530 Laurier Avenue W 2006, Ottawa Centre

$349,900
530 Laurier Avenue W 2006

$349,900

New
29d
Condo ApartmentApartment

530 Laurier Avenue W 2006, Ottawa Centre

Total Monthly Obligation $2,757

Beds
2
Baths
1
Park
1
Sqft
700-799
DOM
29d
Score
21
Yield
8.7%
Cash on Cash
-1.1%
Cap Rate
4.3%
5Y IRR
14.7%
10Y IRR
13.9%
Property Type-Condo Apartment
MLS® Number-X13823484
Beds-2
Bathrooms-1
Size-700-799 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,868.22 (2026)
Maintenance-$907/mo
Locker-Exclusive
Parking-1 - Other
Basement-None
Heating-Baseboard (Electric)
Brokerage-ROYAL LEPAGE PERFORMANCE REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBD
Neighbourhood-4102 - Ottawa Centre
Title-Residential Condo & Other

No agent assigned

Welcome to elevated downtown living with sweeping city views from the 20th floor. This bright and inviting 2-bedroom condo offers a functional layout, rich hardwood and ceramic flooring and large south-facing windows that fill the spaces with natural light. The spacious living room flows into a dedicated dining area and out to a private covered balcony, an ideal spot to relax and take in the impressive views.The kitchen features generous cabinet and counter space, a stylish glass-tile mosaic backsplash, and a convenient breakfast bar. Both bedrooms are well proportioned, including a generous primary bedroom with a deep walk-in closet. The second bedroom offers excellent flexibility as a guest room, home office or additional living space. A full bathroom, in-suite laundry, and generous in-suite storage complete the unit. Enjoy an impressive selection of building amenities, including an indoor saltwater pool, spa hot tub, sauna, fitness centre, workshop, billiards, library, lounge and games areas, meeting and entertaining spaces, guest suites, beautifully landscaped outdoor terraces and gardens, BBQ/picnic areas, 24-hour security and resident superintendent. The all-inclusive condo fee adds exceptional convenience and value (heat, hydro, water, and central air included), and the unit also includes one garage parking space and one storage locker. Ideally positioned in the heart of downtown yet in a quiet area, just a short walk to Lyon LRT Station and close to Parliament Hill, Sparks Street, LeBreton Flats, Chinatown, Little Italy, restaurants, shopping, museums, libraries, schools, concert venues, parks, a community garden, and the Ottawa River pathways. A fantastic opportunity to enjoy convenient, low-maintenance living with outstanding amenities and the best of central Ottawa right outside your door. 24hr irrevocable on all offers.

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

Closing Costs

Mortgage Amount
$279,920
Land Transfer Taxes$3,724
Legal Fees (Est.)
$
Total cash required for closing$75,204

Total Monthly Obligation

$2,757/mo
Mortgage $1,411
Monthly Loss $2,386
Principal$371
Interest$1,040
Property Tax$239
Condo Fees$907
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.5%1
5-Year IRR
10.2%37
10-Year IRR
11.2%
Returns Index
19.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$30,480/yr
NOI
$11,280/yr
Net Cash Flow
-$471/mo
Cash Margin
-18.6%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
28.8/ 100

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

Comparables

Properties near 530 Laurier Avenue W 2006

Time

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