360 Deschatelets Avenue 903, Glebe - Ottawa East and Area

$2,699,900
360 Deschatelets Avenue 903

$2,699,900

New
15d
Condo ApartmentApartment

360 Deschatelets Avenue 903, Glebe - Ottawa East and Area

Total Monthly Obligation $14,227

Beds
2
Baths
2
Park
1
Sqft
2250-2499
DOM
15d
Score
13
Yield
3.2%
Cash on Cash
-13.6%
Cap Rate
1.7%
5Y IRR
5.0%
10Y IRR
6.5%
Property Type-Condo Apartment
MLS® Number-X13876326
Beds-2
Bathrooms-2
Size-2250-2499 sqft
Listed on site-Oct 8, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$17,810.02 (2026)
Maintenance-$1,652/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Electric)
Brokerage-UMBER REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-4407 - Ottawa East
Title-Residential Condo & Other

No agent assigned

Welcome to Penthouse 903 at The Spencer, an exceptional residence from the exclusive Opulence Collection, thoughtfully designed by Tanner Vine Interiors. Offering approximately 2,380 sq. ft. of interior living space, this sophisticated 2-bedroom + den, 2-bathroom penthouse blends understated luxury with elevated contemporary design.A generous foyer leads to expansive open-concept living, dining and kitchen spaces designed for effortless entertaining. Oversized windows, approximately 10-ft ceilings and engineered white oak hardwood create a bright and refined atmosphere throughout. The beautifully appointed kitchen features custom cabinetry, quartz and marble surfaces and a premium Thermador appliance package.The spacious primary retreat features a walk-in closet and luxurious ensuite with freestanding tub and separate shower, complemented by a second bedroom, versatile den and additional full bathroom. Enjoy 227 sq. ft. of outdoor balcony space with a gas BBQ hookup-an exclusive feature of the 9th floor. A distinctive opportunity to experience the refined design and craftsmanship of the Tanner Vine-designed Opulence Collection at The Spencer. Please note that some photos have been virtually staged and/or enhanced to illustrate the property's potential.

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

Closing Costs

Mortgage Amount
$2,159,920
Land Transfer Taxes$53,973
Legal Fees (Est.)
$
Total cash required for closing$595,453

Total Monthly Obligation

$14,227/mo
Mortgage $10,891
Monthly Loss $11,361
Principal$2,866
Interest$8,025
Property Tax$1,484
Condo Fees$1,652
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.4%9
Cash-on-Cash
-16.1%0
5-Year IRR
3.1%6
10-Year IRR
5.4%
Returns Index
4.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 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
$85,836/yr
NOI
$37,218/yr
Net Cash Flow
-$7,789/mo
Cash Margin
-108.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.282
LTV Ratio
80.0%18
Vacancy Buffer
0.7 mo14
Risk Index
11.3/ 100

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

Comparables

Properties near 360 Deschatelets Avenue 903

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.