111 Champagne Avenue S 202, Dows Lake - Civic Hospital and Area

$299,000
111 Champagne Avenue S 202

$299,000

New
22d
Condo ApartmentApartment

111 Champagne Avenue S 202, Dows Lake - Civic Hospital and Area

Total Monthly Obligation $2,308

Beds
1
Baths
1
Park
0
Sqft
500-599
DOM
22d
Score
19
Yield
7.8%
Cash on Cash
-4.0%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Condo Apartment
MLS® Number-X13848064
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,796.89 (2026)
Maintenance-$585.04/mo
Locker-None
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE PERFORMANCE REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Immediate
Neighbourhood-4502 - West Centre Town
Title-Residential Condo & Other

No agent assigned

Bright and modern one-bedroom, one-bathroom condo in the distinguished SoHo nestled in the heart of Little Italy. The open-concept living space is filled with natural light from expansive floor-to-ceiling windows and features hardwood flooring throughout the principal rooms. The contemporary kitchen offers sleek cabinetry, quartz countertops, stainless steel appliances, and a large island with generous seating. The bedroom includes a spacious closet and stylish frosted-glass sliding doors, while the bathroom features a glass-enclosed tiled shower and modern vanity. Complete with convenient in-unit laundry, this well-designed condo offers comfortable urban living in one of Ottawa's most vibrant and connected neighbourhoods. Fabulous amenities shared between buildings include a gym, party/meeting room, hot tub & deck, pool, movie room. Fantastic O-train location with close proximity to Dow's Lake, shops, cafés, restaurants, and the scenic paths of the Rideau canal as well as many convenient commuter cycling paths.Access Carleton University and The Ottawa Hospital's Civic campus in minutes. 24hr irrevocable on all offers. *some photos have been virtually staged*

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$239,200
Land Transfer Taxes$2,960
Legal Fees (Est.)
$
Total cash required for closing$64,260

Total Monthly Obligation

$2,308/mo
Mortgage $1,206
Monthly Loss $1,990
Principal$317
Interest$889
Property Tax$316
Condo Fees$585
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.6%1
5-Year IRR
7.8%22
10-Year IRR
9.3%
Returns Index
12.2/ 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
$23,220/yr
NOI
$7,681/yr
Net Cash Flow
-$566/mo
Cash Margin
-29.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
4.2 mo72
Risk Index
31.7/ 100

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

Comparables

Properties near 111 Champagne Avenue S 202

Time

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