1785 Frobisher Lane 2204, Alta Vista and Area

$449,000
1785 Frobisher Lane 2204

$449,000

Price Change
119d
Condo ApartmentApartment

1785 Frobisher Lane 2204, Alta Vista and Area

Total Monthly Obligation $3,732

Beds
3
Baths
2
Park
1
Sqft
1400-1599
DOM
119d
Score
23
Yield
10.2%
Cash on Cash
2.9%
Cap Rate
5.2%
5Y IRR
17.8%
10Y IRR
16.5%
Property Type-Condo Apartment
MLS® Number-X13493508
Beds-3
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Jun 26, 2026
Style-Apartment
Building Type-Condo Apartment
Age-51-99
Taxes-$4,462.61 (2026)
Maintenance-$1,349.4/mo
Locker-Exclusive
Parking-1 - Underground
Basement-Partially Finished
Heating-Water (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBD
Neighbourhood-3602 - Riverview Park
Title-Residential Condo & Other

No agent assigned

This bright and spacious North-facing 1,500+ sq. ft. corner unit is filled with natural light and offers 3 bedrooms, 2 full bathrooms, and two private balconies with unobstructed views of the Rideau River, downtown skyline, and Lansdowne Park. Designed for easy, low-maintenance living, the unit also includes a large storage locker, while condo fees cover heat, hydro, and water for added convenience and predictable monthly costs. Residents enjoy an exceptional selection of amenities, including an indoor pool, sauna, fitness centre, party room, games room, library, guest suite, workshop, bike storage, car wash, dog run, landscaped terrace with BBQ area, and an on-site convenience store. Shared laundry facilities are conveniently located on every floor, and underground parking offers secure interior building access. Ideally located just steps from the Smyth Transit Station, with OC Transpo at your doorstep and the LRT only two stops away, commuting anywhere in the city is effortless. Enjoy quick access to Highway 417, The Ottawa Hospital's Riverside and General Campuses, CHEO, shopping, dining, grocery stores, and everyday conveniences at Trainyards, as well as nearby parks, pathways, and cycling routes. Move-in ready and offering outstanding comfort, convenience, and value, this home is an excellent choice for medical professionals, downsizers, or anyone seeking carefree, bungalow-style living in one of Ottawa's most convenient locations.

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

Closing Costs

Mortgage Amount
$359,200
Land Transfer Taxes$5,455
Legal Fees (Est.)
$
Total cash required for closing$96,755

Total Monthly Obligation

$3,732/mo
Mortgage $1,811
Monthly Loss $3,256
Principal$477
Interest$1,335
Property Tax$372
Condo Fees$1,349
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.1%28
Cash-on-Cash
-3.5%3
5-Year IRR
13.5%61
10-Year IRR
13.8%
Returns Index
31.2/ 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
$45,972/yr
NOI
$18,319/yr
Net Cash Flow
-$285/mo
Cash Margin
-7.4%1
Cash Flow Index
1.1/ 100
Risk Profile
Weight: 20%
DSCR
0.8416
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
25.2/ 100

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

Comparables

Properties near 1785 Frobisher Lane 2204

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.