2400 Virginia Drive 210, Alta Vista and Area

$279,900
2400 Virginia Drive 210

$279,900

New
16d
Condo ApartmentApartment

2400 Virginia Drive 210, Alta Vista and Area

Total Monthly Obligation $2,276

Beds
2
Baths
1
Park
1
Sqft
900-999
DOM
16d
Score
25
Yield
10.0%
Cash on Cash
4.1%
Cap Rate
5.5%
5Y IRR
18.9%
10Y IRR
17.3%
Property Type-Condo Apartment
MLS® Number-X13870032
Beds-2
Bathrooms-1
Size-900-999 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,270.31 (2026)
Maintenance-$758.05/mo
Locker-Exclusive
Parking-1 - Surface
Basement-None
Heating-Baseboard (Electric)
Brokerage-ENGEL & VOLKERS OTTAWA
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-3609 - Guildwood Estates - Urbandale Acres
Title-Residential Condo & Other

No agent assigned

Welcome to this bright and spacious condo located in the heart of the family-friendly Guildwood Estates community. Situated on the 2nd floor, this well-maintained unit boasts abundant natural light and peaceful views of the surrounding neighborhood and sunset. The functional kitchen, complete with adequate cabinetry and an eat-in area, flows seamlessly into an open living room and dining room, perfect for relaxing or entertaining. Excellent storage throughout, this charming condo features a generous primary bedroom with a walk-in closet and a new 2025 AC window unit, a comfortable 2nd bedroom with a roomy closet, a double-sized west-facing balcony, a large in-unit storage room, 1 outdoor parking spot, 1 storage locker, and visitor parking for your guests. Residents enjoy a variety of amenities: gym, sauna, library/game room, party room, secure bike storage, guest suite, shared laundry facility, community BBQ area, and shared garden space. Conveniently positioned within walking distance or a short drive to everything you need: shopping, parks, schools, public transit, and great local dining options. Ideal for anyone seeking a low-maintenance lifestyle in a quiet, well-established neighborhood, this condo offers exceptional value and comfort!

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

Closing Costs

Mortgage Amount
$223,920
Land Transfer Taxes$2,674
Legal Fees (Est.)
$
Total cash required for closing$60,154

Total Monthly Obligation

$2,276/mo
Mortgage $1,129
Monthly Loss $1,979
Principal$297
Interest$832
Property Tax$189
Condo Fees$758
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.1%28
Cash-on-Cash
-3.3%3
5-Year IRR
13.6%62
10-Year IRR
13.9%
Returns Index
31.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$28,128/yr
NOI
$11,548/yr
Net Cash Flow
-$167/mo
Cash Margin
-7.1%1
Cash Flow Index
1.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8517
LTV Ratio
80.0%18
Vacancy Buffer
4.2 mo72
Risk Index
35.7/ 100

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

Comparables

Properties near 2400 Virginia Drive 210

Time

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