45 Holland Avenue 412, Tunneys Pasture and Ottawa West

$369,900
45 Holland Avenue 412

$369,900

Price Change
24d
Condo ApartmentApartment

45 Holland Avenue 412, Tunneys Pasture and Ottawa West

Total Monthly Obligation $2,460

Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
24d
Score
19
Yield
6.5%
Cash on Cash
-4.3%
Cap Rate
3.7%
5Y IRR
12.2%
10Y IRR
11.9%
Property Type-Condo Apartment
MLS® Number-X13840026
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Sep 29, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,741.01 (2026)
Maintenance-$540/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Other)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBA
Neighbourhood-4302 - Ottawa West
Title-Residential Condo & Other

No agent assigned

Welcome to Holland Cross in the heart of Wellington Village, close to shops, cafés and restaurants. Imagine, Tunney's Pasture LRT station is only steps away, and The Parkdale Market is a short walk from your door. This bright, beautifully updated condo features new luxury vinyl plank (LVP) flooring in the living room, dining room and bedroom, and there is ceramic tile in the foyer, kitchen and bathroom. The new kitchen with quartz countertop, stainless steel appliances, including a new stove with an induction cooktop and a new dishwasher. Re-freshed bath with quartz counter top and fresh paint throughout adds to the move-in-ready feel. Step outside and enjoy the southern exposure from your 10'3 x 7'5 balcony. The landscaped courtyard offers a pergola, picnic tables and BBQs for relaxing or entertaining. Condo fees include heat, hydro, water, building insurance, management, maintenance and caretaking and HWT rental. Enjoy the car wash area and EV Charging station. All you need to do is unpack and enjoy! Your new home awaits!

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

Closing Costs

Mortgage Amount
$295,920
Land Transfer Taxes$4,024
Legal Fees (Est.)
$
Total cash required for closing$79,504

Total Monthly Obligation

$2,460/mo
Mortgage $1,492
Monthly Loss $2,068
Principal$393
Interest$1,099
Property Tax$228
Condo Fees$540
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.9%1
5-Year IRR
8.1%24
10-Year IRR
9.4%
Returns Index
13.1/ 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
$10,033/yr
Net Cash Flow
-$656/mo
Cash Margin
-32.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo67
Risk Index
30.5/ 100

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

Comparables

Properties near 45 Holland Avenue 412

Time

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Data last updated within the past 24 hours.