45 Argyle Avenue 101, Ottawa Centre

$600,000
45 Argyle Avenue 101

$600,000

New
9d
Condo Apartment1 Storey/Apt

45 Argyle Avenue 101, Ottawa Centre

Total Monthly Obligation $3,885

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
9d
Score
16
Yield
5.5%
Cash on Cash
-8.9%
Cap Rate
2.7%
5Y IRR
8.6%
10Y IRR
9.1%
Property Type-Condo Apartment
MLS® Number-X14031768
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 14, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$4,114.93 (2026)
Maintenance-$921.79/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Baseboard (Electric)
Brokerage-ENGEL & VOLKERS OTTAWA
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Exterior-Brick
Possession-Quick Closing
Neighbourhood-4104 - Ottawa Centre/Golden Triangle
Title-Residential Condo & Other

No agent assigned

Unit 101 at 45 Argyle Ave, a charming ground-floor opportunity tucked just off Elgin Street, steps from the canal, top restaurants, and everyday conveniences. The inviting living room centers around a cozy wood-burning fireplace, perfect for Ottawa winters. The kitchen features stainless steel appliances, a bar-stool eating area, plus a bright breakfast nook tucked into a bay window; a lovely spot for morning coffee. A proper dining area comfortably fits a full-size table, ideal for hosting. The primary bedroom enjoys its own bay window as well, and benefits from an ensuite that is also accessible from the hallway. A 2-piece powder room off the entrance adds extra convenience for guests, rounding out a layout that's as functional as it is comfortable. The ground-level terrace is an easy, private outdoor space, plus enjoy the building's shared rooftop terrace for those wider skyline views. This unit also includes one underground parking space with a storage locker located right behind it, making everyday errands that much easier. A wonderful opportunity for first-time buyers or those looking to downsize without compromise, all in one of Ottawa's most walkable, vibrant neighbourhoods.

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

Closing Costs

Mortgage Amount
$480,000
Land Transfer Taxes$8,475
Legal Fees (Est.)
$
Total cash required for closing$129,975

Total Monthly Obligation

$3,885/mo
Mortgage $2,420
Monthly Loss $3,248
Principal$637
Interest$1,783
Property Tax$343
Condo Fees$922
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.3%0
5-Year IRR
5.5%12
10-Year IRR
7.3%
Returns Index
7.4/ 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
$32,736/yr
NOI
$11,886/yr
Net Cash Flow
-$1,430/mo
Cash Margin
-52.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.413
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
20.5/ 100

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

Comparables

Properties near 45 Argyle Avenue 101

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.