1201 Ohio Street 107, Billings Bridge - Riverside Park and Area

$324,900
1201 Ohio Street 107

$324,900

New
36d
Condo ApartmentApartment

1201 Ohio Street 107, Billings Bridge - Riverside Park and Area

Total Monthly Obligation $2,237

Beds
1
Baths
1
Park
0
Sqft
800-899
DOM
36d
Score
24
Yield
8.0%
Cash on Cash
1.4%
Cap Rate
4.9%
5Y IRR
16.7%
10Y IRR
15.5%
Property Type-Condo Apartment
MLS® Number-X13795288
Beds-1
Bathrooms-1
Size-800-899 sqft
Listed on site-Sep 17, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,406.56 (2025)
Maintenance-$442.74/mo
Locker-Exclusive
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE PERFORMANCE REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Stone, Stucco (Plaster)
Possession-Flexible
Neighbourhood-4601 - Billings Bridge
Title-Residential Condo & Other

No agent assigned

Tucked away in a quiet, central enclave just off Bank Street, welcome to the 1201 Ohio Street condominium complex. Step inside Unit #107 to find a freshly painted interior with rich hardwood flooring flowing through the main living and dining spaces. The kitchen comes fully equipped with brand-new stainless steel appliances and plenty of cabinet space. A true highlight of this home is the versatile den-finished with brand-new vinyl flooring, this private space serves as an ideal home office, guest space, or hobby room.The spacious primary bedroom also features continuous hardwood flooring and looks directly out onto peaceful, lush green views. Conveniently located right next to the bedroom is a full bathroom.Key updates include fresh paint throughout, all brand-new kitchen appliances, an owned hot water tank (August 2024), and in-unit laundry with a washer and dryer updated in 2023.This unit includes a dedicated storage locker, while building amenities feature a bike room and a common room for social events. Located in an exceptionally bike-friendly neighbourhood with close proximity to bike paths, you are just minutes from Billings Bridge Mall, Lansdowne, South Keys Plaza, major grocery stores, restaurants, and the Ottawa Hospital. With bus stops only 2 minutes away and easy highway access, commuting is a breeze | Status certificate has been ordered & can be provided upon request after showings | Some photos have been virtually staged.| Parking Note: Seller currently rents a parking spot for $100/month in the building

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$259,920
Land Transfer Taxes$3,349
Legal Fees (Est.)
$
Total cash required for closing$69,829

Total Monthly Obligation

$2,237/mo
Mortgage $1,311
Monthly Loss $1,892
Principal$345
Interest$966
Property Tax$284
Condo Fees$443
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-5.0%2
5-Year IRR
12.0%50
10-Year IRR
12.5%
Returns Index
26.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$25,956/yr
NOI
$12,241/yr
Net Cash Flow
-$290/mo
Cash Margin
-13.4%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.7813
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo73
Risk Index
34.9/ 100

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

Comparables

Properties near 1201 Ohio Street 107

Time

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Data last updated within the past 24 hours.