180 George Street 606, Lower Town - Sandy Hill

$346,000
180 George Street 606

$346,000

New
9d
Condo ApartmentApartment

180 George Street 606, Lower Town - Sandy Hill

Total Monthly Obligation $2,011

Beds
0
Baths
1
Park
0
Sqft
500-599
DOM
9d
Score
21
Yield
5.6%
Cash on Cash
-3.6%
Cap Rate
3.8%
5Y IRR
12.7%
10Y IRR
12.3%
Property Type-Condo Apartment
MLS® Number-X14032428
Beds-0
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Maintenance-$415.62/mo
Locker-Common
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-TBA
Neighbourhood-4001 - Lower Town/Byward Market
Title-Residential Condo & Other

No agent assigned

Never lived-in studio with a rare defined layout, private balcony, and premium finishes, located in Claridge Royale in the heart of the ByWard Market with immediate possession and no HST. This intelligently designed space offers separation between living and sleeping areas, a modern kitchen with quartz or granite counters, stainless steel appliances, and sleek cabinetry, plus floor-to-ceiling windows for natural light. Residents enjoy access to a full suite of amenities including indoor pool, fitness centre, rooftop terrace with BBQs, theatre room, party lounge, and 24-hour security. Situated above Metro and just steps to the LRT, Rideau Centre, restaurants, and Ottawa's top landmarks. A refined, turnkey opportunity without the wait of pre-construction. If this unit isn't the perfect fit, additional studio, one-bedroom, and two-bedroom layouts are available with a range of finishes, layouts, and exposures.

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

Closing Costs

Mortgage Amount
$276,800
Land Transfer Taxes$3,665
Legal Fees (Est.)
$
Total cash required for closing$74,365

Total Monthly Obligation

$2,011/mo
Mortgage $1,396
Monthly Loss $1,644
Principal$367
Interest$1,028
Condo Fees$416
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.0%1
5-Year IRR
8.7%27
10-Year IRR
9.7%
Returns Index
14.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$19,344/yr
NOI
$10,022/yr
Net Cash Flow
-$560/mo
Cash Margin
-34.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
4.8 mo81
Risk Index
35.2/ 100

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

Comparables

Properties near 180 George Street 606

Time

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Data last updated within the past 24 hours.