$489,900

For saleJust listed

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412 Velocity Mews, Ottawa - Single Family for Sale

412 Velocity Mews, Ottawa, Ontario, K2W0M6

2 beds2 baths2 parking ft²

675 Borthwick Avenue, Ottawa, Ontario, K1K2M1

4 bd2 ba5 pk1,750 ft²Lot size 60 × 88 ft (5,280 sq ft)

Listed by RE/MAX HALLMARK PILON GROUP REALTY

31 Orville Street, Ottawa, Ontario, K2S1M6

For saleJust listed

Today

$634K

31 Orville Street, Ottawa, Ontario, K2S1M6

4 bd3 ba5 pk1,300 ft²Lot size 66 × 150 ft (9,860 sq ft)

Listed by ROYAL LEPAGE TEAM REALTY

444 Parkdale Avenue, Ottawa, Ontario, K1Y1H1

For saleJust listed

Today

$975K

444 Parkdale Avenue, Ottawa, Ontario, K1Y1H1

4 bd3 ba4 pk1,750 ft²Lot size 50 × 104 ft (5,200 sq ft)

Listed by ROYAL LEPAGE TEAM REALTY

715 Bunchberry Way, Ottawa, Ontario, K1T0J8

For saleJust listed

Today

$860K

715 Bunchberry Way, Ottawa, Ontario, K1T0J8

4 bd3 ba4 pk2,750 ft²Lot size 38 × 105 ft (3,990 sq ft)

Listed by ENGEL & VOLKERS OTTAWA

Investment analysis

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$489,900

Ottawa

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20 × 45 ft (900 sq ft) lot size

Overview

This 2-bedroom, 2-bathroom home in Ottawa is for sale offering roughly 1,750 sq ft of space. Listed at $489,900, it is attractively priced about 35% below the $749,900 median asking price in Ottawa. It has been on the market 0 days, fresher than the Ottawa average of 62 days.

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Description

The perfect home for entertaining, the Cambridge has a spacious open concept Second Floor that is ideal for hosting friends and family in either the Dining area or in the Living space that is overflowing with an abundance of natural light. On the Third Floor, you have 2 bedrooms. All Avenue Townhomes feature a single car garage, 9' Ceilings on the Second Floor, and an exterior balcony on the Second Floor to provide you with a beautiful view of your new community. Brookline is the perfect pairing of peace of mind and progress. Offering a wealth of parks and pathways in a new, modern community neighbouring one of Canada's most progressive economic epicenters. The property's prime location provides easy access to schools, parks, shopping centers, and major transportation routes. June 8th 2027 occupancy. (id:66096)

Property Details

MLS®: X14146818
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,750 ft²
Lot Size: 20 × 45 ft (900 sq ft)
Frontage: 20 ft
Storeys: 3
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Listed: Today

Rooms

Second level

Living room: 5.94 x 3.02 meters
Dining room: 3.42 x 3.4 meters
Kitchen: 3.37 x 2.51 meters

Third level

Primary Bedroom: 5.3 x 3.22 meters
Bedroom 2: 4.27 x 2.79 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan
Foundation: Slab
Exterior: Brick, Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Ottawa listings, avg age

62d

Price / ft²

$280

List price

$490K

Haho

This 2-bed single family in Ottawa has been listed for 0 days, which is 62 days fresher than the city average of 62. Act while there is still low competition.

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Listed by ROYAL LEPAGE TEAM REALTY · Anthony Cava

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K2W)

This home lists at $489,900, about 3.1× the local median household income of $159,000.

Carrying it typically needs a household income of about $95,695 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $159,000
Population: 8,553
Median age: 39.6
Owner / renter: 90% / 10%
Avg. household size: 3.3

Source: Statistics Canada, 2021 Census (FSA K2W)

$489,900· $280/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,495

Min 5%50%

Mortgage payment$2,580/mo

↳ CMHC premium ($18,616 capitalized)

Est. property tax$0/mo

Total monthly$2,580

Cash Needed to Close

Down payment (5%)$24,495

Land transfer tax$6,273

Est. closing costs$3,970

Total cash needed$34,738

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice