88 Richmond Road 204, Westboro - Hampton Park

$449,900
88 Richmond Road 204

$449,900

New
30d
Condo ApartmentApartment

88 Richmond Road 204, Westboro - Hampton Park

Total Monthly Obligation $2,895

Beds
1
Baths
2
Park
1
Sqft
600-699
DOM
30d
Score
17
Yield
5.5%
Cash on Cash
-8.2%
Cap Rate
2.8%
5Y IRR
9.1%
10Y IRR
9.6%
Property Type-Condo Apartment
MLS® Number-X13820402
Beds-1
Bathrooms-2
Size-600-699 sqft
Listed on site-Sep 23, 2026
Style-Apartment
Building Type-Condo Apartment
Age-11-15
Taxes-$4,738.27 (2026)
Maintenance-$485.68/mo
Locker-Ensuite+Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK LAFONTAINE REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-Immediate / TBA
Neighbourhood-5003 - Westboro/Hampton Park
Title-Residential Condo & Other

No agent assigned

Experience stylish urban living in the heart of Westboro with this beautifully appointed one-bedroom-plus-den apartment. Featuring hardwood flooring throughout, two bathrooms and a versatile den ideal for a home office or guest space, this inviting unit offers comfort and convenience in one of Ottawa's most desirable neighbourhoods. Step outside onto the large private terrace, offering an exceptional extension of your living space and the perfect spot for outdoor dining, relaxing or entertaining. Included are one underground parking space (P3-71) and one storage locker (P3-152), all within easy reach of Westboro's popular shops, cafés, restaurants, transit and recreational amenities.

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

Closing Costs

Mortgage Amount
$359,920
Land Transfer Taxes$5,473
Legal Fees (Est.)
$
Total cash required for closing$96,953

Total Monthly Obligation

$2,895/mo
Mortgage $1,815
Monthly Loss $2,418
Principal$478
Interest$1,337
Property Tax$395
Condo Fees$486
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.0%0
5-Year IRR
5.7%13
10-Year IRR
7.5%
Returns Index
7.8/ 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
$24,612/yr
NOI
$9,184/yr
Net Cash Flow
-$1,049/mo
Cash Margin
-51.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.424
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo57
Risk Index
26.1/ 100

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

Comparables

Properties near 88 Richmond Road 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.

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.