3580 Rivergate Way 1608, Hunt Club - Windsor Park Village and Area

$859,900
3580 Rivergate Way 1608

$859,900

New
16d
Condo ApartmentApartment

3580 Rivergate Way 1608, Hunt Club - Windsor Park Village and Area

Total Monthly Obligation $5,332

Beds
2
Baths
2
Park
1
Sqft
1400-1599
DOM
16d
Score
14
Yield
4.0%
Cash on Cash
-14.5%
Cap Rate
1.5%
5Y IRR
4.3%
10Y IRR
6.0%
Property Type-Condo Apartment
MLS® Number-X13871556
Beds-2
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$7,053.58 (2026)
Maintenance-$1,075.67/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Other)
Brokerage-ENGEL & VOLKERS OTTAWA
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Owner-Occupied
Neighbourhood-4801 - Quinterra
Title-Residential Condo & Other

No agent assigned

Set high above the Rideau River corridor, this spacious 2-bedroom, 2-bathroom residence at the gated Riverside Gate II has sweeping views from the 16th floor. A welcoming entry leads to warm hardwood flooring throughout the principal rooms, where the expansive living and dining areas are framed by large windows that fill the home with natural light. Direct access to a covered balcony extends the living space outdoors, with glass-panel railings and sightlines spanning mature treetops and the surrounding neighbourhoods. The kitchen features extensive white cabinetry, granite countertops, stainless steel appliances, recessed lighting, durable tile flooring, and a separate breakfast area. Both bedrooms are generously sized and finished with hardwood flooring, including a bright primary suite with a walk-in closet and a private 5-piece ensuite complete with double sinks, a corner soaker tub, and a separate glass-enclosed shower. The second full bathroom and a dedicated in-suite laundry room with a utility sink, cabinetry, and hanging space. Riverside Gate offers an impressive collection of amenities, including a front gate with security, an elegant lobby with concierge-style reception, an indoor pool, fitness centre, games room, library, lounge areas, shared kitchen, workshop, tennis and multi-use courts, and visitor parking. The building is close to the Rideau River, parks, walking and cycling connections, Ottawa Hunt and Golf Club, shopping, and restaurants along Hunt Club Road, and at South Keys. The building's proximity to Ottawa International Airport also significantly reduces travel time. With exceptional square footage, secure grounds, extensive amenities and a well-connected location, this residence is ideal for those looking to downsize to a refined condominium with a strong community feel!

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$687,920
Land Transfer Taxes$13,673
Legal Fees (Est.)
$
Total cash required for closing$187,153

Total Monthly Obligation

$5,332/mo
Mortgage $3,469
Monthly Loss $4,419
Principal$913
Interest$2,556
Property Tax$588
Condo Fees$1,076
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.0%8
Cash-on-Cash
-17.9%0
5-Year IRR
1.9%5
10-Year IRR
4.6%
Returns Index
3.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$34,272/yr
NOI
$8,483/yr
Net Cash Flow
-$2,762/mo
Cash Margin
-96.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.201
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo28
Risk Index
16.0/ 100

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

Comparables

Properties near 3580 Rivergate Way 1608

Time

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