360 Cumberland Street 405, Lower Town - Sandy Hill

$235,000
360 Cumberland Street 405

$235,000

New
2d
Condo ApartmentApartment

360 Cumberland Street 405, Lower Town - Sandy Hill

Total Monthly Obligation $1,880

HausQ Valuation Report
Beds
1
Baths
1
Park
0
Sqft
0-499
DOM
2d
Score
26
Yield
9.8%
Cash on Cash
4.5%
Cap Rate
5.5%
5Y IRR
19.2%
10Y IRR
17.6%
Property Type-Condo Apartment
MLS® Number-X14103872
Beds-1
Bathrooms-1
Size-0-499 sqft
Listed on site-Oct 21, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,868.77 (2026)
Maintenance-$492.94/mo
Locker-Owned
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-TBA
Neighbourhood-4001 - Lower Town/Byward Market
Title-Residential Condo & Other

No agent assigned

Discover urban living in the heart of Ottawa's vibrant ByWard Market! This penthouse level 1-bedroom, 1-bathroom condo at the 360 Lofts offers an industrial-inspired design featuring exposed ductwork, high ceilings, floor-to-ceiling living room windows, and hardwood flooring. The modern kitchen boasts granite countertops, stainless steel appliances, an upgraded kitchen island, and additional overhead storage. Enjoy the convenience of in-suite laundry and a large private storage locker. Building amenities include a rooftop terrace with pergola and BBQ, along with bike storage. Steps to restaurants, cafés, boutiques, art galleries, Rideau Centre, and the Rideau LRT Station, with the University of Ottawa and Saint Paul University nearby. The perfect blend of style, convenience, and downtown living!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$188,000
Land Transfer Taxes$2,075
Legal Fees (Est.)
$
Total cash required for closing$50,575

Total Monthly Obligation

$1,880/mo
Mortgage $948
Monthly Loss $1,630
Principal$249
Interest$698
Property Tax$239
Condo Fees$493
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.1%28
Cash-on-Cash
-3.5%3
5-Year IRR
13.4%61
10-Year IRR
13.7%
Returns Index
31.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 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
$23,112/yr
NOI
$9,617/yr
Net Cash Flow
-$147/mo
Cash Margin
-7.6%1
Cash Flow Index
1.1/ 100
Risk Profile
Weight: 20%
DSCR
0.8517
LTV Ratio
80.0%18
Vacancy Buffer
5.1 mo84
Risk Index
39.5/ 100

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

Comparables

Properties near 360 Cumberland Street 405

Time

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Data last updated within the past 24 hours.