154 Nelson Street 902, Lower Town - Sandy Hill

$275,000
154 Nelson Street 902

$275,000

New
8d
Condo ApartmentApartment

154 Nelson Street 902, Lower Town - Sandy Hill

Total Monthly Obligation $2,204

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
8d
Score
44
Yield
12.1%
Cash on Cash
14.2%
Cap Rate
7.6%
5Y IRR
27.1%
10Y IRR
24.4%
Property Type-Condo Apartment
MLS® Number-X14083350
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,185 (2025)
Maintenance-$629.64/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Baseboard (Electric)
Brokerage-RE/MAX ABSOLUTE WALKER REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBA
Neighbourhood-4002 - Lower Town
Title-Residential Condo & Other

No agent assigned

Effortless downtown living starts here! Located in the heart of Ottawa, this updated two-bedroom, two-bathroom condo offers style, convenience, and low-maintenance living. The bright and functional open-concept layout features beautiful hardwood floors and large windows that fill the space with natural light. The renovated kitchen is both sleek and functional, with clear sightlines into the living area, making it easy to stay connected while cooking or entertaining. A spacious living and dining room leads to a private balcony with city views. The primary bedroom offers an updated ensuite bathroom and walk-in closet, while the second generous-sized bedroom is conveniently located near the full bathroom, making it an ideal space for guests or a roommate. One underground parking space is included for added convenience. And with restaurants, shopping, nightlife, transit, and countless downtown amenities just steps away, you can truly enjoy everything the city has to offer right outside your door. Stylish, bright, and perfectly located, this is downtown Ottawa living. Some photos are virtually staged.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$220,000
Land Transfer Taxes$2,600
Legal Fees (Est.)
$
Total cash required for closing$59,100

Total Monthly Obligation

$2,204/mo
Mortgage $1,109
Monthly Loss $1,912
Principal$292
Interest$817
Property Tax$265
Condo Fees$630
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
6.1%52
Cash-on-Cash
6.0%27
5-Year IRR
21.1%94
10-Year IRR
20.0%
Returns Index
58.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeC
44/ 100
Poor•Caution

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$33,312/yr
NOI
$16,840/yr
Net Cash Flow
$294/mo
Cash Margin
10.6%29
Cash Flow Index
29.3/ 100
Risk Profile
Weight: 20%
DSCR
1.2752
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo73
Risk Index
47.7/ 100

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

Comparables

Properties near 154 Nelson Street 902

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.

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Data last updated within the past 24 hours.