2850 CARLING Avenue 302, Britannia Heights - Queensway Terrace N and Area

$350,000
2850 CARLING Avenue 302

$350,000

Price Change
72d
Condo ApartmentApartment

2850 CARLING Avenue 302, Britannia Heights - Queensway Terrace N and Area

Total Monthly Obligation $3,270

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
72d
Score
22
Yield
11.2%
Cash on Cash
1.8%
Cap Rate
5.0%
5Y IRR
17.0%
10Y IRR
15.8%
Property Type-Condo Apartment
MLS® Number-X13673988
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Aug 12, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,936.83 (2026)
Maintenance-$1,330.2/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Baseboard (Electric)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Foundation-Concrete
Possession-FLEXIBLE
Neighbourhood-6201 - Britannia Heights
Title-Residential Condo & Other

No agent assigned

3bedrm condo - RARELY OFFERED AT WESTMOUNT PLACE - across the street from Britannia Beach! Discover one of Ottawa's true boutique condo gems-an intimate, low-density residence of only 20 units, known for its quiet, tight-knit and mature community of long-time residents. This spacious 3-BEDROOM, 2-BATHROOM suite offers approximately 1,360 sq. ft. of bright, comfortable living space, with the third bedroom currently used as a den-perfect for a home office, guest room or traditional bedroom. Step inside to a bright and airy open-concept living and dining area, enhanced by large windows, beautiful flooring and patio doors leading to your private balcony with Ottawa River views. The generous eat-in kitchen provides plenty of cabinetry, counter space and natural light. The spacious primary bedroom features a walk-in closet and private ensuite, while two additional bedrooms provide the flexibility rarely found in condo living. Enjoy the convenience of in-suite laundry, central air conditioning, underground parking and a storage locker-plus an impressive collection of building amenities including a spectacular rooftop terrace with panoramic Ottawa River views and BBQ facilities, fitness room, sauna, hot tub, workshop and party room. What truly sets Westmount Place apart is its atmosphere. With just 20 residences, this is not your typical high-density condo-it offers a wonderful sense of community, privacy, comfort and security in a building where neighbours know one another and residents tend to stay. Ideally located in walking distance to the LRT, Ottawa River pathways, Britannia Beach, Britannia Yacht Club, shopping, recreation and everyday amenities, this is an exceptional opportunity for buyers seeking the space of a home with the convenience of condo living. Three bedrooms. Two full bathrooms. River views. Underground parking. Only 20 units. A rare opportunity in a truly special community-welcome home to Westmount Place!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$280,000
Land Transfer Taxes$3,725
Legal Fees (Est.)
$
Total cash required for closing$75,225

Total Monthly Obligation

$3,270/mo
Mortgage $1,412
Monthly Loss $2,899
Principal$372
Interest$1,040
Property Tax$328
Condo Fees$1,330
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.4%2
5-Year IRR
12.2%51
10-Year IRR
12.9%
Returns Index
26.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$39,084/yr
NOI
$12,876/yr
Net Cash Flow
-$339/mo
Cash Margin
-10.4%1
Cash Flow Index
0.6/ 100
Risk Profile
Weight: 20%
DSCR
0.7612
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
26.3/ 100

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

Comparables

Properties near 2850 CARLING Avenue 302

Time

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