90 George Street 1701, Lower Town - Sandy Hill

$2,000,000
90 George Street 1701

$2,000,000

New
16d
Condo Apartment1 Storey/Apt

90 George Street 1701, Lower Town - Sandy Hill

Total Monthly Obligation $15,311

Beds
2
Baths
3
Park
2
Sqft
3750-3999
DOM
16d
Score
13
Yield
5.8%
Cash on Cash
-15.1%
Cap Rate
1.3%
5Y IRR
3.9%
10Y IRR
5.6%
Property Type-Condo Apartment
MLS® Number-X13873516
Beds-2
Bathrooms-3
Size-3750-3999 sqft
Listed on site-Oct 7, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$22,064.87 (2026)
Maintenance-$5,204.59/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-MARILYN WILSON DREAM PROPERTIES INC.
Cooling-Central Air
Laundry-Yes
Fireplace-Natural Gas
Pool-None
Exterior-Brick
Possession-Immediate
Neighbourhood-4001 - Lower Town/Byward Market
Title-Residential Condo & Other

No agent assigned

Situated in the heart of downtown Ottawa, this remarkable condo offers approximately 4,000 SF of living space and an uninterrupted 125-foot sightline overlooking Parliament Hill, wider than most residential lots in the city. Designed by renowned architect Barry Hobin, the residence combines two units to create exceptional space, privacy and views. It also includes three parking spaces, one with an EV charger. The spacious foyer has a walk-in coat closet and full bathroom, while two tone flooring helps define the different areas of the home. The bedroom wing includes two bedrooms, with a particularly spacious primary suite featuring a private balcony, oversized walk-in closet divided for two and a glass-enclosed fitness room. The ensuite bathroom has a soaking tub, walk-in shower, double vanity and dedicated makeup counter. The second bedroom is close to another full bathroom, and there is also a separate powder room for guests. The main living spaces are positioned to take advantage of the Parliament views. A comfortable study shares an ethanol fireplace with the living room, which opens to a balcony. The dining room connects to the large kitchen with granite counters and high-end appliances. A separate pantry includes a wet bar and second refrigerator, while a walk-in laundry room provides excellent additional storage.With approximately 4,000 SF, two parking spaces, sunset views and an extraordinary outlook over Parliament Hill, this is a rare amount of space in the centre of the city.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,600,000
Land Transfer Taxes$36,475
Legal Fees (Est.)
$
Total cash required for closing$437,975

Total Monthly Obligation

$15,311/mo
Mortgage $8,067
Monthly Loss $13,188
Principal$2,123
Interest$5,945
Property Tax$1,839
Condo Fees$5,205
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
0.8%7
Cash-on-Cash
-18.6%0
5-Year IRR
1.7%4
10-Year IRR
4.7%
Returns Index
3.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 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
$115,296/yr
NOI
$16,846/yr
Net Cash Flow
-$6,664/mo
Cash Margin
-69.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.171
LTV Ratio
80.0%18
Vacancy Buffer
0.6 mo13
Risk Index
10.9/ 100

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

Comparables

Properties near 90 George Street 1701

Time

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