1785 Frobisher Lane 2701, Alta Vista and Area

$374,900
1785 Frobisher Lane 2701

$374,900

New
66d
Condo ApartmentApartment

1785 Frobisher Lane 2701, Alta Vista and Area

Total Monthly Obligation $2,725

Beds
2
Baths
1
Park
1
Sqft
800-899
DOM
66d
Score
21
Yield
7.9%
Cash on Cash
-1.4%
Cap Rate
4.3%
5Y IRR
14.4%
10Y IRR
13.7%
Property Type-Condo Apartment
MLS® Number-X13688326
Beds-2
Bathrooms-1
Size-800-899 sqft
Listed on site-Aug 18, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,920.21 (2026)
Maintenance-$769.33/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Water (Gas)
Brokerage-ROYAL LEPAGE INTEGRITY 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

Welcome to this beautifully renovated 2-bedroom+ Den, 1-bathroom condo offering stylish, modern living in a prime location. Fully renovated in2021, this bright and spacious unit features a thoughtfully redesigned open-concept layout with a relocated kitchen, new cabinetry and countertops, hardwood flooring throughout, an updated bathroom, new lighting fixtures, pot lights, custom closets, fresh paint, and new window A/C units. The open kitchen flows seamlessly into the living and dining areas, creating an inviting space for everyday living and entertaining. A separate den adds valuable extra living space and is ideal for a home office, reading nook, pantry, or additional kitchen storage and cabinetry, providing the flexibility to suit your lifestyle. Enjoy not one, but two private outdoor spaces. A cozy private balcony off the second bedroom offers a quiet and comfortable retreat, while the expansive 17' x 8' northwest-facing balcony showcases beautiful views of the Ottawa River and provides an ideal setting for relaxing or entertaining outdoors. Residents enjoy outstanding building amenities, including a lap pool, sauna, party/meeting room, and convenient same-floor laundry. The unit also includes underground parking and a storage locker. Condo fees cover all utilities and access to the building's amenities, offering exceptional value and worry-free living. Ideally located close to transit, shopping, parks, hospitals, and Highway 417. Preferred closing date is August 31 or September 1, although the seller is flexible. Move-in ready and perfectly located, this exceptional condo offers the ideal blend of comfort, convenience, and modern living. Don't miss your opportunity to call it home!

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

Closing Costs

Mortgage Amount
$299,920
Land Transfer Taxes$4,099
Legal Fees (Est.)
$
Total cash required for closing$80,579

Total Monthly Obligation

$2,725/mo
Mortgage $1,512
Monthly Loss $2,327
Principal$398
Interest$1,114
Property Tax$243
Condo Fees$769
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.4%1
5-Year IRR
10.2%37
10-Year IRR
11.1%
Returns Index
19.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$29,688/yr
NOI
$12,167/yr
Net Cash Flow
-$498/mo
Cash Margin
-20.1%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
29.1/ 100

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

Comparables

Properties near 1785 Frobisher Lane 2701

Time

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