570 Laurier Avenue W 1606, Ottawa Centre

$375,000
570 Laurier Avenue W 1606

$375,000

New
8d
Condo ApartmentApartment

570 Laurier Avenue W 1606, Ottawa Centre

Total Monthly Obligation $2,770

Beds
1
Baths
1
Park
1
Sqft
700-799
DOM
8d
Score
19
Yield
7.6%
Cash on Cash
-3.6%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Condo Apartment
MLS® Number-X14079744
Beds-1
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,025.88 (2026)
Maintenance-$721.66/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK LAFONTAINE REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBA
Neighbourhood-4102 - Ottawa Centre
Title-Residential Condo & Other

No agent assigned

Love the idea of downtown living? Welcome to The Laurier! This bright 16th floor condo puts you right in the heart of Ottawa, close to the LRT, Parliament Hill, Little Italy, shopping and great restaurants. The open-concept living and dining area features hardwood floors, oversized windows and great views, with plenty of natural light throughout. The kitchen keeps things fresh with bright white cabinetry, granite countertops and a breakfast bar that's perfect for casual meals or catching up with friends. The spacious primary bedroom offers two large closets and convenient access to the bathroom. In-unit laundry, underground parking and a separate storage locker round out the practical perks. Step onto the south-facing balcony for your morning coffee, a little sunshine or a chance to unwind at the end of the day. The building also offers some great extras, including an indoor pool, fitness centre and guest suite. A super spot to enjoy the convenience and energy of downtown living, with everything you need close by!

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$
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$300,000
Land Transfer Taxes$4,100
Legal Fees (Est.)
$
Total cash required for closing$80,600

Total Monthly Obligation

$2,770/mo
Mortgage $1,513
Monthly Loss $2,372
Principal$398
Interest$1,115
Property Tax$335
Condo Fees$722
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.5%1
5-Year IRR
8.6%27
10-Year IRR
9.9%
Returns Index
14.4/ 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
$28,464/yr
NOI
$10,532/yr
Net Cash Flow
-$635/mo
Cash Margin
-26.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
27.9/ 100

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

Comparables

Properties near 570 Laurier Avenue W 1606

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.