320 MIWATE Private 303, West Centre Town

$529,000
320 MIWATE Private 303

$529,000

Price Change
37d
Condo ApartmentApartment

320 MIWATE Private 303, West Centre Town

Total Monthly Obligation $3,349

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
37d
Score
16
Yield
5.0%
Cash on Cash
-10.0%
Cap Rate
2.4%
5Y IRR
7.8%
10Y IRR
8.5%
Property Type-Condo Apartment
MLS® Number-X13792948
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Sep 16, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,899 (2026)
Maintenance-$606.49/mo
Locker-Owned
Parking-1 - Underground
Basement-None, None
Heating-Heat Pump (Other)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-End of November
Neighbourhood-4201 - Mechanicsville
Title-Residential Condo & Other

No agent assigned

Discover luxury living in Ottawa's most dynamic eco-friendly community. This south-facing 1-bedroom, 1-bathroom suite features a modern open-concept layout and an impressive 21' x 8' private balcony with stunning waterfront views. Enjoy direct access to scenic riverfront pathways, green space, public plazas and Zibi's innovative zero-carbon district energy system. Residents have access to a well-equipped gym (3rd floor), reading room/lounge (2nd floor), landscaped courtyard, secure bike storage and pet wash station (P1). Ideal central location just 10 minutes from Rideau Centre, Hintonburg, Little Italy, and Gatineau Park. Walk out your door to future ground-floor cafes, boutiques, and vibrant public plazas at Head Street Square, with major future development planned nearby at LeBreton Flats. Includes underground parking and an adjacent storage locker. Tenanted until end of Nov 2026 (24h notice for showings). Status cert on file

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$423,200
Land Transfer Taxes$7,055
Legal Fees (Est.)
$
Total cash required for closing$114,355

Total Monthly Obligation

$3,349/mo
Mortgage $2,134
Monthly Loss $2,787
Principal$562
Interest$1,572
Property Tax$408
Condo Fees$606
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.7%11
Cash-on-Cash
-14.4%0
5-Year IRR
4.6%10
10-Year IRR
6.7%
Returns Index
6.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$26,472/yr
NOI
$9,248/yr
Net Cash Flow
-$1,363/mo
Cash Margin
-61.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.363
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
22.9/ 100

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

Comparables

Properties near 320 MIWATE Private 303

Time

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Data last updated within the past 24 hours.