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Investment signal

$359,000

1506 - 111 CHAMPAGNE AVENUE S

Save this home

Beds

1

Baths

1

Sqft

Year

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ottawa. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to SoHo Champagne in the heart of Little Italy! This stylish condo by Brian Gluckstein offers a luxurious, hotel-inspired living experience with hardwood floors throughout, a spacious bedroom, in-suite laundry, underground parking, and a storage locker. Enjoy floor-to-ceiling windows, abundant natural light, and a private balcony. Premium amenities include a fitness centre, theatre room, party room, and outdoor terrace with hot tub & BBQs. Steps to Preston Street, Carling Avenue, top restaurants, cafés, shops, transit, Dow's Lake, and more. Great investment opportunity: Currently rented month-to-month to an excellent tenant at $2,350/month (utilities included), willing to stay. 623 sq. ft. (582 sq. ft. interior + 41 sq. ft. balcony). (id:65958)

Subtype
Single Family
Structure
Apartment
Community
4502 - West Centre Town
Common interest
Condo/Strata
Bedrooms
1 above grade
Parking
1 total
Condo/HOA fee
$726.25 monthly
On market
Apr 22, 2026
Status changed
Apr 24, 2026
Annual tax
$4,339.14 (2025)
Photos
30
MLS#
X13029674
Area
OTTAWA

Features and systems

Parking

Attached GarageGarage

Basement

None

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Heat PumpElectric

Cooling

Central air conditioning

Exterior

Brick

Lot

ElevatorBalcony

Community

Pets Allowed With Restrictions

Fee includes

Common Area MaintenanceWaterParking
Negative cash flow ~$438/mo at these assumptions

Cash on cash

-7.33%

Cap rate

3.40%

GRM

16.6

Break-even rent

$2,262

Financing

Down payment$71,800
Loan amount$287,200
Mortgage$1,455/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$165
Insurance$80
Maintenance$299
CapEx reserve$150
Vacancy loss$90

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,455/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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