457 Mcleod Street 210, Ottawa Centre

$549,900
457 Mcleod Street 210

$549,900

New
21d
Condo ApartmentApartment

457 Mcleod Street 210, Ottawa Centre

Total Monthly Obligation $3,426

Beds
2
Baths
1
Park
1
Sqft
800-899
DOM
21d
Score
18
Yield
6.1%
Cash on Cash
-4.6%
Cap Rate
3.6%
5Y IRR
11.9%
10Y IRR
11.7%
Property Type-Condo Apartment
MLS® Number-X13857438
Beds-2
Bathrooms-1
Size-800-899 sqft
Listed on site-Oct 2, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,522 (2026)
Maintenance-$631.21/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-Yes
Fireplace-Natural Gas, Living Room
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-4103 - Ottawa Centre
Title-Residential Condo & Other

No agent assigned

Set in a timeless red brick building with contemporary architectural accents, 'The Dwell' offers an appealing combination of character, privacy and urban accessibility. A distinctive condominium set along a quiet residential stretch of McLeod Street, lined with mature trees and landscaping in the heart of Centretown. This stylish 2 bedroom residence pairs sophisticated interiors with a serene outdoor space that feels both connected to the city yet comfortably removed from it. Inside, you'll find soaring ceilings, rich hardwood floors throughout and oversized windows that create an elevated sense of scale flooded with natural light. The open concept principal rooms are beautifully connected by the ambient gas fireplace that adds warmth and elegance to the living area. The impressive bespoke kitchen features a generous breakfast bar island with built-in dishwasher, refined quartz counters, a gas range, stainless appliances, abundant maple cabinetry and exceptional functionality. The expansive, partially covered terrace with its sunny southern exposure, extends the living space and is equipped with a natural gas BBQ hookup. The serene primary bedroom offers a generous closets next to a modern, tiled 4-piece bathroom. Also included is the in-unit stacked laundry, an owned parking space and separate storage locker which provide added convenience. Everyday amenities, cafés, restaurants, parks & shops are all within easy reach.

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

Closing Costs

Mortgage Amount
$439,920
Land Transfer Taxes$7,473
Legal Fees (Est.)
$
Total cash required for closing$118,953

Total Monthly Obligation

$3,426/mo
Mortgage $2,218
Monthly Loss $2,842
Principal$584
Interest$1,634
Property Tax$377
Condo Fees$631
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.3%1
5-Year IRR
8.5%26
10-Year IRR
9.6%
Returns Index
14.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$33,408/yr
NOI
$15,571/yr
Net Cash Flow
-$921/mo
Cash Margin
-33.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.587
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
23.6/ 100

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

Comparables

Properties near 457 Mcleod Street 210

Time

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