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Investment signal

$359,999

E - 156 WATERBRIDGE DRIVE

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Beds

Baths

Sqft

—

Year

—

Type

Single Family

Suite

Investment signal

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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

Attention first time home buyers! Located in the heart of Barrhaven, this Tartan Condo is sure to impress!Spacious entry leads you to your open concept living and dining space, creating a warm, inviting setting which is sure to be the heart of the home! Large windows and direct access to your private balcony. The stunning chef kitchen features ample cabinetry & counter space, and breakfast bar perfect for entertaining. Well appointed primary bedroom and sizable secondary bedroom perfect for work from home professionals.Whether you're looking for a low-maintenance lifestyle or a smart investment opportunity, this home truly delivers. Phenomenal location just minutes from shops, parks, recreation, schools, and transit in the heart of Barrhaven! Welcome Home! (id:65958)

Subtype: Single Family
Structure: Apartment
Community: 7710 - Barrhaven East
Common interest: Condo/Strata
Bedrooms: 2 above grade, 0 below grade
Parking: 1 total
Condo/HOA fee: $361 monthly
On market: Apr 8, 2026
Status changed: Apr 24, 2026
Annual tax: $2,505.5
Zoning: Residential
Photos: 41
MLS#: X12973136
Area: OTTAWA

Features and systems

Parking

No Garage

Basement

None

Appliances

WasherRefrigeratorDishwasherStoveDryerMicrowaveHood FanWindow Coverings

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Foundation

Concrete

Lot

Balcony

Community

Pets Allowed With Restrictions

Utilities

Natural Gas Available

Fee includes

WaterInsurance

Negative cash flow ~$349/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-5.82%

Cap rate

3.70%

GRM

15.8

Break-even rent

$2,268

Financing

Down payment$72,000

Loan amount$287,999

Mortgage$1,459/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$165

Insurance$80

Maintenance$300

CapEx reserve$150

Vacancy loss$95

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 $1,459/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.