201 Parkdale Avenue 1001, West Centre Town

$299,900
201 Parkdale Avenue 1001

$299,900

New
28d
Condo ApartmentApartment

201 Parkdale Avenue 1001, West Centre Town

Total Monthly Obligation $2,387

Beds
1
Baths
1
Park
0
Sqft
500-599
DOM
28d
Score
19
Yield
8.0%
Cash on Cash
-4.2%
Cap Rate
3.7%
5Y IRR
12.2%
10Y IRR
12.0%
Property Type-Condo Apartment
MLS® Number-X13830274
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Sep 25, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,275.31 (2026)
Maintenance-$704.36/mo
Locker-Owned
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Metal/Steel Siding
Possession-Flexible
Neighbourhood-4201 - Mechanicsville
Title-Residential Condo & Other

No agent assigned

Welcome to Unit 1001 at 201 Parkdale Avenue. Located in SOHO on Parkdale, this bright and modern 1-bedroom, 1-bath condo offers incredible downtown cityscape views and a low-maintenance lifestyle just minutes from Tunney's LRT. After eight years of enjoying everything this building, neighbourhood, and location have to offer, the owner is ready to pass the keys to someone who will appreciate it just as much. Featuring hardwood floors, quartz and marble finishes, and floor-to-ceiling windows that flood the space with natural light, this home blends style and function. The sleek kitchen is complete with integrated European appliances, quartz countertops, and modern cabinetry, while the bathroom offers a walk-in shower, heated floors, and in-unit laundry. The bedroom is well-sized with great storage. Step out onto your private 95 sq ft east-facing balcony and enjoy early morning sunrises with sweeping views of the Ottawa River and the downtown skyline. Just beyond your doorstep, the scenic Kichi Zibi Mikan (formerly the Ottawa River Parkway) and its extensive multi-use pathways provide kilometres of cycling, running, and walking trails along the river. Residents enjoy premium amenities including a second-floor fitness centre, boardroom, theatre, and their conveniently located storage locker, as well as a rooftop terrace featuring BBQs, a hot tub with panoramic views of downtown Ottawa and the Ottawa River, and a comfortable lounge space perfect for entertaining friends and family. Ideally located steps to Hintonburg, the Parkdale Market, local cafés, restaurants, grocery stores, and the Ottawa River, with quick access to downtown, transit, and some of the city's most scenic outdoor spaces.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$239,920
Land Transfer Taxes$2,974
Legal Fees (Est.)
$
Total cash required for closing$64,454

Total Monthly Obligation

$2,387/mo
Mortgage $1,210
Monthly Loss $2,069
Principal$318
Interest$891
Property Tax$273
Condo Fees$704
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.8%1
5-Year IRR
7.7%21
10-Year IRR
9.2%
Returns Index
11.8/ 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
$24,060/yr
NOI
$7,526/yr
Net Cash Flow
-$583/mo
Cash Margin
-29.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo69
Risk Index
30.9/ 100

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

Comparables

Properties near 201 Parkdale Avenue 1001

Time

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Data last updated within the past 24 hours.