475 Laurier Avenue W 1601, Ottawa Centre

$309,900
475 Laurier Avenue W 1601

$309,900

New
9d
Condo ApartmentApartment

475 Laurier Avenue W 1601, Ottawa Centre

Total Monthly Obligation $2,722

HausQ Valuation Report
Beds
2
Baths
1
Park
1
Sqft
900-999
DOM
9d
Score
20
Yield
9.5%
Cash on Cash
-2.3%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.1%
Property Type-Condo Apartment
MLS® Number-X14030334
Beds-2
Bathrooms-1
Size-900-999 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,542.47 (2026)
Maintenance-$977.07/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Baseboard (Electric)
Brokerage-REAL BROKER ONTARIO LTD.
Cooling-None
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-4101 - Ottawa Centre
Title-Residential Condo & Other

No agent assigned

Welcome to 475 Laurier Avenue West, Unit 1601. This 2-bedroom, 1-bathroom condo sits on the 16th floor in the heart of downtown Ottawa. This meticulously maintained unit features hardwood floors throughout and a functional open-concept layout with real room for a dining table, full living area, and work-from-home setup. The private balcony looks out over east-facing city views. Both bedrooms are well sized, with the second flexible as either a guest room or home office depending on your needs. The unit is equipped with an in-suite washer/dryer hookup so you can add your own machine and skip the shared laundry room, and an underground parking spot helps you avoid the worst of winter. With unparalleled walkability, you're just steps from Parliament Hill, Lyon LRT station, LeBreton Flats, the Ottawa River pathways, and the restaurants and shops of downtown. This home is a great fit for first-time buyers, professionals, downsizers, or investors.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$247,920
Land Transfer Taxes$3,124
Legal Fees (Est.)
$
Total cash required for closing$66,604

Total Monthly Obligation

$2,722/mo
Mortgage $1,250
Monthly Loss $2,393
Principal$329
Interest$921
Property Tax$295
Condo Fees$977
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.3%1
5-Year IRR
9.0%29
10-Year IRR
10.4%
Returns Index
15.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$29,400/yr
NOI
$8,793/yr
Net Cash Flow
-$517/mo
Cash Margin
-21.1%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
28.3/ 100

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

Comparables

Properties near 475 Laurier Avenue W 1601

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.