401 Golden Avenue 703, Carlingwood - Westboro and Area

$739,000
401 Golden Avenue 703

$739,000

New
9d
Condo Apartment1 Storey/Apt

401 Golden Avenue 703, Carlingwood - Westboro and Area

Total Monthly Obligation $4,770

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
9d
Score
15
Yield
5.2%
Cash on Cash
-10.1%
Cap Rate
2.4%
5Y IRR
7.6%
10Y IRR
8.4%
Property Type-Condo Apartment
MLS® Number-X14031364
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 14, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$6,532 (2026)
Maintenance-$1,044.79/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-ENGEL & VOLKERS OTTAWA
Cooling-Central Air, Other
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-30-60 Flexible
Neighbourhood-5104 - McKellar/Highland
Title-Residential Condo & Other

No agent assigned

Westboro! The pleasure of living in the heart of it all, with the luxury of feeling a little above it. This beautifully maintained corner residence offers approx 1,200 sq ft of thoughtfully designed space, wonderful natural light, and an outlook that stretches across the treetops, with glimpses of the Ottawa River. Designed by acclaimed Ottawa architect Barry Hobin, Westboro Station brings a contemporary architectural presence to one of the city's most engaging neighbourhoods. This immaculate 2/bed, 2/bath apartment offers a lovely balance of style, comfort, and everyday practicality. Thoughtfully designed floor plan reflects the building's connection to the city's transit network and the ease of living in such a wonderfully accessible location. Open and airy, welcoming atmosphere throughout. Expansive windows frame the surrounding neighbourhood, bringing the changing seasons into everyday view. Hardwood flooring, neutral palette, and beautifully proportioned, flexible living spaces create an interior that feels sophisticated without being formal. Open-concept living and dining areas flow naturally together, offering generous space for entertaining while remaining wonderfully comfortable for quieter moments at home. The kitchen is both stylish & practical, with rich cabinetry, stone countertops, stainless steel appliances, and a generous island. The private balcony (BBQ permitted) offers Northwest exposure, open skies, afternoon light or enjoying a morning coffee. The primary bedroom is a comfortable retreat with ensuite bath & walk-in closet. The second bedroom & full bath offer flexibility for guests/home office. Boutiques, cafés, specialty shops, are all close at hand. The Ottawa River, extensive pathways, parkland, and Westboro Beach provide an extraordinary setting for walking/exploring. Flexible lifestyle, an appealing opportunity to spend less time looking after a property and more time enjoying a simplified lifestyle. 1 parking EV charger/1 locker. 24 hrs ir

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$591,200
Land Transfer Taxes$11,255
Legal Fees (Est.)
$
Total cash required for closing$160,555

Total Monthly Obligation

$4,770/mo
Mortgage $2,981
Monthly Loss $3,986
Principal$784
Interest$2,196
Property Tax$544
Condo Fees$1,045
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.2%0
5-Year IRR
4.8%10
10-Year IRR
6.8%
Returns Index
6.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$38,604/yr
NOI
$13,274/yr
Net Cash Flow
-$1,875/mo
Cash Margin
-58.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.373
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
17.5/ 100

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

Comparables

Properties near 401 Golden Avenue 703

Time

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