415 GREENVIEW Avenue 1007, Britannia - Lincoln Heights and Area

$499,900
415 GREENVIEW Avenue 1007

$499,900

New
29d
Condo ApartmentApartment

415 GREENVIEW Avenue 1007, Britannia - Lincoln Heights and Area

Total Monthly Obligation $3,461

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
29d
Score
18
Yield
7.1%
Cash on Cash
-3.9%
Cap Rate
3.7%
5Y IRR
12.5%
10Y IRR
12.2%
Property Type-Condo Apartment
MLS® Number-X13829946
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,511.11 (2026)
Maintenance-$952.04/mo
Locker-Exclusive
Parking-1 - Underground
Basement-Full, Finished
Heating-Water (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Foundation-Concrete
Possession-TBA
Neighbourhood-6102 - Britannia
Title-Residential Condo & Other

No agent assigned

415 Greenview Avenue, Unit 1007, a 3 bedroom plus den corner suite at The Britannia, in the Britannia neighbourhood. Over 1,200 square feet, 2 full bathrooms (one ensuite), and two separate balconies off a corner exposure.Most units in this building top out at two bedrooms and 900 square feet. This one runs longer and lower, closer to a bungalow footprint than a typical high rise floor plan, with three real bedrooms plus a den and a Murphy bed built into the second bedroom to keep it flexible. Kitchen and both bathrooms were fully renovated with laminate and tile throughout, no carpet anywhere in the unit. Condo fees include heat, hydro, and water.The Britannia's amenities go beyond the usual: indoor saltwater pool, squash court, woodworking shop, hobby and craft room, library, party room, billiards and games rooms, and three guest suites for visitors. One underground parking spot included. Pet friendly.At the corner of Carling Avenue and the Kichi Zibi Mikan Parkway, on the road to Britannia Beach. Walk to Britannia Park, the Ottawa River pathway, and Farm Boy. The Lincoln Fields LRT station, currently under construction as part of the Confederation Line West extension, is a short walk away.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$3,461/mo
Mortgage $2,016
Monthly Loss $2,930
Principal$531
Interest$1,486
Property Tax$293
Condo Fees$952
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.1%1
5-Year IRR
8.9%28
10-Year IRR
10.0%
Returns Index
15.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$35,340/yr
NOI
$14,470/yr
Net Cash Flow
-$811/mo
Cash Margin
-27.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo45
Risk Index
23.5/ 100

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

Comparables

Properties near 415 GREENVIEW Avenue 1007

Time

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