251 Bruyere Street 2, Lower Town - Sandy Hill

$582,000
251 Bruyere Street 2

$582,000

New
9d
Condo Townhouse2-Storey

251 Bruyere Street 2, Lower Town - Sandy Hill

Total Monthly Obligation $3,315

Beds
1
Baths
2
Park
1
Sqft
1000-1199
DOM
9d
Score
19
Yield
5.5%
Cash on Cash
-4.3%
Cap Rate
3.7%
5Y IRR
12.2%
10Y IRR
11.9%
Property Type-Condo Townhouse
MLS® Number-X14031002
Beds-1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$4,822.45 (2026)
Maintenance-$366/mo
Locker-None
Parking-1 - Detached
Basement-Partial Basement
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE PERFORMANCE REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-Wood
Pool-None
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block, Poured Concrete
Neighbourhood-4002 - Lower Town
Title-Residential Condo & Other

No agent assigned

This multi-level stacked townhome in the heart of Lower Town has soaring ceilings, a private detached garage, and a rooftop deck, all a short stroll from the ByWard Market. The main floor is open and bright. Eastern-facing solarium windows pour in morning light over hardwood floors, and a wood-burning fireplace anchors the living room. The fully updated custom kitchen has quartz countertops, stainless steel appliances, a full wall of pantry storage, and a dedicated coffee bar. Upstairs, the primary bedroom is your own tucked away retreat with custom storage. The adjoining loft works well as a home office and houses a custom storage nook and Murphy bed. Above it all, the rooftop deck with composite decking and glass railings is a private spot for coffee or evening drinks. Built in 1981 with 1,120 sq. ft. of above-ground living space, this home offers 1 bedroom plus loft, 1.5 baths, and one detached garage. It is part of a self-managed 12-unit row house condominium, and the low $366 monthly fees cover snow clearance, common element maintenance, and the reserve fund. Loblaws, Metro, Farm Boy, and local favourites like Champa Thai are within walking distance. The Rideau Centre and LRT are about a 15-minute walk, and the Rideau River, Ottawa River, and bike pathways are close by.

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

Closing Costs

Mortgage Amount
$465,600
Land Transfer Taxes$8,115
Legal Fees (Est.)
$
Total cash required for closing$126,015

Total Monthly Obligation

$3,315/mo
Mortgage $2,348
Monthly Loss $2,698
Principal$618
Interest$1,730
Property Tax$402
Condo Fees$366
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.7%1
5-Year IRR
8.9%28
10-Year IRR
9.8%
Returns Index
15.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$32,052/yr
NOI
$17,232/yr
Net Cash Flow
-$912/mo
Cash Margin
-34.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
24.5/ 100

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

Comparables

Properties near 251 Bruyere Street 2

Time

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Data last updated within the past 24 hours.