1025 Grenon Avenue 808, Britannia Heights - Queensway Terrace N and Area

$349,900
1025 Grenon Avenue 808

$349,900

New
28d
Condo Apartment1 Storey/Apt

1025 Grenon Avenue 808, Britannia Heights - Queensway Terrace N and Area

Total Monthly Obligation $2,489

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
28d
Score
21
Yield
7.7%
Cash on Cash
-1.3%
Cap Rate
4.3%
5Y IRR
14.5%
10Y IRR
13.8%
Property Type-Condo Apartment
MLS® Number-X13828296
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Sep 25, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$2,929 (2026)
Maintenance-$633.34/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Baseboard (Electric)
Brokerage-ROYAL LEPAGE INTEGRITY REALTY
Cooling-Other
Laundry-No
Fireplace-No
Pool-None
Exterior-Other, Stucco (Plaster)
Possession-Flexible
Neighbourhood-6202 - Fairfield Heights
Title-Residential Condo & Other

No agent assigned

Settle into a home that offers both space to live and plenty of ways to enjoy it. Located in Ottawa's west end, this Debussy model, in The Conservatory is an established condominium community where generous suites, abundant natural light and an impressive selection of shared facilities come together in one convenient setting. Inside, the thoughtfully arranged floor plan provides comfortable separation between living & dining, and private spaces while maintaining an easy sense of connection. The enclosed solarium adds valuable flexibility to the home. Depending on your needs, it could become a quiet workspace, a spot for morning coffee, a hobby area, or simply somewhere to relax and enjoy the everchanging natural light. The building itself offers something for almost every interest. Take a swim in the heated outdoor pool, stay active with the recreational facilities which include tennis and squash, unwind in the sauna, spend time in the library or hobby areas, or gather with friends in the social spaces. The rooftop area provides another place to relax and take in the surroundings. The location adds another layer of convenience. Britannia Beach, Andrew Haydon Park, Ottawa River pathways and recreational trails are close by, while Bayshore Shopping Centre provides shopping, dining and everyday services. Highway 417 and public transit offer practical connections to the rest of Ottawa. 1 Underground parking and a storage are included, adding to the convenience of condominium living. With its combination of substantial living space, adaptable rooms, on-site recreation and access to west-end amenities, The Conservatory offers an opportunity to enjoy a comfortable Ottawa lifestyle without the responsibilities of maintaining a detached home.

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$
%
%
$
$
$
(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

$2,489/mo
Mortgage $1,411
Monthly Loss $2,117
Principal$371
Interest$1,040
Property Tax$244
Condo Fees$633
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.4%1
5-Year IRR
10.2%37
10-Year IRR
11.0%
Returns Index
19.2/ 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
$27,000/yr
NOI
$11,371/yr
Net Cash Flow
-$464/mo
Cash Margin
-20.6%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo66
Risk Index
31.2/ 100

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

Comparables

Properties near 1025 Grenon Avenue 808

Time

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