60 SPRINGHURST Avenue 405, Glebe - Ottawa East and Area

$484,900
60 SPRINGHURST Avenue 405

$484,900

New
50d
Condo ApartmentApartment

60 SPRINGHURST Avenue 405, Glebe - Ottawa East and Area

Total Monthly Obligation $3,106

Beds
1
Baths
1
Park
1
Sqft
700-799
DOM
50d
Score
18
Yield
5.8%
Cash on Cash
-6.6%
Cap Rate
3.2%
5Y IRR
10.3%
10Y IRR
10.5%
Property Type-Condo Apartment
MLS® Number-X13741730
Beds-1
Bathrooms-1
Size-700-799 sqft
Listed on site-Sep 3, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,484.4 (2026)
Maintenance-$576.39/mo
Locker-Owned
Parking-1 - Underground
Basement-None, None
Heating-Heat Pump (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Other
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Foundation-Concrete
Possession-TBD
Neighbourhood-4407 - Ottawa East
Title-Residential Condo & Other

No agent assigned

Welcome to 60 Springhurst Ave., Unit 405! Freshly painted and professionally cleaned, this move-in-ready contemporary 1-bedroom suite offers over 700 sq. ft. of thoughtfully designed interior living space, plus a private balcony, in the highly desirable community of Old Ottawa East.One of the standout features of this suite is the combination of a private balcony and owned underground parking-valuable conveniences that enhance both everyday living and overall value. The naturally flowing layout is designed with a perfect combination of style, craftsmanship and functionality.The suite features quality finishes, including hardwood flooring, quartz/granite countertops, and a stylish designer kitchen with stainless steel appliances, LED under-cabinet lighting and soft-close drawers. Enjoy the added convenience of in-suite laundry and a private outdoor space to relax and enjoy the outdoors.Residents can enjoy the building's central garden and rooftop terrace in this entirely smoke-free community. Ideally located just steps from the Rideau Canal and Rideau River and minutes to downtown Ottawa, Lansdowne Park and the Glebe, with restaurants, cafés, shopping, recreation and everyday amenities nearby.Freshly updated, exceptionally clean and competitively priced, this beautiful suite offers exceptional value. With over 700 sq. ft. of interior living space, a private balcony and owned underground parking, this is a fantastic opportunity for first-time buyers, professionals, downsizers or investors seeking a stylish home in one of Ottawa's most desirable urban neighbourhoods. Don't miss this opportunity!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$387,920
Land Transfer Taxes$6,173
Legal Fees (Est.)
$
Total cash required for closing$104,653

Total Monthly Obligation

$3,106/mo
Mortgage $1,956
Monthly Loss $2,591
Principal$515
Interest$1,441
Property Tax$374
Condo Fees$576
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.4%0
5-Year IRR
6.9%18
10-Year IRR
8.4%
Returns Index
10.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$28,152/yr
NOI
$11,536/yr
Net Cash Flow
-$995/mo
Cash Margin
-42.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
25.0/ 100

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

Comparables

Properties near 60 SPRINGHURST Avenue 405

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.