300 Queen Elizabeth Drive 9B, Glebe - Ottawa East and Area

$1,550,000
300 Queen Elizabeth Drive 9B

$1,550,000

New
8d
Condo ApartmentApartment

300 Queen Elizabeth Drive 9B, Glebe - Ottawa East and Area

Total Monthly Obligation $8,987

HausQ Valuation Report
Beds
2
Baths
2
Park
2
Sqft
1600-1799
DOM
8d
Score
13
Yield
2.6%
Cash on Cash
-19.1%
Cap Rate
0.5%
5Y IRR
0.9%
10Y IRR
3.4%
Property Type-Condo Apartment
MLS® Number-X14082362
Beds-2
Bathrooms-2
Size-1600-1799 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$8,274.84 (2026)
Maintenance-$1,845.65/mo
Locker-Exclusive
Parking-2 - Underground
Basement-None
Heating-Water (Gas)
Brokerage-RE/MAX ABSOLUTE WALKER REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBA
Neighbourhood-4402 - Glebe
Title-Residential Condo & Other

No agent assigned

Welcome to this spacious and rarely offered 2-bedroom, 2-bathroom condo at 300 Queen Elizabeth Driveway. Lovingly maintained by its original owners, this residence offers an exceptional blend of comfort, space, and location. Generous principal rooms, abundant natural light, and a well-designed layout create an inviting setting for both everyday living and entertaining. One of the standout features of this condo is its private balcony, where north and east-facing views of the Rideau Canal provide a stunning backdrop for morning coffee, outdoor dining, and relaxing summer evenings. The interior has been tastefully updated while preserving the generous proportions that make this home so appealing. Two well-sized bedrooms, two full bathrooms, and ample living space offer flexibility for homeowners and guests alike.Set along one of Ottawa's most desirable stretches of the Rideau Canal, you'll enjoy easy access to scenic pathways, the Glebe, Lansdowne, Dow's Lake, and downtown Ottawa. A rare opportunity to own a spacious, updated condo with beautiful canal views in a truly special setting.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$1,240,000
Land Transfer Taxes$27,475
Legal Fees (Est.)
$
Total cash required for closing$338,975

Total Monthly Obligation

$8,987/mo
Mortgage $6,252
Monthly Loss $7,342
Principal$1,645
Interest$4,607
Property Tax$690
Condo Fees$1,846
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
0.2%5
Cash-on-Cash
-21.6%0
5-Year IRR
-1.0%2
10-Year IRR
2.5%
Returns Index
1.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 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
$39,720/yr
NOI
$2,925/yr
Net Cash Flow
-$6,008/mo
Cash Margin
-181.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.041
LTV Ratio
80.0%18
Vacancy Buffer
1.1 mo18
Risk Index
12.3/ 100

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

Comparables

Properties near 300 Queen Elizabeth Drive 9B

Time

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Data last updated within the past 24 hours.