118 Holmwood Avenue 705, Glebe - Ottawa East and Area

$799,900
118 Holmwood Avenue 705

$799,900

New
4d
Condo Apartment1 Storey/Apt

118 Holmwood Avenue 705, Glebe - Ottawa East and Area

Total Monthly Obligation $4,445

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
4d
Score
15
Yield
3.9%
Cash on Cash
-11.0%
Cap Rate
2.2%
5Y IRR
7.0%
10Y IRR
7.9%
Property Type-Condo Apartment
MLS® Number-X14095928
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 19, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-11-15
Taxes-$6,559 (2026)
Maintenance-$472.1/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RED MOOSE REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Metal/Steel Siding
Possession-Immediate
Neighbourhood-4402 - Glebe
Title-Residential Condo & Other

No agent assigned

Welcome to The Vibe at Lansdowne, where the historic charm of the Glebe meets an exceptional urban lifestyle. With an outstanding Walk Score of 99/100, the Farmers' Market, Whole Foods, cafés, acclaimed restaurants, boutique shopping, concerts and sporting events at TD Place are just steps from your door. Perhaps most special is your proximity to the iconic Rideau Canal, a UNESCO World Heritage Site and one of Ottawa's most treasured landmarks. Enjoy skating along the famous canal in winter, or take advantage of its beautiful pathways for walking, jogging and cycling throughout the warmer months. Set within a LEED-certified building designed with sustainability and energy efficiency in mind, this bright, south-facing two-bedroom, two-bathroom suite offers style, comfort and convenience. Expansive floor-to-ceiling windows flood the living space with natural light while showcasing spectacular views of the stadium and surrounding cityscape. Step onto your private balcony and enjoy a truly unique perspective overlooking TD Place Stadium, with views that even capture portions of the stadium seating and the nearby Rideau Canal. The primary bedroom features two closets and a three-piece ensuite, while the second bedroom offers a walk-in closet and an additional closet. In-suite laundry, an owned storage locker and underground parking add everyday practicality. Particularly valuable in this sought-after neighbourhood, the underground garage connects to Lansdowne's parking facility for convenient access to shopping and entertainment. This pet-friendly building (subject to condominium rules) features a fitness centre, party room and fourth-floor terrace with BBQs. Heat and water are included in the condo fees. Experience the best of Glebe living, where Ottawa's history, recreation and vibrant urban culture come together. Please make sure to look at the virtual tour prior to booking a showing and seeing the property in person.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$639,920
Land Transfer Taxes$12,473
Legal Fees (Est.)
$
Total cash required for closing$173,953

Total Monthly Obligation

$4,445/mo
Mortgage $3,227
Monthly Loss $3,596
Principal$849
Interest$2,378
Property Tax$547
Condo Fees$472
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.7%11
Cash-on-Cash
-14.5%0
5-Year IRR
4.4%9
10-Year IRR
6.4%
Returns Index
5.9/ 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
$31,560/yr
NOI
$13,780/yr
Net Cash Flow
-$2,078/mo
Cash Margin
-79.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.363
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
18.4/ 100

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

Comparables

Properties near 118 Holmwood Avenue 705

Time

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Data last updated within the past 24 hours.