260 Besserer Street 202, Lower Town - Sandy Hill

$374,900
260 Besserer Street 202

$374,900

New
30d
Condo Apartment1 Storey/Apt

260 Besserer Street 202, Lower Town - Sandy Hill

Total Monthly Obligation $2,951

Beds
2
Baths
1
Park
0
Sqft
1000-1199
DOM
30d
Score
22
Yield
9.3%
Cash on Cash
1.4%
Cap Rate
4.9%
5Y IRR
16.7%
10Y IRR
15.5%
Property Type-Condo Apartment
MLS® Number-X13818482
Beds-2
Bathrooms-1
Size-1000-1199 sqft
Listed on site-Sep 23, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$4,645.93 (2025)
Maintenance-$851.29/mo
Locker-Owned
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-Yes
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-4003 - Sandy Hill
Title-Residential Condo & Other

No agent assigned

Unbeatable Value in Sandy Hill! Over 1,000 sq. ft. of bright, spacious 2-bedroom urban living in the heart of Ottawa for under $375K that includes your heat and water! Welcome to Unit 202 at 260 Besserer Street. This beautifully maintained home features an expansive open-concept living and dining layout anchored by rich hardwood floors, large windows, and a cozy natural gas fireplace. The functional kitchen flows effortlessly into the main living space, making it ideal for both relaxing and entertaining. Unwind outdoors on your large private balcony, complete with a rare natural gas BBQ hookup; a buyer favorite for downtown condo living. Both bedrooms are generously scaled, with the primary bedroom featuring ample closet storage. The 4-piece bathroom offers a spa-like feel with both a standalone shower and a separate deep soaking tub.

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$
%
%
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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

$2,951/mo
Mortgage $1,512
Monthly Loss $2,553
Principal$398
Interest$1,114
Property Tax$387
Condo Fees$851
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.7%25
Cash-on-Cash
-5.1%2
5-Year IRR
12.2%51
10-Year IRR
12.7%
Returns Index
26.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$34,800/yr
NOI
$14,059/yr
Net Cash Flow
-$341/mo
Cash Margin
-11.7%0
Cash Flow Index
0.5/ 100
Risk Profile
Weight: 20%
DSCR
0.7713
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo55
Risk Index
28.6/ 100

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

Comparables

Properties near 260 Besserer Street 202

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.

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Data last updated within the past 24 hours.