151 Bay Street 810, Ottawa Centre

$310,000
151 Bay Street 810

$310,000

New
24d
Condo ApartmentApartment

151 Bay Street 810, Ottawa Centre

Total Monthly Obligation $2,802

HausQ Valuation Report
Beds
1
Baths
2
Park
1
Sqft
900-999
DOM
24d
Score
22
Yield
10.6%
Cash on Cash
1.1%
Cap Rate
4.8%
5Y IRR
16.5%
10Y IRR
15.3%
Property Type-Condo Apartment
MLS® Number-X13844718
Beds-1
Bathrooms-2
Size-900-999 sqft
Listed on site-Sep 29, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,308.37 (2025)
Maintenance-$1,076.09/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-TBA
Neighbourhood-4101 - Ottawa Centre
Title-Residential Condo & Other

No agent assigned

Spacious and beautifully maintained 1-bedroom, 2-bathroom condominium located in the heart of downtown Ottawa, complete with two parking spaces. Originally built as a 2-bedroom unit and professionally reconfigured into an expansive 1-bedroom layout, this home offers an abundance of living space rarely found in this price range. The unit features an updated kitchen and bathrooms, newer flooring, pot lights, and stylish French and glass doors that add both character and sophistication. Large windows fill the home with natural light while offering attractive city views. Just steps from public transit, shopping, restaurants, and everyday amenities, this property is an excellent opportunity for first-time buyers, professionals, or investors seeking exceptional value in a sought-after downtown location.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$248,000
Land Transfer Taxes$3,125
Legal Fees (Est.)
$
Total cash required for closing$66,625

Total Monthly Obligation

$2,802/mo
Mortgage $1,250
Monthly Loss $2,473
Principal$329
Interest$921
Property Tax$276
Condo Fees$1,076
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.2%2
5-Year IRR
11.5%46
10-Year IRR
12.3%
Returns Index
23.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$32,760/yr
NOI
$10,863/yr
Net Cash Flow
-$345/mo
Cash Margin
-12.6%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
29.0/ 100

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

Comparables

Properties near 151 Bay Street 810

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.

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Data last updated within the past 24 hours.