3590 Rivergate Way 607, Hunt Club - Windsor Park Village and Area

$1,070,000
3590 Rivergate Way 607

$1,070,000

New
15d
Condo ApartmentApartment

3590 Rivergate Way 607, Hunt Club - Windsor Park Village and Area

Total Monthly Obligation $6,565

Beds
2
Baths
3
Park
1
Sqft
1800-1999
DOM
15d
Score
14
Yield
4.1%
Cash on Cash
-14.0%
Cap Rate
1.6%
5Y IRR
4.7%
10Y IRR
6.2%
Property Type-Condo Apartment
MLS® Number-X13875876
Beds-2
Bathrooms-3
Size-1800-1999 sqft
Listed on site-Oct 8, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$7,963 (2026)
Maintenance-$1,385/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBA
Neighbourhood-4801 - Quinterra
Title-Residential Condo & Other

No agent assigned

A rare amount of space for condo living: this 2-bedroom + den, 2.5-bath residence at Riverside Gate offers two private bedroom suites, a separate den and dining area, a dedicated laundry room, large balcony and the privacy of one of Ottawa's established gated condo communities. Designed for someone who wants the ease of condo living without giving up the rooms, storage and separation of a larger home, the layout places the bedrooms on opposite sides of the suite, each with its own ensuite.Riverside Gate adds another layer to the offering. Set in a landscaped enclave along the Rideau River, the community provides 24-hour gated security, concierge service, an indoor saltwater pool, fitness centre and steam room, two tennis courts, guest suite, library, party and games rooms, BBQ terraces, bicycle and canoe/kayak storage, a car wash bay and generous visitor parking. Inside a ceramic-tiled foyer opens to hardwood-finished principal rooms and a layout with unusually well-defined spaces. Double glass doors lead to the den, where a curved wall of windows overlooks the grounds and tennis courts. The kitchen features granite counters, white wood cabinetry, stainless steel appliances, a built-in wall oven and a bright adjoining eating area, with a separate dining room nearby.The primary suite includes a large walk-in closet fitted with built-in organizers and a spacious ensuite with double vanity, soaker tub and separate shower. At the opposite end of the residence, the second bedroom forms its own private suite with a full ensuite, Murphy bed, built-in shelving and organized closet. A powder room and full-size laundry room sit between the two bedroom wings.Window coverings are included. Minutes from Hunt Club, Mooney's Bay, South Keys and the airport, with access to nearby green space and Ottawa's pathway network.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$856,000
Land Transfer Taxes$17,875
Legal Fees (Est.)
$
Total cash required for closing$233,375

Total Monthly Obligation

$6,565/mo
Mortgage $4,316
Monthly Loss $5,429
Principal$1,136
Interest$3,180
Property Tax$664
Condo Fees$1,385
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.1%8
Cash-on-Cash
-17.3%0
5-Year IRR
2.4%5
10-Year IRR
5.0%
Returns Index
3.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$43,416/yr
NOI
$12,091/yr
Net Cash Flow
-$3,308/mo
Cash Margin
-91.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.232
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
14.3/ 100

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

Comparables

Properties near 3590 Rivergate Way 607

Time

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