1589 St. Bernard Street 505, Blossom Park - Airport and Area

$318,000
1589 St. Bernard Street 505

$318,000

New
24d
Condo Apartment2-Storey

1589 St. Bernard Street 505, Blossom Park - Airport and Area

Total Monthly Obligation $2,200

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
24d
Score
25
Yield
8.3%
Cash on Cash
2.6%
Cap Rate
5.1%
5Y IRR
17.6%
10Y IRR
16.3%
Property Type-Condo Apartment
MLS® Number-X13841264
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Sep 29, 2026
Style-2-Storey
Building Type-Condo Apartment
Taxes-$2,308.48 (2026)
Maintenance-$525/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Baseboard (Electric)
Brokerage-EXP REALTY
Cooling-None
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Brick
Possession-TBA
Neighbourhood-2607 - Sawmill Creek/Timbermill
Title-Residential Condo & Other

No agent assigned

Welcome to Unit 505 at 1589 St. Bernard Street, a beautifully updated two-storey stacked condo nestled in the sought-after community of Blossom Park. Offering a functional layout with 2 bedrooms, 2 bathrooms, and a storage room, this bright upper-level unit is perfect for first-time home buyers, downsizers, or investors alike. The main floor features an open-concept living and dining area filled with natural light, complete with a cozy wood-burning fireplace and access to a private balcony, an ideal space to enjoy your morning coffee or unwind at the end of the day. The spacious kitchen offers ample cabinetry, generous counter space, and room for casual dining, while a convenient powder room, coat closet, and utility closet complete the main level. Upstairs, you'll find two well-proportioned bedrooms, including a spacious primary retreat with an oversized walk-in closet. The full bathroom features in-unit laundry for added convenience, making everyday living effortless. An additional flex space provides the versatility to be used as a storage room, home office, or computer room, allowing you to tailor the space to suit your lifestyle. Situated in the heart of Blossom Park, this home offers exceptional value with easy access to parks, schools, shopping, restaurants, public transit, walking trails, the Airport Parkway, South Keys Shopping Centre, and Ottawa's international airport. One parking space is included, and monthly condo fees of $525 cover building insurance, management fee, water/sewer, reserve fund allocation, garbage and snow removal, and site and common area maintenance, providing a low-maintenance lifestyle ideal for busy professionals, young families, or savvy investors. Don't miss your opportunity to own a move-in ready home in one of Ottawa South's most convenient and established neighbourhoods.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$254,400
Land Transfer Taxes$3,245
Legal Fees (Est.)
$
Total cash required for closing$68,345

Total Monthly Obligation

$2,200/mo
Mortgage $1,283
Monthly Loss $1,863
Principal$338
Interest$945
Property Tax$192
Condo Fees$525
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-4.0%3
5-Year IRR
12.9%56
10-Year IRR
13.1%
Returns Index
29.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$26,328/yr
NOI
$12,687/yr
Net Cash Flow
-$225/mo
Cash Margin
-10.3%1
Cash Flow Index
0.6/ 100
Risk Profile
Weight: 20%
DSCR
0.8215
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo74
Risk Index
36.0/ 100

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

Comparables

Properties near 1589 St. Bernard Street 505

Time

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Data last updated within the past 24 hours.