250 Fountain Place 122D, Lower Town - Sandy Hill

$685,000
250 Fountain Place 122D

$685,000

New
8d
Condo Townhouse2-Storey

250 Fountain Place 122D, Lower Town - Sandy Hill

Total Monthly Obligation $4,507

Beds
2
Baths
3
Park
1
Sqft
1600-1799
DOM
8d
Score
16
Yield
5.9%
Cash on Cash
-7.8%
Cap Rate
2.9%
5Y IRR
9.4%
10Y IRR
9.8%
Property Type-Condo Townhouse
MLS® Number-X14084406
Beds-2
Bathrooms-3
Size-1600-1799 sqft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-31-50
Taxes-$5,994.17 (2026)
Maintenance-$1,044.55/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-COLDWELL BANKER RHODES & COMPANY
Cooling-Central Air
Laundry-Yes
Fireplace-Wood, Living Room
Pool-None
Exterior-Brick, Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-TBA / Immediate
Neighbourhood-4003 - Sandy Hill
Title-Residential Condo & Other

No agent assigned

Waterfront living in the heart of central Ottawa! Welcome to Fountain Place on the Rideau River where executive style living pairs with the natural setting along the river. Set within a private courtyard community, the home features three distinct outdoor spaces all overlooking the water, including private decks off the living room and primary bedroom, plus a spectacular rooftop retreat. Inside, large windows draw the river views into the living space, creating a bright and inviting atmosphere. The renovated kitchen features a centre island, plenty of cabinetry storage, two sinks, and convenient work space. The adjacent dining area flows offers generous space and leads into the living room, where a wood-burning fireplace creates a warm focal point for relaxing or entertaining on a water view backdrop. Upstairs, the spacious primary suite captures sweeping river views and offers two double closets as well as a 5 piece ensuite with whirlpool bath, double sinks and built-ins. A second bedroom overlooking the courtyard, a full bathroom and bedroom level laundry complete the upper level. Above it all, the private rooftop terrace offers an extraordinary vantage point over the river and an ideal setting to unwind or entertain. Gleaming hardwood floors, wrought iron stair rails, gently enjoyed updates, and garage parking set within a neighbourly community. Enjoy the best of both worlds - nature, paths and nearby parks within proximity of shopping, amenities, transit, Bytowne Cinema, Ottawa U, Byward Market and the downtown core. A rare opportunity to enjoy a tranquil waterfront setting without sacrificing the energy and convenience of downtown living!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$548,000
Land Transfer Taxes$10,175
Legal Fees (Est.)
$
Total cash required for closing$148,675

Total Monthly Obligation

$4,507/mo
Mortgage $2,763
Monthly Loss $3,780
Principal$727
Interest$2,036
Property Tax$500
Condo Fees$1,045
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.2%0
5-Year IRR
6.4%16
10-Year IRR
8.0%
Returns Index
9.0/ 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
$40,200/yr
NOI
$15,251/yr
Net Cash Flow
-$1,492/mo
Cash Margin
-44.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
18.6/ 100

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

Comparables

Properties near 250 Fountain Place 122D

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