201 Parkdale Avenue 1005, West Centre Town

$269,000
201 Parkdale Avenue 1005

$269,000

New
38d
Condo Apartment1 Storey/Apt

201 Parkdale Avenue 1005, West Centre Town

Total Monthly Obligation $2,184

Beds
1
Baths
1
Park
0
Sqft
500-599
DOM
38d
Score
21
Yield
8.9%
Cash on Cash
-0.6%
Cap Rate
4.4%
5Y IRR
15.1%
10Y IRR
14.2%
Property Type-Condo Apartment
MLS® Number-X13793876
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Sep 15, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$3,064.56 (2026)
Maintenance-$643.42/mo
Locker-Exclusive
Parking-Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick Front
Possession-To Be Arranged
Neighbourhood-4201 - Mechanicsville
Title-Residential Condo & Other

No agent assigned

Enjoy open skies and effortless city living from the 10th floor of SOHO Parkway. This bright, contemporary one-bedroom condo offers expansive views over Tunney's Pasture, with glimpses toward the Ottawa River beyond. Dark hardwood flows through the thoughtfully designed suite, while a wall of windows fills the open living space with natural light. The sleek kitchen features full-height cabinetry, quartz counters, stainless steel appliances, built-in oven and microwave, glass mosaic backsplash and a generous storage-rich island. A comfortable bedroom, stylish bathroom with glass-enclosed rainfall shower, in-suite laundry and excellent closet and storage space complete the home. Enjoy polished, hotel-inspired common areas and impressive building amenities, including a fitness centre and panoramic views from the rooftop terrace. With Tunney's Pasture LRT moments away, river pathways to the north and the restaurants, cafés and shops of Hintonburg and Wellington West to the south, this is exceptionally connected urban living.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$215,200
Land Transfer Taxes$2,510
Legal Fees (Est.)
$
Total cash required for closing$57,810

Total Monthly Obligation

$2,184/mo
Mortgage $1,085
Monthly Loss $1,898
Principal$286
Interest$800
Property Tax$255
Condo Fees$643
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-7.9%1
5-Year IRR
10.0%36
10-Year IRR
11.1%
Returns Index
18.5/ 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
$24,060/yr
NOI
$8,468/yr
Net Cash Flow
-$379/mo
Cash Margin
-18.9%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
4.4 mo75
Risk Index
33.9/ 100

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

Comparables

Properties near 201 Parkdale Avenue 1005

Time

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