90 George Street 601, Lower Town - Sandy Hill

$895,000
90 George Street 601

$895,000

New
3d
Condo Apartment1 Storey/Apt

90 George Street 601, Lower Town - Sandy Hill

Total Monthly Obligation $7,235

Beds
2
Baths
2
Park
1
Sqft
1800-1999
DOM
3d
Score
14
Yield
6.9%
Cash on Cash
-11.7%
Cap Rate
2.1%
5Y IRR
6.4%
10Y IRR
7.5%
Property Type-Condo Apartment
MLS® Number-X14100098
Beds-2
Bathrooms-2
Size-1800-1999 sqft
Listed on site-Oct 20, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$9,657 (2025)
Maintenance-$2,619.79/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-TBD
Neighbourhood-4001 - Lower Town/Byward Market
Title-Residential Condo & Other

No agent assigned

Rarely offered and exceptionally spacious, this elegant two-bedroom, two-bathroom residence offers nearly 2,000 square feet of refined living in one of Ottawa's most sought-after downtown addresses. According to MPAC, the suite measures approximately 1,976 square feet, providing the generous proportions of a house while enjoying the convenience and security of luxury condominium living. The beautifully proportioned open-concept living and dining areas create an inviting setting for both entertaining and everyday comfort. Expansive south-facing windows fill the space with natural light throughout the day and lead to two private balconies, offering ideal spots to relax and take in views of the vibrant surrounding neighbourhood. The well-designed kitchen opens seamlessly to the main living spaces, allowing for effortless entertaining. The spacious primary suite offers a quiet retreat, complete with a walk-in closet, dedicated dressing room, and a private ensuite bathroom. A second bedroom and full bathroom provide excellent flexibility for guests, a home office, or additional family space. Residents of this distinguished building enjoy a full range of upscale amenities including a 24-hour concierge, indoor swimming pool, fitness centre, sauna, meeting room, and convenient car wash facility. Ideally located in the heart of the ByWard Market, this residence is just steps from Ottawa's finest restaurants, cafes, galleries, boutiques, and the Rideau Centre, while also offering easy access to Parliament Hill and scenic pathways along the Ottawa River. A rare opportunity to own a generously sized luxury condominium in one of the city's most dynamic and walkable neighbourhoods. Second walk-in-closet is dressing room. Parking #316 Locker #P3-L58. Interior photographs have been virtually staged.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$716,000
Land Transfer Taxes$14,375
Legal Fees (Est.)
$
Total cash required for closing$194,875

Total Monthly Obligation

$7,235/mo
Mortgage $3,610
Monthly Loss $6,285
Principal$950
Interest$2,660
Property Tax$805
Condo Fees$2,620
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.4%9
Cash-on-Cash
-16.1%0
5-Year IRR
3.7%8
10-Year IRR
6.2%
Returns Index
4.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$62,040/yr
NOI
$12,342/yr
Net Cash Flow
-$2,582/mo
Cash Margin
-49.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.282
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo21
Risk Index
13.7/ 100

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

Comparables

Properties near 90 George Street 601

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