35 MURRAY Street 212, Lower Town - Sandy Hill

$495,000
35 MURRAY Street 212

$495,000

New
23d
OtherApartment

35 MURRAY Street 212, Lower Town - Sandy Hill

Total Monthly Obligation $3,761

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
23d
Score
15
Yield
6.8%
Cash on Cash
-9.7%
Cap Rate
2.5%
5Y IRR
7.9%
10Y IRR
8.7%
Property Type-Other
MLS® Number-X13843496
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Other
Age-31-50
Taxes-$5,865.92 (2026)
Maintenance-$1,075.58/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Baseboard (Electric)
Brokerage-ENGEL & VOLKERS OTTAWA
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Stone
Possession-30-59 days
Neighbourhood-4001 - Lower Town/Byward Market
Title-Residential Condo & Other

No agent assigned

Experience spacious downtown living in the heart of Ottawa's historic and vibrant ByWard Market. This exceptionally bright and generously sized 2-bedroom, 2-bathroom south-facing condominium offers a rare combination of space, natural light and an outstanding central location. Extra-large south-facing windows fill the home with light, while hardwood flooring throughout and a private balcony overlooking Murray Street add to its appeal.The current owner has invested over $40,000 in renovations and improvements, enhancing the comfort and functionality of this spacious home. A new Bosch washing machine complements the other well-maintained appliances. The generous layout offers comfortable principal rooms, two full bathrooms and ample space for everyday living and entertaining- considerably more substantial than many downtown condominiums.Ideally positioned steps from Sussex Drive and Major's Hill Park, and within easy walking distance of Parliament Hill, Global Affairs Canada (DFAIT), embassies and government offices. Enjoy the Rideau Canal, Ottawa Locks, National Gallery of Canada, Rideau Centre, Château Laurier, outdoor farmers' market, restaurants, cafés, Tavern on the Hill, Tavern on the Falls, boutiques and nightlife, all close by.Excellent access to Ottawa's walking and cycling network offers scenic routes along the river and across the Alexandra Bridge toward the Canadian Museum of History, with spectacular views of Parliament Hill, Major's Hill Park and the Ottawa River.Underground parking and storage locker included. Parking space P4-46 and locker P2-26. Additional parking PIN: 154190129. Currently tenanted until the end of October 2026, with vacant possession available November 1, 2026. Measurements are approx. Floorplan attached. Status certificate to be ordered. 24 hours irrevocable on all offers as per form 224 and 244. Photos taken prior to current tenant.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$396,000
Land Transfer Taxes$6,375
Legal Fees (Est.)
$
Total cash required for closing$106,875

Total Monthly Obligation

$3,936/mo
Mortgage $1,997
Monthly Loss $3,411
Principal$525
Interest$1,471
Property Tax$489
Condo Fees$1,076
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.4%9
Cash-on-Cash
-16.0%0
5-Year IRR
3.7%8
10-Year IRR
6.3%
Returns Index
5.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$33,600/yr
NOI
$6,967/yr
Net Cash Flow
-$1,416/mo
Cash Margin
-50.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.292
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo39
Risk Index
19.9/ 100

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

Comparables

Properties near 35 MURRAY Street 212

Time

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