203 CATHERINE Street 902, Ottawa Centre

$399,888
203 CATHERINE Street 902

$399,888

New
22d
Condo ApartmentApartment

203 CATHERINE Street 902, Ottawa Centre

Total Monthly Obligation $2,952

Beds
1
Baths
1
Park
1
Sqft
700-799
DOM
22d
Score
17
Yield
6.9%
Cash on Cash
-6.9%
Cap Rate
3.1%
5Y IRR
10.1%
10Y IRR
10.3%
Property Type-Condo Apartment
MLS® Number-X13854318
Beds-1
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,731.82 (2025)
Maintenance-$744.67/mo
Locker-None
Parking-1 - Underground
Basement-None, None
Heating-Heat Pump (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBA
Neighbourhood-4103 - Ottawa Centre
Title-Residential Condo & Other

No agent assigned

Welcome to Suite 902 at SoBa-an exceptional 1-bedroom + den corner suite located on one of the building's limited premium floors, offering true floor-to-ceiling windows and an oversized 212 sq. ft. balcony, features rarely found elsewhere in the building. This bright, loft-inspired residence showcases exposed concrete ceilings and feature walls, engineered hardwood flooring, and sweeping city views that fill the home with natural light.The open-concept kitchen is beautifully finished with dark cabinetry, quartz countertops, a gas cooktop, stainless steel appliances, and a timeless tile backsplash. The versatile den is perfect for a home office, reading nook, or additional living space, while the spacious bedroom features dramatic wraparound floor-to-ceiling windows, a signature concrete column, and a walk-in closet. A sleek four-piece bathroom and convenient in-suite laundry complete the thoughtfully designed interior.Residents of SoBa enjoy premium amenities including a rooftop outdoor pool, fitness centre, party room, concierge service, and rooftop terrace. Ideally situated steps from Bank Street, Elgin Street, the Glebe, the Rideau Canal, restaurants, grocery stores, transit, and downtown Ottawa, this is a rare opportunity to own one of SoBa's most desirable floor plans in one of the city's most walkable neighbourhoods.

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

Closing Costs

Mortgage Amount
$319,910
Land Transfer Taxes$4,473
Legal Fees (Est.)
$
Total cash required for closing$85,951

Total Monthly Obligation

$2,952/mo
Mortgage $1,613
Monthly Loss $2,528
Principal$424
Interest$1,189
Property Tax$394
Condo Fees$745
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.5%0
5-Year IRR
6.3%15
10-Year IRR
8.1%
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
$27,456/yr
NOI
$8,643/yr
Net Cash Flow
-$893/mo
Cash Margin
-39.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo55
Risk Index
25.8/ 100

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

Comparables

Properties near 203 CATHERINE Street 902

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.