475 Laurier Avenue W 606, Ottawa Centre

$249,900
475 Laurier Avenue W 606

$249,900

New
7d
Condo ApartmentApartment

475 Laurier Avenue W 606, Ottawa Centre

Total Monthly Obligation $1,974

HausQ Valuation Report
Beds
1
Baths
1
Park
0
Sqft
500-599
DOM
7d
Score
25
Yield
9.6%
Cash on Cash
3.8%
Cap Rate
5.4%
5Y IRR
18.6%
10Y IRR
17.1%
Property Type-Condo Apartment
MLS® Number-X14090246
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,162.65 (2026)
Maintenance-$585.6/mo
Locker-None
Parking-None
Basement-None
Heating-Baseboard (Electric)
Brokerage-ENGEL & VOLKERS OTTAWA
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Foundation-Concrete
Possession-30-59 days
Neighbourhood-4102 - Ottawa Centre
Title-Residential Condo & Other

No agent assigned

First-Time Homebuyers this one's for you! Welcome to unit 606-475 Laurier, an affordable 1-bedroom condo offering an incredibly convenient location in the heart of Centretown. Just a 2 Minute Walk to Anytime Fitness, 450M to Lyon Station (LRT), and Steps to the Financial District, Elgin Street, Bank Street, Lebreton Flats and Parliament Hill. This 1 bedroom, 1 bathroom features hardwood flooring throughout with 524 sq.ft of interior living space. With a generous sized living and dining area, a large bedroom, and a kitchen with plenty of counter space and cabinetry. Enjoy your morning coffee, or hosting in the evening on your oversized balcony overlooking Laurier Avenue. Well maintained and move-in ready. Whether you're an investor looking to take advantage of Ottawa's strong rental market or a buyer seeking an affordable downtown lifestyle, this condo presents an excellent opportunity for both steady cash flow and long-term value.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$199,920
Land Transfer Taxes$2,224
Legal Fees (Est.)
$
Total cash required for closing$53,704

Total Monthly Obligation

$1,974/mo
Mortgage $1,008
Monthly Loss $1,709
Principal$265
Interest$743
Property Tax$180
Condo Fees$586
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-3.9%3
5-Year IRR
13.1%58
10-Year IRR
13.5%
Returns Index
29.9/ 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
$24,000/yr
NOI
$10,010/yr
Net Cash Flow
-$174/mo
Cash Margin
-8.7%1
Cash Flow Index
0.9/ 100
Risk Profile
Weight: 20%
DSCR
0.8316
LTV Ratio
80.0%18
Vacancy Buffer
4.8 mo81
Risk Index
38.3/ 100

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

Comparables

Properties near 475 Laurier Avenue W 606

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.