360 Mcleod Street 905, Ottawa Centre

$449,900
360 Mcleod Street 905

$449,900

New
23d
Condo ApartmentApartment

360 Mcleod Street 905, Ottawa Centre

Total Monthly Obligation $2,969

Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
23d
Score
17
Yield
5.9%
Cash on Cash
-7.3%
Cap Rate
3.0%
5Y IRR
9.8%
10Y IRR
10.1%
Property Type-Condo Apartment
MLS® Number-X13844006
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Condo Apartment
Age-11-15
Taxes-$3,921.94 (2025)
Maintenance-$627.78/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Other)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-4103 - Ottawa Centre
Title-Residential Condo & Other

No agent assigned

Rarely offered and immaculately maintained, this penthouse has soaring 10-foot ceilings and breathtaking, unobstructed 180-degree views creating a stunning backdrop over downtown and the western skyline. From the moment you step inside, you're immersed in light. The expansive, open-concept design unfolds effortlessly, enhanced by newly installed living room flooring that flows seamlessly throughout, elevating every inch of the space.The kitchen is both refined and functional, thoughtfully upgraded with sleek cabinetry, modern countertops, an updated faucet, and premium appliances, including a new Maytag range. A full wall of additional cabinetry offers exceptional storage, delivering both sophistication and everyday practicality. Retreat to the spacious primary bedroom, a calm and comfortable escape. Nearby, a versatile den or home office adapts beautifully to your lifestyle, complete with a double closet and a cleverly integrated Murphy bed, creating a seamless and stylish solution for hosting overnight guests. The bathroom continues the elevated feel, featuring a custom wide shower and quality built-in finishes designed with both comfort and design in mind. Additional highlights include in-suite laundry and a convenient underground parking space. Beyond your front door, enjoy access to an impressive collection of amenities, including an outdoor pool, inviting patio area, party rooms, and a fully equipped fitness centre. All of this, just steps from the vibrant shops, restaurants, and conveniences of Bank Street and within easy walking distance to downtown office towers.This is more than a home. This is penthouse living, elevated in every sense.

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

Closing Costs

Mortgage Amount
$359,920
Land Transfer Taxes$5,473
Legal Fees (Est.)
$
Total cash required for closing$96,953

Total Monthly Obligation

$2,969/mo
Mortgage $1,815
Monthly Loss $2,492
Principal$478
Interest$1,337
Property Tax$327
Condo Fees$628
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.3%0
5-Year IRR
6.3%15
10-Year IRR
8.0%
Returns Index
8.8/ 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
$26,376/yr
NOI
$9,883/yr
Net Cash Flow
-$991/mo
Cash Margin
-45.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo55
Risk Index
25.7/ 100

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

Comparables

Properties near 360 Mcleod Street 905

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.