457 Mcleod Street 101, Ottawa Centre

$389,900
457 Mcleod Street 101

$389,900

New
3d
Condo ApartmentApartment

457 Mcleod Street 101, Ottawa Centre

Total Monthly Obligation $2,586

Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
3d
Score
19
Yield
6.6%
Cash on Cash
-4.0%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Condo Apartment
MLS® Number-X14099886
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,746 (2026)
Maintenance-$501.1/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Exterior-Brick
Possession-Immediate
Neighbourhood-4103 - Ottawa Centre
Title-Residential Condo & Other

No agent assigned

Set in the heart of Centretown on a quiet residential stretch of McLeod, this ground-floor Domicile-built condominium offers a beautiful blend of scale, light, and privacy. The four-storey red brick building stands apart for its timeless architecture, defined by black-framed accents and understated contemporary detailing. Inside, high ceilings and hardwood floors set a calm, airy tone. The open-concept layout is anchored by a cozy gas fireplace and flows seamlessly through large windows to an expansive covered south-facing terrace, an exceptional extension of the living space. The kitchen is well proportioned, featuring granite countertops, abundant cabinetry, and an eat-up breakfast bar designed for both daily function and entertaining. The primary bedroom includes double deep closets, while a full bathroom with tub, thoughtful storage and laundry complete the interior. Located just steps from cafés, parks, and the coolest amenities, yet quietly set back from the street, this home delivers a rare balance of urban convenience and residential calm in one of Ottawa's most walkable neighbourhoods. One parking spot and locker included. Bike room located in garage. A must see in Centretown!

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$311,920
Land Transfer Taxes$4,324
Legal Fees (Est.)
$
Total cash required for closing$83,804

Total Monthly Obligation

$2,586/mo
Mortgage $1,573
Monthly Loss $2,172
Principal$414
Interest$1,159
Property Tax$312
Condo Fees$501
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.5%1
5-Year IRR
8.5%26
10-Year IRR
9.6%
Returns Index
14.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$25,656/yr
NOI
$10,931/yr
Net Cash Flow
-$662/mo
Cash Margin
-31.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
29.5/ 100

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

Comparables

Properties near 457 Mcleod Street 101

Time

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