485 Richmond Road 1107, Carlingwood - Westboro and Area

$374,900
485 Richmond Road 1107

$374,900

New
35d
Condo ApartmentApartment

485 Richmond Road 1107, Carlingwood - Westboro and Area

Total Monthly Obligation $2,627

Beds
1
Baths
1
Park
0
Sqft
500-599
DOM
35d
Score
19
Yield
6.8%
Cash on Cash
-5.0%
Cap Rate
3.5%
5Y IRR
11.6%
10Y IRR
11.5%
Property Type-Condo Apartment
MLS® Number-X13803670
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Sep 18, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,178 (2025)
Maintenance-$650/mo
Locker-Owned
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-COLDWELL BANKER SARAZEN REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Metal/Steel Siding, Other
Foundation-Not Applicable
Possession-TBA
Neighbourhood-5102 - Westboro West
Title-Residential Condo & Other

No agent assigned

Welcome to unit 1107 at 485 Richmond Road in the prestigious Upper West, by Minto. This lovely 1-bedroom, 1-bathroom condo is nestled perfectly in Westboro, one of Ottawa's most sought-after neighbourhoods. Enjoy easy living in this contemporary apartment, with wood and tiled floors and stunning floor-to-ceiling windows offering panoramic views from the patio. The kitchen features stainless-steel appliances, sleek quartz countertops, a convenient breakfast bar, and ample cabinet space. The spacious bedroom includes a large closet and a full-length wall of windows overlooking the patio and beyond. The modern 3-piece bath boasts a walk-in shower with a quartz vanity countertop and glass shower doors. Additional highlights include in-suite laundry, neutral finishes, and window blinds. Residents can access luxurious amenities, including an excellent fitness center, two party/meeting rooms - one with a full kitchen - plus a wraparound terrace with community BBQs, a gas fireplace, soothing reflection pool, and lounge area. Step outside to Richmond Road and explore the area's boutiques, cafes, pubs and restaurants, grocers, trails along the Ottawa River, and Westboro Beach - all within a short distance. Transit is available on Richmond Road, and the developing O-Train LRT extension will improve commuting and further enhance the incredible convenience of this location. This turnkey condo perfectly combines modern comfort, exceptional amenities, and an unbeatable location-an urban retreat ready to move in!

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

Closing Costs

Mortgage Amount
$299,920
Land Transfer Taxes$4,099
Legal Fees (Est.)
$
Total cash required for closing$80,579

Total Monthly Obligation

$2,627/mo
Mortgage $1,512
Monthly Loss $2,229
Principal$398
Interest$1,114
Property Tax$265
Condo Fees$650
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.6%1
5-Year IRR
7.7%21
10-Year IRR
9.1%
Returns Index
11.8/ 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
$9,583/yr
Net Cash Flow
-$714/mo
Cash Margin
-33.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo63
Risk Index
28.8/ 100

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

Comparables

Properties near 485 Richmond Road 1107

Time

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