18 Nepean Street PH1, Ottawa Centre

$374,900
18 Nepean Street PH1

$374,900

New
18d
Condo Apartment1 Storey/Apt

18 Nepean Street PH1, Ottawa Centre

Total Monthly Obligation $3,224

Beds
1
Baths
1
Park
1
Sqft
900-999
DOM
18d
Score
18
Yield
8.8%
Cash on Cash
-5.1%
Cap Rate
3.5%
5Y IRR
11.6%
10Y IRR
11.4%
Property Type-Condo Apartment
MLS® Number-X13861290
Beds-1
Bathrooms-1
Size-900-999 sqft
Listed on site-Oct 5, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$3,135.38 (2026)
Maintenance-$1,250.81/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Radiant (Gas)
Brokerage-ROYAL LEPAGE INTEGRITY REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBA
Neighbourhood-4102 - Ottawa Centre
Title-Residential Condo & Other

No agent assigned

Welcome to 18 Nepean Street, PH1 - sophisticated penthouse living in the heart of Ottawa. Nestled within an exclusive, secure building, this beautifully updated 1-bedroom, 1-bathroom penthouse offers 942 sq. ft. of bright, thoughtfully designed living space, complete with two private balconies, underground parking, and a storage locker. Natural light pours through the spacious open-concept layout, highlighting the gleaming hardwood floors throughout. The inviting living room features ample storage and direct access to one of the balconies, while the dedicated dining area seamlessly connects to the second outdoor space and the renovated kitchen, showcasing white cabinetry, granite countertops, stainless steel appliances, and a breakfast bar perfect for casual dining. Convenient in-unit laundry leads to the generously sized bedroom with stylish closet doors and an updated bathroom featuring a glass-enclosed shower. With only three units per floor, residents enjoy an exceptional sense of privacy and tranquility rarely found in downtown condominium living. Just outside your door, experience the very best of the city - stroll to Elgin Street's vibrant restaurants and cafés, the Rideau Canal, Parliament Hill, the National Arts Centre, City Hall, Farm Boy, the LCBO, the ByWard Market, and LeBreton Flats. An exceptional opportunity to enjoy luxury, convenience, and urban living at its finest.

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$299,920
Land Transfer Taxes$4,099
Legal Fees (Est.)
$
Total cash required for closing$80,579

Total Monthly Obligation

$3,224/mo
Mortgage $1,512
Monthly Loss $2,826
Principal$398
Interest$1,114
Property Tax$261
Condo Fees$1,251
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.4%0
5-Year IRR
7.4%20
10-Year IRR
9.1%
Returns Index
11.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$32,820/yr
NOI
$8,993/yr
Net Cash Flow
-$763/mo
Cash Margin
-27.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
24.1/ 100

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

Comparables

Properties near 18 Nepean Street PH1

Time

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