60 Mcleod Street 405, Ottawa Centre

$659,000
60 Mcleod Street 405

$659,000

New
7d
Condo ApartmentApartment

60 Mcleod Street 405, Ottawa Centre

Total Monthly Obligation $4,260

HausQ Valuation Report
Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
7d
Score
18
Yield
6.4%
Cash on Cash
-4.5%
Cap Rate
3.6%
5Y IRR
12.0%
10Y IRR
11.8%
Property Type-Condo Apartment
MLS® Number-X14085304
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Age-31-50
Taxes-$4,916.38 (2026)
Maintenance-$991.71/mo
Locker-Ensuite
Parking-1 - Underground
Basement-None
Heating-Water (Gas)
Brokerage-COLDWELL BANKER RHODES & COMPANY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-To be arranged
Neighbourhood-4104 - Ottawa Centre/Golden Triangle
Title-Residential Condo & Other

No agent assigned

Welcome to this beautifully updated 3-bedroom, 2-bathroom apartment, ideally located just steps from the Rideau Canal and Elgin Street. Featuring a bright modern refreshed interior, a spacious functional layout. This apartment offers the perfect blend of comfort, style, and convenience. The Living Room / Dining Room combination is over 26 feet long! Three generously sized bedrooms provide plenty of space for empty nesters, professionals, or those working from home, while the two full bathrooms (including a 3 piece ensuite) add everyday practicality. A large in-suite storage room is so convenient! Underground parking for your car is an added bonus with winter just around the corner. Enjoy the convenience of nearby walking and cycling paths, green spaces, local shops, restaurants, and other essential amenities. If you are looking for a comfortable place to call home with all the advantages of city living, this apartment is an excellent choice. Don't miss the opportunity to make this inviting space your next home!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$527,200
Land Transfer Taxes$9,655
Legal Fees (Est.)
$
Total cash required for closing$142,955

Total Monthly Obligation

$4,260/mo
Mortgage $2,658
Monthly Loss $3,560
Principal$700
Interest$1,959
Property Tax$410
Condo Fees$992
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.1%1
5-Year IRR
8.7%27
10-Year IRR
9.8%
Returns Index
14.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$42,468/yr
NOI
$19,004/yr
Net Cash Flow
-$1,075/mo
Cash Margin
-30.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
20.2/ 100

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

Comparables

Properties near 60 Mcleod Street 405

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.