300 B Lett Street 317, West Centre Town

$699,900
300 B Lett Street 317

$699,900

New
29d
Condo Apartment3-Storey

300 B Lett Street 317, West Centre Town

Total Monthly Obligation $4,726

Beds
2
Baths
2
Park
1
Sqft
1200-1399
DOM
29d
Score
19
Yield
7.3%
Cash on Cash
-2.4%
Cap Rate
4.1%
5Y IRR
13.6%
10Y IRR
13.1%
Property Type-Condo Apartment
MLS® Number-X13823338
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Sep 24, 2026
Style-3-Storey
Building Type-Condo Apartment
Taxes-$7,512.65 (2026)
Maintenance-$1,077/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-REAL BROKER ONTARIO LTD.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Aluminum Siding
Possession-Immediate
Neighbourhood-4204 - West Centre Town
Title-Residential Condo & Other

No agent assigned

Welcome to Suite 317, a truly exceptional residence in the heart of LeBreton Flats, where urban convenience meets the beauty of nature. Spanning just under 1,400 square feet across three thoughtfully designed levels, this former model suite offers a rare combination of space, style, and spectacular surroundings. Floor to ceiling and atrium style windows flood the home with natural light while framing picturesque views of mature trees, tranquil waterways, NCC green space, and Ottawa's iconic soon to be new Public Library - Adisoke. The open concept main living area features hardwood flooring, quartz countertops, and a spacious kitchen with island seating, seamlessly connecting the living and dining spaces for effortless entertaining. Offering two generous bedrooms and two full bathrooms, with heated flooring in ensuite bathroom, the layout provides excellent flexibility for professionals, guests, or those working from home. The primary suite includes custom closet organizers, while the second bedroom enjoys the privacy of its own level. Crowning the home is a private rooftop terrace complete with a natural gas BBQ hookup - an incredible space for entertaining, relaxing, and enjoying serene views of the incredible architecture of the Library, the outdoor pool, and surrounding landscape of mature foliage and the Ottawa River Aqueduct. Additional features include underground parking, a rare two storage lockers, and access to premium building amenities including a fitness centre, party room, an outdoor roof top terrace, and pool. Located just steps from Pimisi LRT, the Ottawa River pathways, downtown, restaurants, shopping, and entertainment , Suite 317 offers a lifestyle that is difficult to replicate - where nature is at your doorstep and the best of Ottawa is at your feet. Incredible value at $507 per sq ft!!!

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

Closing Costs

Mortgage Amount
$559,920
Land Transfer Taxes$10,473
Legal Fees (Est.)
$
Total cash required for closing$151,953

Total Monthly Obligation

$4,726/mo
Mortgage $2,823
Monthly Loss $3,983
Principal$743
Interest$2,080
Property Tax$626
Condo Fees$1,077
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.2%1
5-Year IRR
10.3%37
10-Year IRR
11.1%
Returns Index
19.6/ 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
$51,000/yr
NOI
$23,063/yr
Net Cash Flow
-$901/mo
Cash Margin
-21.2%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
19.7/ 100

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

Comparables

Properties near 300 B Lett Street 317

Time

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Data last updated within the past 24 hours.