2400 Virginia Drive 1101, Alta Vista and Area

$309,990
2400 Virginia Drive 1101

$309,990

New
137d
Condo Apartment1 Storey/Apt

2400 Virginia Drive 1101, Alta Vista and Area

Total Monthly Obligation $2,422

Beds
2
Baths
1
Park
19
Sqft
900-999
DOM
137d
Score
23
Yield
9.1%
Cash on Cash
1.2%
Cap Rate
4.8%
5Y IRR
16.5%
10Y IRR
15.4%
Property Type-Condo Apartment
MLS® Number-X13423544
Beds-2
Bathrooms-1
Size-900-999 sqft
Listed on site-Jun 8, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$2,384 (2026)
Maintenance-$773/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air, Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-3609 - Guildwood Estates - Urbandale Acres
Title-Residential Condo & Other

No agent assigned

Exclusive Penthouse Living with Spectacular Western Views! Welcome to this beautifully upgraded 2-bedroom condo in sought-after Guildwood Estates/Alta Vista, offering breathtaking sunset views over Featherston Park from your oversized private balcony. Enjoy an abundance of natural light through oversized windows and relax on the huge private balcony, perfect for morning coffee or evening sunsets. The spacious layout features luxury vinyl flooring throughout, a bright and inviting living area, a functional kitchen, two generously sized bedrooms, and a full bathroom. Condo fees include all utilities, providing exceptional value and worry-free living. Residents enjoy access to an impressive array of amenities including a renovated foyer and hallways, guest suite, party room, games room, bike room, his-and-hers fitness facilities, sauna, and a quiet library. Included are one owned underground parking space and a full-size storage locker. Ideally located close to shopping, restaurants, transit, parks, Ottawa Hospital, and major amenities, with a quick commute to downtown Ottawa. An excellent opportunity for first-time buyers, downsizers, professionals, or investors seeking comfort, convenience, and exceptional views. ** 3-year Special Assessment effective May 1 2026**

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

Closing Costs

Mortgage Amount
$247,992
Land Transfer Taxes$3,125
Legal Fees (Est.)
$
Total cash required for closing$66,623

Total Monthly Obligation

$2,422/mo
Mortgage $1,250
Monthly Loss $2,093
Principal$329
Interest$921
Property Tax$199
Condo Fees$773
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.6%2
5-Year IRR
11.7%48
10-Year IRR
12.3%
Returns Index
24.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$28,128/yr
NOI
$11,255/yr
Net Cash Flow
-$312/mo
Cash Margin
-13.3%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo68
Risk Index
32.7/ 100

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

Comparables

Properties near 2400 Virginia Drive 1101

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.