1785 Frobisher Lane 703, Alta Vista and Area

$299,900
1785 Frobisher Lane 703

$299,900

New
8d
Condo ApartmentApartment

1785 Frobisher Lane 703, Alta Vista and Area

Total Monthly Obligation $2,373

Beds
2
Baths
1
Park
1
Sqft
800-899
DOM
8d
Score
25
Yield
9.7%
Cash on Cash
3.5%
Cap Rate
5.3%
5Y IRR
18.4%
10Y IRR
16.9%
Property Type-Condo Apartment
MLS® Number-X14080332
Beds-2
Bathrooms-1
Size-800-899 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,731 (2025)
Maintenance-$735.48/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Water (Gas)
Brokerage-THE AGENCY OTTAWA
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-3602 - Riverview Park
Title-Residential Condo & Other

No agent assigned

Spacious 2-bedroom in a well managed condo building in a very desirable location, close to public transitway and the LRT for effortless commuting, easy access to Highway 417, close to the Riverside and General Hospitals, Trainyards, Billings Bridge Plaza, and Riverside walking and biking paths. Building amenities include sauna, fitness room, games room, party room, indoor pool, and bike storage. Shared laundry facilities are located on every floor. A guest suite is also available for visitors. The unit comes with a storage locker, parking, and in-unit air conditioning. All utilities are included in the condo fees. This condo unit provides convenient and comfortable accommodation with exceptional value in a prime Ottawa location.

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

Closing Costs

Mortgage Amount
$239,920
Land Transfer Taxes$2,974
Legal Fees (Est.)
$
Total cash required for closing$64,454

Total Monthly Obligation

$2,373/mo
Mortgage $1,210
Monthly Loss $2,054
Principal$318
Interest$891
Property Tax$228
Condo Fees$735
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.1%27
Cash-on-Cash
-3.6%3
5-Year IRR
13.3%60
10-Year IRR
13.6%
Returns Index
30.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$29,040/yr
NOI
$12,179/yr
Net Cash Flow
-$195/mo
Cash Margin
-8.0%1
Cash Flow Index
1.0/ 100
Risk Profile
Weight: 20%
DSCR
0.8416
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo69
Risk Index
34.5/ 100

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

Comparables

Properties near 1785 Frobisher Lane 703

Time

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