320 Mcleod Street 701, Ottawa Centre

$599,900
320 Mcleod Street 701

$599,900

New
29d
Condo ApartmentApartment

320 Mcleod Street 701, Ottawa Centre

Total Monthly Obligation $4,158

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
29d
Score
16
Yield
6.2%
Cash on Cash
-8.1%
Cap Rate
2.9%
5Y IRR
9.2%
10Y IRR
9.6%
Property Type-Condo Apartment
MLS® Number-X13824562
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$5,610 (2025)
Maintenance-$1,071/mo
Locker-Common
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-COLDWELL BANKER SARAZEN REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBA
Neighbourhood-4103 - Ottawa Centre
Title-Residential Condo & Other

No agent assigned

Panoramic City views from this 7th floor Corner Exec apt in the popular Opus building in central downtown Ottawa. Spacious 2 bdrm/2 bath + Den apt with Open concept layout, private balcony, gourmet kitchen with granite counters, custom cabinetry, top end stainless steel appliances, gleaming wood floors, large masterbdrm with luxury ensuite bath/soaker tub and walk in closet, 1 deeded Parking underground stall, locker and 2 bike stalls. Building offers concierge, gym, guest suites, visitor parking and partyrm with BBQ and patio. Pet friendly building! Heat included in monthly fee. Short walk to the Glebe/Landsdowne, Parliament Hill, Byward Mkt, and shops along Elgin St. Bright and Beautifully presented

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

Closing Costs

Mortgage Amount
$479,920
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,953

Total Monthly Obligation

$4,158/mo
Mortgage $2,420
Monthly Loss $3,522
Principal$637
Interest$1,783
Property Tax$468
Condo Fees$1,071
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.1%13
Cash-on-Cash
-12.7%0
5-Year IRR
6.1%14
10-Year IRR
7.8%
Returns Index
8.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$37,284/yr
NOI
$12,694/yr
Net Cash Flow
-$1,362/mo
Cash Margin
-43.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
19.6/ 100

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

Comparables

Properties near 320 Mcleod Street 701

Time

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Data last updated within the past 24 hours.