354 Gladstone Avenue 213, Ottawa Centre

$454,900
354 Gladstone Avenue 213

$454,900

Price Change
29d
Condo Apartment1 Storey/Apt

354 Gladstone Avenue 213, Ottawa Centre

Total Monthly Obligation $3,239

Beds
1
Baths
1
Park
1
Sqft
800-899
DOM
29d
Score
17
Yield
6.3%
Cash on Cash
-8.4%
Cap Rate
2.8%
5Y IRR
9.0%
10Y IRR
9.4%
Property Type-Condo Apartment
MLS® Number-X13822394
Beds-1
Bathrooms-1
Size-800-899 sqft
Listed on site-Sep 24, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$4,730.88 (2026)
Maintenance-$809.34/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Electric)
Brokerage-CENTURY 21 SYNERGY REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-60-89 days
Neighbourhood-4103 - Ottawa Centre
Title-Residential Condo & Other

No agent assigned

Rarely offered 800+ sq. ft. condo flooded with natural light from floor to ceiling windows. Features a sleek kitchen with quartz counters and stainless steel appliances, plus a versatile den, perfect for a home office. Step outside to your private, large terrace to relax or entertain. Unbeatable walkability to the Rideau Canal, cafés, top restaurants, and shopping, with quick access to nearby transit and the LRT. Includes 1 secure underground parking space. Ideal for urban professionals, investors or first-time buyers!

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

Closing Costs

Mortgage Amount
$363,920
Land Transfer Taxes$5,573
Legal Fees (Est.)
$
Total cash required for closing$98,053

Total Monthly Obligation

$3,239/mo
Mortgage $1,835
Monthly Loss $2,756
Principal$483
Interest$1,352
Property Tax$394
Condo Fees$809
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.9%12
Cash-on-Cash
-13.5%0
5-Year IRR
5.5%12
10-Year IRR
7.4%
Returns Index
7.4/ 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
$28,548/yr
NOI
$8,850/yr
Net Cash Flow
-$1,097/mo
Cash Margin
-46.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.403
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
23.7/ 100

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

Comparables

Properties near 354 Gladstone Avenue 213

Time

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Data last updated within the past 24 hours.