110 Forward Avenue 304, West Centre Town

$289,900
110 Forward Avenue 304

$289,900

New
22d
Condo ApartmentApartment

110 Forward Avenue 304, West Centre Town

Total Monthly Obligation $2,196

Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
22d
Score
21
Yield
8.1%
Cash on Cash
-1.6%
Cap Rate
4.2%
5Y IRR
14.3%
10Y IRR
13.6%
Property Type-Condo Apartment
MLS® Number-X13847022
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,461 (2026)
Maintenance-$622.01/mo
Locker-Owned
Parking-1 - Other
Basement-None
Heating-Baseboard (Electric)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-4201 - Mechanicsville
Title-Residential Condo & Other

No agent assigned

Welcome to an easy, approachable way to live in one of Ottawa's most vibrant urban neighbourhoods. This one-bedroom, one-bathroom condo at 304-110 Forward Avenue puts you right between the energy of Hintonburg and the beauty of the Ottawa River. Step outside and you are minutes from the pathways along the Parkway for morning walks, runs, bike rides and evenings by the water, while some of the city's best coffee shops, restaurants, bakeries, breweries and independent shops are waiting just a few blocks in the other direction. Spend Saturday morning wandering Parkdale Market, meet friends for dinner along Wellington, grab coffee from a neighbourhood favourite or hop on your bike and follow the river pathways across the city. Tunney's Pasture LRT is nearby too, making it easy to get downtown and beyond without relying on a car. It is one of those neighbourhoods where you can genuinely leave home on foot and see where the day takes you. Inside, the condo offers comfortable, uncomplicated living with a practical one-bedroom layout and everything you need without paying for space you don't. For first-time buyers, professionals, downsizers or anyone looking for a lower-barrier way into a fantastic central neighbourhood, this is a smart opportunity. And then there is the rooftop. An incredible shared terrace gives you extra space to relax, entertain and take in beautiful sunset views over the neighbourhood - a pretty great place to end a summer day. A manageable home base with the river in one direction and Hintonburg life in the other. Welcome to 304-110 Forward Avenue.

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

Closing Costs

Mortgage Amount
$231,920
Land Transfer Taxes$2,824
Legal Fees (Est.)
$
Total cash required for closing$62,304

Total Monthly Obligation

$2,196/mo
Mortgage $1,169
Monthly Loss $1,889
Principal$308
Interest$862
Property Tax$205
Condo Fees$622
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.3%1
5-Year IRR
9.6%33
10-Year IRR
10.6%
Returns Index
17.2/ 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
$23,544/yr
NOI
$8,864/yr
Net Cash Flow
-$431/mo
Cash Margin
-22.0%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
4.4 mo75
Risk Index
33.6/ 100

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

Comparables

Properties near 110 Forward Avenue 304

Time

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Data last updated within the past 24 hours.