265 Poulin Avenue 807, Britannia - Lincoln Heights and Area

$410,000
265 Poulin Avenue 807

$410,000

New
22d
Condo ApartmentApartment

265 Poulin Avenue 807, Britannia - Lincoln Heights and Area

Total Monthly Obligation $3,170

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
22d
Score
21
Yield
8.7%
Cash on Cash
-0.6%
Cap Rate
4.5%
5Y IRR
15.1%
10Y IRR
14.2%
Property Type-Condo Apartment
MLS® Number-X13846734
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Age-51-99
Taxes-$3,252 (2025)
Maintenance-$1,044.76/mo
Locker-Ensuite
Parking-1 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-INNOVATION REALTY LTD.
Cooling-Other
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBD
Neighbourhood-6102 - Britannia
Title-Residential Condo & Other

No agent assigned

Welcome to this rarely offered 3-bedroom, 2-full-bathroom corner suite at 265 Poulin Avenue, where panoramic Ottawa River views and spectacular sunsets take center stage. Perched on the 8th floor, this spacious condominium is filled with natural light, with beautiful waterfront vistas and sunset views enjoyed from the living room, dining area, and two of the bedrooms. The third bedroom faces south, capturing abundant sunlight throughout the day. Designed for both everyday living and entertaining, the functional layout features three generously sized bedrooms, including a spacious primary retreat with a walk-in closet and private ensuite bathroom. The bright, open living space flows seamlessly while making the most of the home's exceptional river views. Enjoy your morning coffee overlooking the water or unwind at the end of the day as the sun sets over the river. This is a rare opportunity to enjoy a spacious corner suite with a waterfront lifestyle that is difficult to replicate.Ideally located with direct access to Ottawa's scenic bike paths and the natural beauty of Mud Lake, and just minutes from Britannia Beach, this home offers an exceptional outdoor lifestyle. Public tennis courts, parks, walking trails, shopping, transit, and the many amenities of Ottawa's west end are all close by. Beyond the exceptional location, the building is home to an extremely active and engaged resident community, with community-organized activities taking place throughout the week and something for everyone. Residents organize and participate in exercise classes, tai chi, games, card groups, French-speaking clubs, and many other social and recreational activities. Whether you are looking to stay active, meet neighbours, join a club, or simply enjoy the vibrant community atmosphere, there are countless opportunities to get involved.

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

Closing Costs

Mortgage Amount
$328,000
Land Transfer Taxes$4,675
Legal Fees (Est.)
$
Total cash required for closing$88,175

Total Monthly Obligation

$3,170/mo
Mortgage $1,654
Monthly Loss $2,734
Principal$435
Interest$1,219
Property Tax$271
Condo Fees$1,045
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.7%2
5-Year IRR
10.9%42
10-Year IRR
11.7%
Returns Index
21.6/ 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
$35,736/yr
NOI
$13,973/yr
Net Cash Flow
-$489/mo
Cash Margin
-16.4%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
26.2/ 100

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

Comparables

Properties near 265 Poulin Avenue 807

Time

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