freestanding tub. The second bath has double sinks and serves the three additional bedrooms. Second-floor laundry includes cabinetry and a counter for convenience. The fully finished lower level features LVP on the floors and stairs, plenty of pot lights, and additional storage. Out front, interlock lines both sides of the driveway, with a landing and walkway to the street. The garage has been mudded, painted, and fitted with shelving, leaving nothing left to do but unpack and enjoy. Mahogany is surrounded by green space, with parks, ponds, and walking paths throughout. The Manotick Walk follows Mahogany Creek into the village, and Mahogany Harbour offers access to the Rideau River for a paddle or an afternoon by the water. Manotick has kept its small-town character, with a historic main street, Watson's Mill, local shops, cafés, restaurants, and schools. Enjoy village living, with Ottawa just a short drive away.
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Estimated Rental Income
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Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$4,064/mo
Mortgage (principal + interest)$3,516
Property taxFrom listing: $6,575/yr$548
Minimum $68,990 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$187,980
Ontario land transfer taxProvincial brackets, no first-time refund$15,273
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$206,053
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Manotick - Kars - Rideau Twp and Area has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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