485 Richmond Road 1905, Carlingwood - Westboro and Area

$408,000
485 Richmond Road 1905

$408,000

New
36d
Condo ApartmentApartment

485 Richmond Road 1905, Carlingwood - Westboro and Area

Total Monthly Obligation $2,688

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
36d
Score
19
Yield
6.3%
Cash on Cash
-5.3%
Cap Rate
3.4%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Condo Apartment
MLS® Number-X13795734
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Sep 17, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,165.89 (2026)
Maintenance-$495.07/mo
Locker-Owned
Parking-1 - Other
Basement-None
Heating-Forced Air (Gas)
Brokerage-ENGEL & VOLKERS OTTAWA
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-5102 - Westboro West
Title-Residential Condo & Other

No agent assigned

Whether you're looking for a place to call home, an investment opportunity, or a stylish pied-à-terre in the city, this exceptional condo offers an urban lifestyle in the heart of Westboro Village, one of Ottawa's most vibrant and walkable neighbourhoods. Located in Upper West, this stylish 1-bedroom, 1-bathroom condo features a bright, open-concept layout with floor-to-ceiling windows, modern flooring, stainless steel appliances, quartz countertops, and a private balcony with partial Ottawa River views. In-suite laundry, parking, and a storage locker add everyday convenience. Residents enjoy an impressive array of amenities, including a fitness centre, outdoor terrace with BBQ area, party room, guest suite, bicycle storage, and more. Ideally located steps from popular restaurants, cafés, boutique shops, local breweries, groceries, and everyday conveniences, with NCC parkland, scenic walking and cycling trails, and the Ottawa River nearby. Easy access to public transit, downtown Ottawa, and the Ottawa River Parkway makes this an exceptional place to call home.

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

Closing Costs

Mortgage Amount
$326,400
Land Transfer Taxes$4,635
Legal Fees (Est.)
$
Total cash required for closing$87,735

Total Monthly Obligation

$2,688/mo
Mortgage $1,646
Monthly Loss $2,255
Principal$433
Interest$1,213
Property Tax$347
Condo Fees$495
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.6%1
5-Year IRR
7.6%21
10-Year IRR
9.0%
Returns Index
11.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$25,512/yr
NOI
$10,454/yr
Net Cash Flow
-$775/mo
Cash Margin
-36.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo61
Risk Index
28.3/ 100

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

Comparables

Properties near 485 Richmond Road 1905

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.