556 Laurier Avenue W 2003, Ottawa Centre

$699,000
556 Laurier Avenue W 2003

$699,000

New
7d
Condo Apartment1 Storey/Apt

556 Laurier Avenue W 2003, Ottawa Centre

Total Monthly Obligation $4,630

HausQ Valuation Report
Bed+Den
4+1
Baths
3
Park
1
Sqft
1400-1599
DOM
7d
Score
16
Yield
6.1%
Cash on Cash
-7.3%
Cap Rate
3.0%
5Y IRR
9.8%
10Y IRR
10.1%
Property Type-Condo Apartment
MLS® Number-X14095006
Bed+Den-4+1
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Oct 16, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$4,153 (2026)
Maintenance-$1,264.82/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Baseboard (Electric)
Brokerage-REVEL REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-Electric, Living Room
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-4102 - Ottawa Centre
Title-Residential Condo & Other

No agent assigned

Perched on the 20th floor, this bright and beautifully renovated condo offers breathtaking panoramic views overlooking the Ottawa River, Gatineau Hills, and city skyline. The stunning open-concept kitchen is the heart of the home, complemented by high-end wide-plank flooring, custom built-ins, and an exceptional one level layout. Featuring 3 bedrooms plus a den and 2.5 bathrooms this unit provides much more space than you can typically find in a downtown condo. The renovated primary ensuite adds a touch of luxury, while two balconies provide the perfect flex spaces to take in the spectacular surroundings. Includes in unit laundry, one indoor parking space and a storage locker. This is a well run condo corp in a very well maintained building. Central AC included in condo fees. Many amenities, including beautiful penthouse level pool, rooftop deck and guest suite. A rare opportunity to enjoy expansive views, stylish renovations, and spacious condo living in an exceptional setting. 24HR Irrevocable on all offers.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$4,630/mo
Mortgage $2,820
Monthly Loss $3,889
Principal$742
Interest$2,078
Property Tax$346
Condo Fees$1,265
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.6%0
5-Year IRR
6.8%17
10-Year IRR
8.4%
Returns Index
9.9/ 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
$42,288/yr
NOI
$16,328/yr
Net Cash Flow
-$1,459/mo
Cash Margin
-41.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo32
Risk Index
18.4/ 100

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

Comparables

Properties near 556 Laurier Avenue W 2003

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.