59 Havelock Street 1, Glebe - Ottawa East and Area

$599,000
59 Havelock Street 1

$599,000

New
93d
Condo Apartment2-Storey

59 Havelock Street 1, Glebe - Ottawa East and Area

Total Monthly Obligation $3,660

HausQ Valuation Report
Beds
2
Baths
2
Park
2
Sqft
900-999
DOM
93d
Score
16
Yield
4.5%
Cash on Cash
-11.1%
Cap Rate
2.2%
5Y IRR
6.9%
10Y IRR
7.9%
Property Type-Condo Apartment
MLS® Number-X13610910
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Jul 22, 2026
Style-2-Storey
Building Type-Condo Apartment
Taxes-$3,350 (2026)
Maintenance-$765.07/mo
Locker-None
Parking-3 - Built-In
Basement-Partially Finished
Heating-Baseboard (Electric)
Brokerage-COLDWELL BANKER RHODES & COMPANY
Cooling-Wall Unit(s)
Laundry-No
Fireplace-Family Room, Wood
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Possession-Possession date after November 20 2026
Neighbourhood-4408 - Ottawa East
Title-Residential Condo & Other

No agent assigned

Welcome to 59-1 Havelock, a charming two-level condo offering a practical layout, an integrated garage and a great central Ottawa location. This unit features 2 bedrooms, 1 full bathroom, 1 powder room and a balcony, perfect for enjoying a morning coffee or some fresh air. The integrated garage at the basement level adds valuable convenience for parking, storage and everyday living. Located on a quiet, low-traffic street, this property offers a peaceful residential feel while keeping you close to everything Ottawa has to offer. Enjoy quick access to downtown, public transit, shops, restaurants, cafés, parks, schools and essential services. A great opportunity for first-time buyers, professionals, investors or anyone looking for a comfortable condo in a well-located and highly convenient area of the city.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,660/mo
Mortgage $2,416
Monthly Loss $3,025
Principal$636
Interest$1,780
Property Tax$279
Condo Fees$765
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.6%10
Cash-on-Cash
-15.2%0
5-Year IRR
4.0%8
10-Year IRR
6.2%
Returns Index
5.3/ 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
$27,084/yr
NOI
$9,445/yr
Net Cash Flow
-$1,629/mo
Cash Margin
-72.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.332
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
21.2/ 100

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

Comparables

Properties near 59 Havelock Street 1

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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