808 Bronson Avenue 408, Dows Lake - Civic Hospital and Area

$535,000
808 Bronson Avenue 408

$535,000

New
8d
Condo Apartment1 Storey/Apt

808 Bronson Avenue 408, Dows Lake - Civic Hospital and Area

Total Monthly Obligation $3,495

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
8d
Score
19
Yield
6.8%
Cash on Cash
-3.2%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.6%
Property Type-Condo Apartment
MLS® Number-X14082768
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 15, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$4,776 (2026)
Maintenance-$739.28/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-Yes
Fireplace-Yes
Pool-None
Exterior-Concrete, Brick
Possession-TBA
Neighbourhood-4501 - Dows Lake
Title-Residential Condo & Other

No agent assigned

Enjoy exceptional top-floor living at Penthouse 8 in the boutique Second Avenue West building. This bright 2-bedroom, 2-bathroom condo offers western views toward Dow's Lake and a spacious private balcony with gas BBQ hookup. The bright living/dining area features hardwood flooring and a gas fireplace, while the well-appointed kitchen offers granite counters, a large island that doubles as a breakfast bar/dining table, and comes with stainless steel appliances, including a gas stove. The spacious primary bedroom features a walk-in closet and 4-piece ensuite bathroom. Underground parking space and a private storage locker add convenience, while building amenities include a fitness centre, guest suites and bike storage. Steps to Dow's Lake, the Rideau Canal, walking and cycling paths, Little Italy, Preston Street and the Glebe, with easy access to Carleton University and downtown. A fantastic opportunity to enjoy a vibrant urban lifestyle in an exceptional location.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$428,000
Land Transfer Taxes$7,175
Legal Fees (Est.)
$
Total cash required for closing$115,675

Total Monthly Obligation

$3,495/mo
Mortgage $2,158
Monthly Loss $2,927
Principal$568
Interest$1,590
Property Tax$398
Condo Fees$739
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.2%1
5-Year IRR
9.5%32
10-Year IRR
10.4%
Returns Index
16.9/ 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
$36,156/yr
NOI
$16,493/yr
Net Cash Flow
-$784/mo
Cash Margin
-26.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
23.7/ 100

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

Comparables

Properties near 808 Bronson Avenue 408

Time

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