390 Booth Street 307, West Centre Town

$344,900
390 Booth Street 307

$344,900

New
39d
Condo ApartmentApartment

390 Booth Street 307, West Centre Town

Total Monthly Obligation $2,403

Beds
1
Baths
1
Park
0
Sqft
600-699
DOM
39d
Score
21
Yield
7.4%
Cash on Cash
-1.7%
Cap Rate
4.2%
5Y IRR
14.2%
10Y IRR
13.6%
Property Type-Condo Apartment
MLS® Number-X13782808
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Sep 14, 2026
Style-Apartment
Building Type-Condo Apartment
Age-11-15
Taxes-$3,199 (2026)
Maintenance-$545.03/mo
Locker-Ensuite+Exclusive
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-INNOVATION REALTY LTD.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Metal/Steel Siding
Possession-Flexible
Neighbourhood-4205 - West Centre Town
Title-Residential Condo & Other

No agent assigned

Excellent Location in Centre Town! Welcome to Z6 Urban Lofts, this bright and inviting end-unit condo in one of Ottawa's most exciting and rapidly evolving and desirable neighbourhoods. This is a fantastic opportunity to own in an area experiencing significant redevelopment and growth. Enjoy this beautiful unit, featuring spacious private balcony with the best of both worlds, partially covered, open to soak up the sun, with a view of trees. Inside, you'll appreciate the functional layout and abundance of natural light, 9ft ceilings, hardwood floors. Neutral colours throughout, kitchen features light cupboards, granite countertops & tile backsplash. Situated in a smaller, well-maintained building, this condo offers a more intimate and vibrant community, oriented atmosphere than many larger high-rise developments. The location is unbeatable, just minutes from Chinatown, Little Italy, Lebreton Flat's, 417, Hintonburg, Dow's Lake, downtown Ottawa, trendy cafés, restaurants, new Public Library, and everyday amenities. Commuters will appreciate the excellent transit access, including a short walk to both Pimisi and Corso Italia LRT stations, plus a bus stop conveniently located right outside the building. Outdoor enthusiasts will love the nearby bike paths and easy access to parks and recreation. In-unit Laundry, generous storage space in unit & a rare bonus includes two storage lockers-one conveniently located on the same floor as the unit and another in the basement, perfect for seasonal items, bicycles, and extra storage needs. Whether you're a first-time buyer, investor, or downsizer, this well located condo offers exceptional value, lifestyle, and future potential. You don't want to miss this one!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$275,920
Land Transfer Taxes$3,649
Legal Fees (Est.)
$
Total cash required for closing$74,129

Total Monthly Obligation

$2,403/mo
Mortgage $1,391
Monthly Loss $2,037
Principal$366
Interest$1,025
Property Tax$267
Condo Fees$545
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.7%1
5-Year IRR
9.9%35
10-Year IRR
10.8%
Returns Index
18.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$25,680/yr
NOI
$10,973/yr
Net Cash Flow
-$477/mo
Cash Margin
-22.3%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo69
Risk Index
31.8/ 100

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

Comparables

Properties near 390 Booth Street 307

Time

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Data last updated within the past 24 hours.