203 Catherine Street 209, Ottawa Centre

$439,900
203 Catherine Street 209

$439,900

New
21d
Condo ApartmentApartment

203 Catherine Street 209, Ottawa Centre

Total Monthly Obligation $3,447

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
21d
Score
21
Yield
9.0%
Cash on Cash
-0.2%
Cap Rate
4.5%
5Y IRR
15.4%
10Y IRR
14.5%
Property Type-Condo Apartment
MLS® Number-X13854064
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 2, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$5,285.29 (2025)
Maintenance-$1,032.52/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-BRAD J. LAMB REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Roof-Unknown
Foundation-Concrete
Possession-Immediate
Neighbourhood-4103 - Ottawa Centre
Title-Residential Condo & Other

No agent assigned

This is a bright and spacious 2BD with two full bath unit approx. 1002sqft facing South West with unobstructed views into the Glebe. Dining, kitchen and living are included in the dimensions under dining. Quiet and comfortable with a great layout, the unit has modern quality finishes such as exposed concrete ceiling and feature walls, Stainless Steel Kitchen appliances, in-suite laundry and Gas hook up on the balcony for BBQs. Unit features high end Quartz counters and hardwood floors throughout. SoBa is centrally located close to all amenities and within walking distance of transit, entertainment, schools, dinning and more. Building is equipped with indoor gym, outdoor seasonal pool and party room. Parking & locker Combo- additional spot if desired can be purchased separately for $44,900.

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

Closing Costs

Mortgage Amount
$351,920
Land Transfer Taxes$5,273
Legal Fees (Est.)
$
Total cash required for closing$94,753

Total Monthly Obligation

$3,447/mo
Mortgage $1,774
Monthly Loss $2,980
Principal$467
Interest$1,307
Property Tax$440
Condo Fees$1,033
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.2%2
5-Year IRR
11.3%45
10-Year IRR
12.0%
Returns Index
23.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$39,468/yr
NOI
$15,446/yr
Net Cash Flow
-$487/mo
Cash Margin
-14.8%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo45
Risk Index
24.9/ 100

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

Comparables

Properties near 203 Catherine Street 209

Time

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