62 Donald Street 408A, Overbrook - Castleheights and Area

$547,000
62 Donald Street 408A

$547,000

New
19d
Condo ApartmentApartment

62 Donald Street 408A, Overbrook - Castleheights and Area

Total Monthly Obligation $3,952

Beds
2
Baths
2
Park
1
Sqft
1200-1399
DOM
19d
Score
18
Yield
7.3%
Cash on Cash
-4.8%
Cap Rate
3.5%
5Y IRR
11.7%
10Y IRR
11.6%
Property Type-Condo Apartment
MLS® Number-X13860054
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 4, 2026
Style-Apartment
Building Type-Condo Apartment
Age-31-50
Taxes-$4,062 (2025)
Maintenance-$1,207/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Baseboard (Electric)
Brokerage-TRU REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick Veneer, Stucco (Plaster)
Roof-Tar and Gravel
Foundation-Concrete
Possession-TBD
Neighbourhood-3501 - Overbrook
Title-Residential Condo & Other

No agent assigned

Live generously, simply, and actively. Filled with natural light from its top-floor south-facing exposure and skylights, this beautifully updated residence overlooks Waterbrooke's lovely perennial gardens and peaceful inner courtyard. With over 1,200 sq. ft. of single-level living space, it offers a rare opportunity to enjoy the space and comfort of a detached home without the maintenance. Thoughtfully redesigned for elegant everyday living, the home features a renovated kitchen with peninsula, engineered hickory hardwood flooring, an updated ensuite bath, and exceptional built-in storage. The generous second bedroom has been fitted as a library and home office while remaining large enough to accommodate overnight guests. Extensive floor-to-ceiling cabinetry, stacked laundry, an in-unit utility room, and a dedicated storage locker make condo life easy and organized. The breezy balcony overlooks the courtyard gardens, offering a quiet place for morning coffee, summer evenings, and views of the night sky. From spring blooms and autumn colour to winter snowfalls, the gardens provide a constantly changing backdrop. Set back from the street, the home enjoys a level of calm, rare in urban living. Few Ottawa locations offer this combination of nature, recreation, and downtown access. Walk, cycle, or cross-country ski along the river pathways. Play tennis or pickleball, take a fitness or yoga class, or enjoy dinner across the street at the Rideau Sports Centre. Cross the nearby Adàwe Bridge to Strathcona Park, Sandy Hill, and downtown Ottawa. With elevator access, underground parking, a storage locker, and an efficient heat pump system, this move-in-ready home offers a rare opportunity to simplify without compromise and enjoy the ease of condominium living while maintaining the space, comfort, privacy, and active lifestyle often associated with a detached home.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$437,600
Land Transfer Taxes$7,415
Legal Fees (Est.)
$
Total cash required for closing$118,315

Total Monthly Obligation

$3,952/mo
Mortgage $2,206
Monthly Loss $3,371
Principal$581
Interest$1,626
Property Tax$339
Condo Fees$1,207
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.9%1
5-Year IRR
8.2%24
10-Year IRR
9.5%
Returns Index
13.3/ 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
$39,708/yr
NOI
$14,791/yr
Net Cash Flow
-$974/mo
Cash Margin
-29.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo39
Risk Index
21.0/ 100

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

Comparables

Properties near 62 Donald Street 408A

Time

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