150 Caroline Avenue PH4, Tunneys Pasture and Ottawa West

$649,900
150 Caroline Avenue PH4

$649,900

New
16d
Condo Apartment2-Storey

150 Caroline Avenue PH4, Tunneys Pasture and Ottawa West

Total Monthly Obligation $4,700

Beds
2
Baths
2
Park
1
Sqft
1200-1399
DOM
16d
Score
16
Yield
7.0%
Cash on Cash
-6.3%
Cap Rate
3.2%
5Y IRR
10.6%
10Y IRR
10.7%
Property Type-Condo Apartment
MLS® Number-X13871254
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Condo Apartment
Taxes-$5,946.81 (2026)
Maintenance-$1,382.83/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 SYNERGY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Exterior-Brick
Foundation-Poured Concrete
Possession-Immediate
Neighbourhood-4302 - Ottawa West
Title-Residential Condo & Other

No agent assigned

Welcome to contemporary living in the heart of HINTONBURG! This stylish two-storey 2-bedroom, 2-bathroom, 2- balcony PENTHOUSE condo offers an exceptional open-concept layout with soaring 10-foot ceilings on the second level and hardwood flooring throughout. A skylight above the main living space floods the home with natural light, creating a bright and inviting atmosphere. The well-appointed kitchen features granite countertops and flows seamlessly into the spacious living and dining areas-perfect for both everyday living and entertaining. Enjoy the outdoors from two private northern and southern exposed balconies, that includes a generous patio terrace offering even more space to relax and entertain. The primary bedroom features a private 3-piece ensuite, while the additional 3-piece bathroom offers a modern walk-in shower. Custom California shutters and blinds in the bedrooms, paired with custom blinds throughout the main living area add a polished finishing touch. Additional highlights include one underground parking space and one storage locker, providing both convenience and ample storage. Located in the vibrant heart of HINTONBURG/WELLINGTON WEST, minutes to shops, restaurants, cafés, transit, parks, and everything this sought-after neighbourhood has to offer.

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$519,920
Land Transfer Taxes$9,473
Legal Fees (Est.)
$
Total cash required for closing$140,953

Total Monthly Obligation

$4,700/mo
Mortgage $2,622
Monthly Loss $4,010
Principal$690
Interest$1,932
Property Tax$496
Condo Fees$1,383
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.1%1
5-Year IRR
7.4%20
10-Year IRR
8.9%
Returns Index
11.1/ 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
$45,480/yr
NOI
$15,991/yr
Net Cash Flow
-$1,289/mo
Cash Margin
-34.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo32
Risk Index
18.3/ 100

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

Comparables

Properties near 150 Caroline Avenue PH4

Time

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