2630 Southvale Crescent 401, Elmvale Acres and Area

$345,000
2630 Southvale Crescent 401

$345,000

New
3d
Condo ApartmentApartment

2630 Southvale Crescent 401, Elmvale Acres and Area

Total Monthly Obligation $2,724

Beds
2
Baths
2
Park
1
Sqft
1200-1399
DOM
3d
Score
38
Yield
11.5%
Cash on Cash
11.6%
Cap Rate
7.1%
5Y IRR
25.0%
10Y IRR
22.5%
Property Type-Condo Apartment
MLS® Number-X14100536
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,613.79 (2026)
Maintenance-$914.6/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Water (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Window Unit(s)
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Aluminum Siding
Roof-Unknown
Possession-Immediate
Neighbourhood-3705 - Sheffield Glen/Industrial Park
Title-Residential Condo & Other

No agent assigned

Distinctive in both scale and design, this approximately 1,215 sq. ft. two-storey residence offers generous room proportions, excellent separation between living and sleeping areas, two large private balconies and elevated views toward the Ottawa skyline. The upper level is designed for living and entertaining, with a spacious living room, kitchen, expansive dining area, powder room and access to a deep private balcony. The floor plan offers flexibility to potentially create a third bedroom or enclosed home office. Downstairs, the private sleeping level features two generously sized bedrooms and a full bathroom. The spacious primary bedroom enjoys direct access to its own private balcony. Storage is another advantage, with a dedicated storage room inside the unit plus a separate storage locker, while sheltered garage parking provides convenience and protection from the elements. Although identified as a fourth-floor residence, the building's two-storey configuration creates an unexpectedly elevated outlook, with wide-open views across established neighbourhoods toward the Ottawa skyline and beyond. Amenities include an outdoor pool, fitness facilities with saunas, billiards and games areas, social spaces, workshop and bicycle storage. Condo fees include heat, hydro and water. Updates include kitchen (2021); oven (2025); dishwasher (2019); kitchen flooring (2019); main bath vanity & sink (2025); main bath flooring (2019); and premium laminate wood-look flooring on both levels (2019). A rare combination of two-level living, exceptional storage, generous outdoor space, beautiful views and condominium convenience. You're just minutes from downtown Ottawa, The Ottawa Hospital, St. Laurent Shopping Centre and everyday amenities, with easy access to public transit. Be our guest and book your private viewing today!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$276,000
Land Transfer Taxes$3,650
Legal Fees (Est.)
$
Total cash required for closing$74,150

Total Monthly Obligation

$2,724/mo
Mortgage $1,392
Monthly Loss $2,358
Principal$366
Interest$1,025
Property Tax$218
Condo Fees$915
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
5.7%47
Cash-on-Cash
4.2%19
5-Year IRR
19.6%91
10-Year IRR
18.7%
Returns Index
53.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
38/ 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
$39,792/yr
NOI
$19,824/yr
Net Cash Flow
$260/mo
Cash Margin
7.9%19
Cash Flow Index
19.3/ 100
Risk Profile
Weight: 20%
DSCR
1.1944
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
40.4/ 100

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

Comparables

Properties near 2630 Southvale Crescent 401

Time

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