200 Rideau Street 1405, Lower Town - Sandy Hill

$425,000
200 Rideau Street 1405

$425,000

New
28d
Condo ApartmentApartment

200 Rideau Street 1405, Lower Town - Sandy Hill

Total Monthly Obligation $3,059

Beds
2
Baths
2
Park
0
Sqft
900-999
DOM
28d
Score
19
Yield
7.5%
Cash on Cash
-3.0%
Cap Rate
3.9%
5Y IRR
13.2%
10Y IRR
12.7%
Property Type-Condo Apartment
MLS® Number-X13828408
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Sep 25, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$5,005.43 (2026)
Maintenance-$728/mo
Locker-None
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-4003 - Sandy Hill
Title-Residential Condo & Other

No agent assigned

Space, sunlight and sweeping views await in this beautifully maintained downtown Ottawa home. Set on the 14th floor, this suite offers approximately 1,000 sq. ft. with two bedrooms, two full bathrooms and a separate den. Sunlight streams through south-facing windows, brightening the living room and both bedrooms. Step onto your private balcony to take in captivating views of Parliament Hill and the Gatineau Hills. Freshly painted and impeccably cared for, it's ready for you to move in and enjoy.The open-concept kitchen flows into generous dining and living areas, creating an inviting space to cook, gather and unwind. The bedrooms are positioned on opposite sides of the living area for added privacy. The primary suite features a walk-in closet and private four-piece ensuite, while the second bedroom offers ample closet space. A second full bathroom is conveniently located off the main living area. The separate den provides a dedicated space for work or study. Hardwood and tile flooring throughout, in-suite laundry complete the home. Enjoy an exceptional collection of amenities, including an indoor pool, fitness centre, sauna, party room, theatre, outdoor patio with BBQs and 24-hour security. Walk to the Rideau Centre, LRT, University of Ottawa, ByWard Market and Parliament Hill, with dining, shopping and culture just steps away.Book your private tour today and discover your next home.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$340,000
Land Transfer Taxes$4,975
Legal Fees (Est.)
$
Total cash required for closing$91,475

Total Monthly Obligation

$3,059/mo
Mortgage $1,714
Monthly Loss $2,608
Principal$451
Interest$1,263
Property Tax$417
Condo Fees$728
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.6%1
5-Year IRR
9.3%31
10-Year IRR
10.3%
Returns Index
16.3/ 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
$32,076/yr
NOI
$12,727/yr
Net Cash Flow
-$654/mo
Cash Margin
-24.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo53
Risk Index
26.1/ 100

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

Comparables

Properties near 200 Rideau Street 1405

Time

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