80 SANDCASTLE Drive N 415, South of Baseline to Knoxdale

$379,999
80 SANDCASTLE Drive N 415

$379,999

Extension
132d
Condo Apartment1 Storey/Apt

80 SANDCASTLE Drive N 415, South of Baseline to Knoxdale

Total Monthly Obligation $2,573

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
132d
Score
20
Yield
6.9%
Cash on Cash
-3.3%
Cap Rate
3.9%
5Y IRR
12.9%
10Y IRR
12.5%
Property Type-Condo Apartment
MLS® Number-X13441610
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Jun 13, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-31-50
Taxes-$2,626.52 (2025)
Maintenance-$621.3/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Baseboard (Electric)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-7601 - Leslie Park
Title-Residential Condo & Other

No agent assigned

Welcome to this spacious and move-in ready 2-bedroom, 1.5-bathroom condo, offering comfort, convenience, and outstanding amenities in a prime Ottawa location. Bright and sun-filled, this well-designed unit features a functional layout, abundant storage throughout, including a walk-in pantry off the kitchen, and generous closet space.Recent upgrades include an upgraded heat pump, a new owned hot water tank (no rental fees), and a new rug in the primary bedroom.The spacious living and dining areas provide an inviting space for everyday living and entertaining. The primary bedroom offers ample closet space and a private 2-piece ensuite, while the second bedroom provides flexibility for guests or a home office.Sophia 1 is a clean, quiet, and exceptionally well-managed building situated within an established community. Residents enjoy an impressive array of amenities, including an outdoor pool, fitness centre, library, party room, bike storage, guest suites, and an exceptionally clean laundry facility. The building also offers a welcoming social atmosphere with plenty of opportunities to connect with neighbours and participate in community activities.Ideally located within walking distance of Queensway Carleton Hospital, parks, forest trails, shopping, pharmacies, grocery stores, restaurants, and everyday amenities, this home offers unbeatable convenience. Public transit is nearby, with quick access to both Highway 416 and Highway 417, making commuting easy in any direction.Perfect for first-time buyers, downsizers, retirees, or investors, this is a fantastic opportunity to own an affordable, amenity-rich condo in one of Ottawa's most convenient locations. Even better in person-book your showing today! Some photos have been virtually staged.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$303,999
Land Transfer Taxes$4,175
Legal Fees (Est.)
$
Total cash required for closing$81,675

Total Monthly Obligation

$2,573/mo
Mortgage $1,533
Monthly Loss $2,170
Principal$403
Interest$1,129
Property Tax$219
Condo Fees$621
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-9.0%1
5-Year IRR
8.9%28
10-Year IRR
10.0%
Returns Index
15.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$26,172/yr
NOI
$11,073/yr
Net Cash Flow
-$610/mo
Cash Margin
-28.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
29.8/ 100

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

Comparables

Properties near 80 SANDCASTLE Drive N 415

Time

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