150 Greenfield Avenue 204, Glebe - Ottawa East and Area

$319,900
150 Greenfield Avenue 204

$319,900

New
30d
Condo Apartment1 Storey/Apt

150 Greenfield Avenue 204, Glebe - Ottawa East and Area

Total Monthly Obligation $3,004

Bed+Den
2+1
Baths
2
Park
0
Sqft
900-999
DOM
30d
Score
19
Yield
10.3%
Cash on Cash
-2.2%
Cap Rate
4.1%
5Y IRR
13.8%
10Y IRR
13.2%
Property Type-Condo Apartment
MLS® Number-X13819510
Bed+Den-2+1
Bathrooms-2
Size-900-999 sqft
Listed on site-Sep 23, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$5,124.5 (2025)
Maintenance-$1,086.45/mo
Locker-None
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE INTEGRITY REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Stucco (Plaster)
Possession-TBA
Neighbourhood-4408 - Ottawa East
Title-Residential Condo & Other

No agent assigned

Welcome to 150 Greenfield Avenue, Unit 204, located in a sought-after, centrally located neighbourhood just steps from the Rideau Canal, Elgin Street, the University of Ottawa and Lansdowne. This beautifully upgraded, light-filled 2-bedroom, 2-bathroom, 2-storey condo is tucked away in a true hidden gem of a community. Built in 2018, this stylish home offers a thoughtfully designed layout with chic industrial elements, beautiful engineered hardwood floors and wall-to-wall windows that flood the living space with natural light. Step into the welcoming foyer before making your way into the open-concept living space. The eat-in kitchen is a standout, featuring quartz countertops, a Wolf gas range, high-end stainless steel appliances, custom Muskoka cabinetry, open shelving, floor-to-ceiling tile, and a built-in wine fridge, all overlooking the sun-filled living room. The main level also includes a generously sized bedroom and a stunning marble-tiled three-piece bathroom with a custom Muskoka vanity and quartz counters. On the lower level, you will find the spacious primary bedroom with a walk-in closet, a spa-like ensuite also with high-end custom finishes, a bonus nook, and an oversized laundry closet. Enjoy the rooftop terrace with BBQ area and stunning 360-degree views of the city, including the Parliament Buildings. The condo is pet-friendly and includes owned bicycle storage. This unbeatable location offers a bus stop right at your door while being within walking distance to parks, the Rideau Canal and Rideau River pathways, the University of Ottawa, Elgin Street, the Glebe, Centretown, the Market, LRT, and scenic bike paths. It also provides quick access to Highway 417 for an easy commute and is close to local favourites such as Main Street Farmer's Market, Jfuse Restaurant, Tartelette Bakery, Nu Grocery and more. This is more than a home, it is a lifestyle! Come have a look today!

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Closing Costs

Mortgage Amount
$255,920
Land Transfer Taxes$3,274
Legal Fees (Est.)
$
Total cash required for closing$68,754

Total Monthly Obligation

$3,004/mo
Mortgage $1,290
Monthly Loss $2,664
Principal$340
Interest$951
Property Tax$427
Condo Fees$1,086
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.4%1
5-Year IRR
9.1%30
10-Year IRR
10.5%
Returns Index
15.5/ 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
$32,904/yr
NOI
$9,052/yr
Net Cash Flow
-$536/mo
Cash Margin
-19.6%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.587
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
26.1/ 100

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

Comparables

Properties near 150 Greenfield Avenue 204

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.