1000 Wellington Street W 403, West Centre Town

$399,500
1000 Wellington Street W 403

$399,500

Price Change
44d
Condo ApartmentApartment

1000 Wellington Street W 403, West Centre Town

Total Monthly Obligation $2,943

Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
44d
Score
17
Yield
6.2%
Cash on Cash
-9.7%
Cap Rate
2.5%
5Y IRR
8.0%
10Y IRR
8.7%
Property Type-Condo Apartment
MLS® Number-X13760086
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Sep 9, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,496.58 (2026)
Maintenance-$757.05/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-ENGEL & VOLKERS OTTAWA
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete, Other
Possession-Early October
Neighbourhood-4203 - Hintonburg
Title-Residential Condo & Other

No agent assigned

This distinctive 1 bedroom, 1 bathroom condo in Hintonburg has over 600 sq ft of loft-inspired living space with expansive windows. Located at The Eddy, a LEED Platinum-certified building with secure bicycle storage and an impressive rooftop terrace with BBQ, lounge and dining areas. The beautifully finished condo, features a kitchen with sleek flat-panel cabinetry, pendant lighting, natural wood open shelving, stainless appliances and centre island with storage and casual seating. The living room is framed by a large window wall with city/Gatineau Hill views, complemented by concrete ceilings that add a unique urban character to the living space. Just off the living area is a covered private balcony with glass railings and elevated views of the neighbourhood. The bedroom continues the design aesthetic with matching flooring and built-in cabinetry. A stylish 4-piece bathroom is located just beside the laundry closet with a stacked full-size washer and dryer. This 4th floor unit also comes with 1 parking space and two storage lockers. Experience some of the city's best shops, cafés, restaurants, breweries and boutiques right at your doorstep along Wellington St West. Within a few minutes, you'll reach the Parkdale Market, Ottawa River Pathways, Civic Hospital, Experimental Farm, Dow's Lake and multiple LRT stations, making for effortless commuting throughout the city. This condo is ideal for anyone looking for a low-maintenance, turnkey apartment surrounded by the best amenities Ottawa has to offer!

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Closing Costs

Mortgage Amount
$319,600
Land Transfer Taxes$4,468
Legal Fees (Est.)
$
Total cash required for closing$85,868

Total Monthly Obligation

$2,943/mo
Mortgage $1,611
Monthly Loss $2,519
Principal$424
Interest$1,187
Property Tax$375
Condo Fees$757
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.6%10
Cash-on-Cash
-15.0%0
5-Year IRR
4.3%9
10-Year IRR
6.6%
Returns Index
5.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$24,900/yr
NOI
$6,429/yr
Net Cash Flow
-$1,076/mo
Cash Margin
-51.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.332
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
25.4/ 100

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

Comparables

Properties near 1000 Wellington Street W 403

Time

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Data last updated within the past 24 hours.