10 Clarence Street 4, Lower Town - Sandy Hill

$315,000
10 Clarence Street 4

$315,000

New
14d
Condo ApartmentApartment

10 Clarence Street 4, Lower Town - Sandy Hill

Total Monthly Obligation $2,564

Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
14d
Score
18
Yield
7.6%
Cash on Cash
-7.1%
Cap Rate
3.1%
5Y IRR
10.0%
10Y IRR
10.2%
Property Type-Condo Apartment
MLS® Number-X13882990
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 9, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$2,477.63 (2025)
Maintenance-$887/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-INNOVATION REALTY LTD.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-4001 - Lower Town/Byward Market
Title-Residential Condo & Other

No agent assigned

Welcome to urban living in the heart of Ottawa! This bright and stylish 1 bed 1 bath condo apartment is located in the ByWard Market, one of the city's most vibrant and walkable neighbourhoods. Set within a beautifully preserved heritage building, the exterior charm blends seamlessly with a fully reimagined interior core completed in 1998. High ceilings and beautiful windows create an airy and inviting atmosphere. Engineered hardwood flooring runs throughout, adding warmth and modern elegance. The unit is equipped with a hydronic radiator heating system, providing efficient and consistent warmth throughout. The kitchen is thoughtfully designed with quartz countertops and full-height cabinetry offering plenty of storage and clean lines. Additional conveniences include custom vanity and bathroom storage cabinet shelf, in-suite laundry, automatic entry doors, an underground parking space and private locker, adding rare value. Just steps to Ottawa's best restaurants, boutique shopping, cultural landmarks, and transit, including the O-train Confederation line, this home dellivers unmatched accessibility and lifestyle appeal. Perfect for professionals, investors, or anyone seeking a low-maintenance in a dynamic urban setting.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$252,000
Land Transfer Taxes$3,200
Legal Fees (Est.)
$
Total cash required for closing$67,700

Total Monthly Obligation

$2,564/mo
Mortgage $1,271
Monthly Loss $2,230
Principal$334
Interest$936
Property Tax$206
Condo Fees$887
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.4%0
5-Year IRR
5.7%13
10-Year IRR
7.8%
Returns Index
7.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$24,072/yr
NOI
$6,143/yr
Net Cash Flow
-$759/mo
Cash Margin
-37.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.403
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo65
Risk Index
28.7/ 100

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

Comparables

Properties near 10 Clarence Street 4

Time

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