316 Bruyere Street 509, Lower Town - Sandy Hill

$469,900
316 Bruyere Street 509

$469,900

New
15d
Condo Apartment1 Storey/Apt

316 Bruyere Street 509, Lower Town - Sandy Hill

Total Monthly Obligation $3,199

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
15d
Score
19
Yield
6.9%
Cash on Cash
-3.9%
Cap Rate
3.7%
5Y IRR
12.5%
10Y IRR
12.2%
Property Type-Condo Apartment
MLS® Number-X13877496
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 8, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$4,819.06 (2026)
Maintenance-$701.69/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE PERFORMANCE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-4002 - Lower Town
Title-Residential Condo & Other

No agent assigned

Welcome to this exceptional south-facing top-floor unit. 915 sq.ft. featuring 2 bedrooms and 2 bathrooms in one of Ottawa's most desirable urban locations! Offering the perfect blend of lifestyle, comfort and convenience, this bright flat features 9-foot ceilings and a private balcony. Ideally situated directly across from Bordeleau Park and a tennis court, it's steps from the Rideau River with dock access where you can launch your kayak or paddle board and enjoy a peaceful river cruise right at your doorstep. One of the building's standout features is the huge rooftop terrace offering incredible panoramic views of the meandering river and the Gatineau Hills. It's an amazing space to relax. Complete with BBQs, tables and comfortable sitting areas, you'll certainly enjoy summer evenings and sunsets. Inside, thoughtful upgrades continue with upgraded cabinetry and granite countertops throughout. The second bedroom/office is one-of-a-kind, featuring 25k in custom millwork by DH Designs, including but not limited to a built-in beer tap!!! It's an incredible workspace, guest room or entertaining area. Additional upgrades include newer light fixtures throughout, hardwood floors, new washer and dryer in 2025, stainless kitchen appliances 2020 and a new main bathroom toilet in 2026. LED accent lighting has been added to the office and kitchen and is controlled by a convenient hub. Throughout the unit, Lutron Caséta smart switches integrate with Google and Apple smart-home systems which also control the custom electric blinds(3K). Complete with one underground parking space and a locker, this is a rare opportunity to enjoy top-floor living, spectacular water views, exceptional amenities and an unbeatable location-close to the ByWard Market, shops, restaurants, trails and endless recreational opportunities.

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

Closing Costs

Mortgage Amount
$375,920
Land Transfer Taxes$5,873
Legal Fees (Est.)
$
Total cash required for closing$101,353

Total Monthly Obligation

$3,199/mo
Mortgage $1,895
Monthly Loss $2,700
Principal$499
Interest$1,397
Property Tax$402
Condo Fees$702
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.1%1
5-Year IRR
8.8%28
10-Year IRR
9.9%
Returns Index
14.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$32,400/yr
NOI
$13,521/yr
Net Cash Flow
-$769/mo
Cash Margin
-28.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
25.0/ 100

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

Comparables

Properties near 316 Bruyere Street 509

Time

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