10 James Street 405, Ottawa Centre

$640,619
10 James Street 405

$640,619

New
21d
Condo ApartmentApartment

10 James Street 405, Ottawa Centre

Total Monthly Obligation $3,925

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
21d
Score
16
Yield
5.1%
Cash on Cash
-8.7%
Cap Rate
2.7%
5Y IRR
8.8%
10Y IRR
9.3%
Property Type-Condo Apartment
MLS® Number-X13854888
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 2, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,549.6 (2026)
Maintenance-$845.17/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-ENGEL & VOLKERS OTTAWA
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Metal/Steel Siding
Possession-TBA
Neighbourhood-4103 - Ottawa Centre
Title-Residential Condo & Other

No agent assigned

Experience elevated living at James House, a boutique condominium redefining urban sophistication in the heart of Centretown. Designed by award-winning architects, this trend-setting development offers contemporary new-loft style living and thoughtfully curated amenities. This stylish 2-bedroom corner suite spans 921 sq.ft. of interior space and features 9-ft ceilings, large windows, exposed concrete accents, and a private balcony. The modern kitchen is equipped with a sleek island, quartz countertops, built-in refrigerator and dishwasher, stainless steel appliances, and ambient under-cabinet lighting. The primary bedroom features a walk-in closet and 3-piece en-suite with walk-in shower. The thoughtfully designed layout includes in-suite laundry conveniently located near the entrance and a second full bathroom with modern finishes. James House enhances urban living with amenities including a west-facing rooftop saltwater pool, fitness center, yoga studio, zen garden, stylish resident lounge, and a dog washing station. Located steps from Centretown and the Glebe's finest dining, shopping, and entertainment, James House creates a vibrant and welcoming atmosphere that sets a new standard for luxurious urban living. On-site visitor parking adds to the appeal. Other suite models are also available. Inquire about our flexible ownership options, including rent-to-own and save-to-own programs, designed to help you move in and own faster. Pricing reflects anticipated savings from the proposed Ontario New Housing HST Rebate program, subject to purchaser eligibility and applicable legislation.

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

Closing Costs

Mortgage Amount
$512,495
Land Transfer Taxes$9,287
Legal Fees (Est.)
$
Total cash required for closing$138,911

Total Monthly Obligation

$3,925/mo
Mortgage $2,584
Monthly Loss $3,245
Principal$680
Interest$1,904
Property Tax$296
Condo Fees$845
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.8%0
5-Year IRR
5.8%13
10-Year IRR
7.5%
Returns Index
8.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$32,700/yr
NOI
$13,338/yr
Net Cash Flow
-$1,473/mo
Cash Margin
-54.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo39
Risk Index
20.4/ 100

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

Comparables

Properties near 10 James Street 405

Time

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Data last updated within the past 24 hours.