250 Lett Street 320, West Centre Town

$429,900
250 Lett Street 320

$429,900

New
24d
Condo ApartmentApartment

250 Lett Street 320, West Centre Town

Total Monthly Obligation $2,789

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
24d
Score
17
Yield
5.3%
Cash on Cash
-9.1%
Cap Rate
2.6%
5Y IRR
8.4%
10Y IRR
9.0%
Property Type-Condo Apartment
MLS® Number-X13838748
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Sep 29, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,860 (2026)
Maintenance-$533.73/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-4204 - West Centre Town
Title-Residential Condo & Other

No agent assigned

Ideally situated just steps from Pimisi LRT Station and the Ottawa River! Scenic pathways are right outside your door for walking, cycling and cross-country skiing. Enjoy an easy stroll to the shops and restaurants of Preston Street and Wellington Village. This beautifully maintained 665 sq. ft. one-bedroom condo features peaceful courtyard views, hardwood floors throughout and a bonus nook ideal for a desk or extra storage. The spacious kitchen features granite countertops, stainless steel appliances, ample cabinetry and plenty of prep space. One underground parking space is included, along with a storage locker conveniently located on the same level as the unit. Fantastic building amenities include an impressive rooftop terrace with beautiful Ottawa River views and BBQs, an indoor pool and a fitness centre. An exceptional location in the heart of the city, surrounded by trails, green space and nature.

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

Closing Costs

Mortgage Amount
$343,920
Land Transfer Taxes$5,073
Legal Fees (Est.)
$
Total cash required for closing$92,553

Total Monthly Obligation

$2,789/mo
Mortgage $1,734
Monthly Loss $2,333
Principal$456
Interest$1,278
Property Tax$322
Condo Fees$534
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.0%0
5-Year IRR
4.9%11
10-Year IRR
6.9%
Returns Index
6.6/ 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
$22,800/yr
NOI
$7,855/yr
Net Cash Flow
-$1,079/mo
Cash Margin
-56.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.383
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
26.8/ 100

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

Comparables

Properties near 250 Lett Street 320

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.