505 St Laurent Boulevard 1503, Manor Park - Cardinal Glen and Area

$189,900
505 St Laurent Boulevard 1503

$189,900

New
5d
Condo ApartmentApartment

505 St Laurent Boulevard 1503, Manor Park - Cardinal Glen and Area

Total Monthly Obligation $1,839

HausQ Valuation Report
Beds
2
Baths
1
Park
0
Sqft
700-799
DOM
5d
Score
46
Yield
14.6%
Cash on Cash
17.4%
Cap Rate
8.3%
5Y IRR
29.8%
10Y IRR
26.8%
Property Type-Condo Apartment
MLS® Number-X14091910
Beds-2
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 18, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$262 (2026)
Maintenance-$851/mo
Locker-None
Parking-None
Basement-None
Heating-Heat Pump (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-ASAP
Neighbourhood-3103 - Viscount Alexander Park
Title-Residential Condo & Other

No agent assigned

An incredible community, with everything you need either within the complex or minutes away! Full of amenities with an outdoor pool, exercise room, party room, beautifully kept landscaping all at your door plus ample visitor parking and overnight security for added peace of mind! Only a short walk to grocery stores, restaurants and transit. This spacious two bedroom condo comes with a functional layout including space for both a living room and dining room and two generous sized bedrooms. An oversized North West facing balcony completes the space, offering unobstructed views of downtown Ottawa and the Gatineau Hills! Condo fees include building insurance, amenities, caretaker, heat, hydro, water, sewer, and management.The convenience of city living with a quiet building and strong community feel, this opportunity is not to be missed!

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

Closing Costs

Mortgage Amount
$151,920
Land Transfer Taxes$1,624
Legal Fees (Est.)
$
Total cash required for closing$41,104

Total Monthly Obligation

$1,839/mo
Mortgage $766
Monthly Loss $1,637
Principal$202
Interest$564
Property Tax$22
Condo Fees$851
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
6.4%54
Cash-on-Cash
7.1%32
5-Year IRR
22.2%96
10-Year IRR
21.2%
Returns Index
62.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeC
46/ 100
Poor•Caution

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$27,720/yr
NOI
$12,074/yr
Net Cash Flow
$240/mo
Cash Margin
10.4%28
Cash Flow Index
28.5/ 100
Risk Profile
Weight: 20%
DSCR
1.3156
LTV Ratio
80.0%18
Vacancy Buffer
5.1 mo84
Risk Index
53.0/ 100

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

Comparables

Properties near 505 St Laurent Boulevard 1503

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.