1440 Heron Road 811, Hunt Club - South Keys and Area

$246,000
1440 Heron Road 811

$246,000

Price Change
170d
Condo ApartmentApartment

1440 Heron Road 811, Hunt Club - South Keys and Area

Total Monthly Obligation $2,133

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
170d
Score
27
Yield
11.0%
Cash on Cash
5.8%
Cap Rate
5.8%
5Y IRR
20.2%
10Y IRR
18.4%
Property Type-Condo Apartment
MLS® Number-X13091018
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-May 6, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,234 (2025)
Maintenance-$754.76/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Baseboard (Electric)
Brokerage-COLDWELL BANKER FIRST OTTAWA REALTY
Cooling-Window Unit(s)
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBA
Neighbourhood-3802 - Heron Gate
Title-Residential Condo & Other

No agent assigned

Location, Location, Location! Welcome to Alta Vista Court! This well-managed condo in the heart of Central Ottawa, offering convenience, comfort, and Exceptional Value. This bright and spacious 8th-floor CORNER UNIT features 2 Bedrooms and 2 Full Bathrooms, complete with IN-SUITE Laundry for added ease. The carpet-free layout showcases durable & stylish vinyl plank flooring throughout. The open Living/Dining area is spacious and flooded with natural light from the large patio doors. The bright kitchen offers ample cabinetry and counter space, ideal for everyday living and entertaining. The primary bedroom retreat includes a walk-thru closet and a private 4-piece ensuite. A well-sized 2nd bedroom is complemented by a full 4-piece bathroom conveniently located just across. Step out onto your private West-Facing Balcony and enjoy unobstructed sunset views and sweeping city scenery from the 8th floor. This unit also includes OWNED underground Parking with direct elevator access for ultimate convenience. Residents benefit from excellent amenities, including a recently updated indoor pool and hot tub. Unbeatable location just off Bank Street, steps to Heron Road Community Centre, and minutes to Mooney's Bay Beach, RA Centre, Carleton University, The Ottawa Hospital, and South Keys Shopping. Perfect for first-time buyers, downsizers, and investors alike-this is your opportunity to own in a prime central location. Book your showing today-don't miss out!

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$
%
%
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$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$196,800
Land Transfer Taxes$2,185
Legal Fees (Est.)
$
Total cash required for closing$52,885

Total Monthly Obligation

$2,133/mo
Mortgage $992
Monthly Loss $1,872
Principal$261
Interest$731
Property Tax$186
Condo Fees$755
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.3%30
Cash-on-Cash
-2.4%4
5-Year IRR
14.4%67
10-Year IRR
14.6%
Returns Index
34.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
27/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$27,036/yr
NOI
$10,641/yr
Net Cash Flow
-$106/mo
Cash Margin
-4.7%2
Cash Flow Index
1.9/ 100
Risk Profile
Weight: 20%
DSCR
0.8919
LTV Ratio
80.0%18
Vacancy Buffer
4.5 mo76
Risk Index
37.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1440 Heron Road 811

Time

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Data last updated within the past 24 hours.