70 Landry Street 1207, Vanier and Kingsview Park

$534,900
70 Landry Street 1207

$534,900

New
25d
Condo ApartmentApartment

70 Landry Street 1207, Vanier and Kingsview Park

Total Monthly Obligation $3,480

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
25d
Score
17
Yield
5.7%
Cash on Cash
-8.0%
Cap Rate
2.9%
5Y IRR
9.3%
10Y IRR
9.7%
Property Type-Condo Apartment
MLS® Number-X13835470
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Sep 28, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,821.6 (2026)
Maintenance-$720.56/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX DELTA REALTY TEAM
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-Immediate
Neighbourhood-3402 - Vanier
Title-Residential Condo & Other

No agent assigned

Stunning views of Parliament Hill and the Ottawa River await in this immaculate 2-bedroom, 2-bathroom condo featuring a private balcony and an exceptional range of amenities. This bright, open-concept unit offers floor-to-ceiling windows, filling the space with natural light and showcasing breathtaking city and river views. The modern kitchen features granite countertops, quality stainless steel appliances (all replaced in 2024) and ceramic tile flooring. The spacious primary bedroom includes a walk-in closet and a private ensuite bathroom, while the generously sized second bedroom is ideal for guests, family, or a home office. Convenient in-unit laundry adds to the comfort and functionality of the home. Residents enjoy outstanding building amenities, including an indoor salt-water pool, fully equipped fitness centre, party room, underground parking (1 extra wide spot) and beautifully landscaped common areas. Ideally located within walking distance of everything downtown Ottawa has to offer. Steps to NCC bike paths along the Rideau River, public transit, the Rideau Sports Centre, the ByWard Market, and Parliament Hill. A rare opportunity to enjoy luxury condo living in one of Ottawa's most desirable locations.

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

Closing Costs

Mortgage Amount
$427,920
Land Transfer Taxes$7,173
Legal Fees (Est.)
$
Total cash required for closing$115,653

Total Monthly Obligation

$3,480/mo
Mortgage $2,158
Monthly Loss $2,912
Principal$568
Interest$1,590
Property Tax$402
Condo Fees$721
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.1%13
Cash-on-Cash
-12.6%0
5-Year IRR
6.0%14
10-Year IRR
7.7%
Returns Index
8.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$30,252/yr
NOI
$11,358/yr
Net Cash Flow
-$1,211/mo
Cash Margin
-48.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo45
Risk Index
22.5/ 100

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

Comparables

Properties near 70 Landry Street 1207

Time

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Data last updated within the past 24 hours.