1195 Richmond Road 202, Woodroffe

$398,000
1195 Richmond Road 202

$398,000

New
35d
Condo ApartmentApartment

1195 Richmond Road 202, Woodroffe

Total Monthly Obligation $3,011

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
35d
Score
17
Yield
6.6%
Cash on Cash
-9.1%
Cap Rate
2.6%
5Y IRR
8.5%
10Y IRR
9.0%
Property Type-Condo Apartment
MLS® Number-X13800906
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Sep 18, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,084.49 (2026)
Maintenance-$949/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Baseboard (Electric)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-to be arranged
Neighbourhood-6001 - Woodroffe
Title-Residential Condo & Other

No agent assigned

You're not looking for just any two-bedroom condo. You want generous space, timeless finishes and the confidence of a meticulously maintained, well-run building with exceptional amenities. This light-filled two-bedroom, two-bath residence delivers. Updated flooring and neutral décor create an inviting backdrop for spacious principal rooms, an updated kitchen and the convenience of in-unit laundry. The primary bedroom features its own 2-piece ensuite, while west-facing windows frame leafy views and beautiful afternoon light. Step onto the generous terrace with ample room for both lounging and dining. One underground parking space and storage locker included. Enjoy an impressive array of amenities including an outdoor pool and BBQ area, fitness centre, library, saunas, party room, lounge, workshop, guest suite, car wash and bicycle storage. Condo fees include heat, hydro, water, Bell TV package, internet and WIFI for truly carefree living. Steps to Britannia Park, the Ottawa River, NCC trails, shopping, transit and future LRT - everything you need for easy active living!

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

Closing Costs

Mortgage Amount
$318,400
Land Transfer Taxes$4,445
Legal Fees (Est.)
$
Total cash required for closing$85,545

Total Monthly Obligation

$3,011/mo
Mortgage $1,605
Monthly Loss $2,589
Principal$422
Interest$1,183
Property Tax$257
Condo Fees$949
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.7%11
Cash-on-Cash
-14.5%0
5-Year IRR
4.8%10
10-Year IRR
7.0%
Returns Index
6.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$26,340/yr
NOI
$6,834/yr
Net Cash Flow
-$1,036/mo
Cash Margin
-47.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.353
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
25.0/ 100

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

Comparables

Properties near 1195 Richmond Road 202

Time

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