429 Kent Street 428, Ottawa Centre

$389,000
429 Kent Street 428

$389,000

New
25d
Condo ApartmentApartment

429 Kent Street 428, Ottawa Centre

Total Monthly Obligation $2,679

Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
25d
Score
18
Yield
6.5%
Cash on Cash
-5.8%
Cap Rate
3.3%
5Y IRR
11.0%
10Y IRR
11.0%
Property Type-Condo Apartment
MLS® Number-X13834758
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Sep 28, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,534 (2025)
Maintenance-$615.8/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ENGEL & VOLKERS OTTAWA
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Stone
Possession-TBD
Neighbourhood-4103 - Ottawa Centre
Title-Residential Condo & Other

No agent assigned

Welcome to Centropolis, a boutique five-storey condominium in the heart of Centretown, where urban convenience meets everyday comfort. This thoughtfully designed one-bedroom plus den suite features hardwood flooring throughout, and a bright open-concept kitchen, dining, and living space-ideal for entertaining or unwinding after a busy day.The modern kitchen offers quartz countertops, ample cabinetry, and stainless steel appliances. The spacious bedroom easily accommodates a king-size bed and includes a walk-in closet, while the versatile den space is perfect for a home office or workout area. Additional features include in-suite laundry, secure heated underground parking, and bike storage.Step onto the sun-filled balcony, a peaceful retreat for morning coffee or alfresco dining. Residents also enjoy access to a rooftop terrace with gas BBQ, ideal for summer evenings with friends. Unbeatable location-walk to downtown offices, Bank Street, Elgin Street, and Chinatown, for dining, shopping, and nightlife. Just steps to the new Centretown Mosque and other places of worship, and minutes from the Rideau Canal for jogging, cycling, or skating. Easy access to transit and Highway 417. A perfect place to call home.

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

Closing Costs

Mortgage Amount
$311,200
Land Transfer Taxes$4,310
Legal Fees (Est.)
$
Total cash required for closing$83,610

Total Monthly Obligation

$2,679/mo
Mortgage $1,569
Monthly Loss $2,267
Principal$413
Interest$1,156
Property Tax$295
Condo Fees$616
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.2%0
5-Year IRR
7.2%19
10-Year IRR
8.7%
Returns Index
10.7/ 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
$25,296/yr
NOI
$9,443/yr
Net Cash Flow
-$782/mo
Cash Margin
-37.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
28.2/ 100

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

Comparables

Properties near 429 Kent Street 428

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.