354 Gladstone Avenue 205, Ottawa Centre

$474,000
354 Gladstone Avenue 205

$474,000

New
17d
Condo ApartmentApartment

354 Gladstone Avenue 205, Ottawa Centre

Total Monthly Obligation $3,396

Beds
1
Baths
2
Park
1
Sqft
800-899
DOM
17d
Score
16
Yield
6.0%
Cash on Cash
-9.9%
Cap Rate
2.5%
5Y IRR
7.9%
10Y IRR
8.6%
Property Type-Condo Apartment
MLS® Number-X13868710
Beds-1
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 6, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,916.38 (2026)
Maintenance-$874.3/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-ENGEL & VOLKERS OTTAWA
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Exterior-Brick, Metal/Steel Siding
Roof-Unknown
Foundation-Concrete
Possession-Immediate
Neighbourhood-4103 - Ottawa Centre
Title-Residential Condo & Other

No agent assigned

Discover this modern 1 bedroom with large office/den, 2-bath, 843 sq. ft. loft-style eco-friendly apartment in Central 1. This unit boasts an open-concept layout with 9' ceilings, floor-to-ceiling windows, a contemporary kitchen and bathrooms, walk-in closet, in-unit laundry, underground parking and a storage locker. Enjoy amenities such as keyless FOB entry, a Courtyard with BBQs, gym, party room, and a theatre. The 119 sq. ft. terrace offers you the advantage of a serene view of theCourtyard, creating a quiet and peaceful outdoor retreat.Ideally situated close to downtown, restaurants, coffee shops, grocery stores, Rideau Canal, Parliament, The Glebe, and Lansdowne Park. You wont want to miss this opportunity!

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

Closing Costs

Mortgage Amount
$379,200
Land Transfer Taxes$5,955
Legal Fees (Est.)
$
Total cash required for closing$102,255

Total Monthly Obligation

$3,396/mo
Mortgage $1,912
Monthly Loss $2,893
Principal$503
Interest$1,409
Property Tax$410
Condo Fees$874
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.7%10
Cash-on-Cash
-14.8%0
5-Year IRR
4.5%10
10-Year IRR
6.7%
Returns Index
5.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$28,548/yr
NOI
$7,885/yr
Net Cash Flow
-$1,255/mo
Cash Margin
-52.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.343
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
22.6/ 100

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

Comparables

Properties near 354 Gladstone Avenue 205

Time

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