724A Chapman Mills Drive, Ottawa, Ontario, K2J3V2

For saleJust listed

Today

$350K

724A Chapman Mills Drive, Ottawa, Ontario, K2J3V2

2 bd3 ba1 pk1,100 ft²+$389/mo

#2602 1785 Frobisher Lane East, Ottawa, Ontario, K1G3T7

2 bd1 ba1 pk850 ft²+$762/mo

Listed by ROYAL LEPAGE PERFORMANCE REALTY

#1207 203 Catherine Street, Ottawa, Ontario, K2P1J5

For saleJust listed

Today

$758K

#1207 203 Catherine Street, Ottawa, Ontario, K2P1J5

2 bd2 ba1 pk1,300 ft²+$1300/mo

Listed by RE/MAX HALLMARK REALTY GROUP

#1505 20 Daly Avenue, Ottawa, Ontario, K1N0C6

For saleJust listed

Today

$780K

#1505 20 Daly Avenue, Ottawa, Ontario, K1N0C6

2 bd2 ba1 pk1,100 ft²+$1203/mo

Listed by RE/MAX HALLMARK REALTY GROUP

Investment analysis

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$489,000

Ottawa

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$489,000

For sale

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#1103 40 Nepean Street, Ottawa - Single Family for Sale

#1103 40 Nepean Street, Ottawa, Ontario, K2P0X5

2 beds2 baths0 parking950 ft²$680/mo condo feeListed 123 days ago

Overview

This 2-bedroom, 2-bathroom condo in Ottawa is for sale offering roughly 950 sq ft of space.

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Description

Welcome to stylish downtown living in the heart of Ottawa! This beautifully updated 2-bedroom, 2-bathroom condo offers the perfect blend of comfort, convenience and urban lifestyle. Featuring hardwood flooring throughout, an upgraded kitchen with modern finishes, in-suite laundry and a private balcony, this move-in-ready home is designed for easy everyday living. The spacious open-concept layout is ideal for both relaxing and entertaining, while the two well-appointed bedrooms and two full bathrooms provide flexibility for professionals, guests or those working from home. Step outside and enjoy one of Ottawa's most walkable locations. You're just minutes from Parliament Hill, the National Arts Centre, the Financial District, the LRT station, and an incredible selection of restaurants, cafés, shops and entertainment. Residents enjoy exceptional building amenities, including 24-hour concierge and security, an indoor pool, fitness centre, guest suite, party and conference rooms, plus a beautifully landscaped outdoor terrace complete with BBQs-perfect for gathering with family and friends. Whether you're looking for a vibrant place to call home or a low-maintenance lifestyle in the city's core, this condo offers outstanding value in an unbeatable location. Don't miss your opportunity to experience everything downtown Ottawa has to offer! (id:66096)

Property Details

MLS®: X13528466
Property Type: Single Family
Zoning: Residential Condo
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 0
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $680/mo
Fee Includes: Common Area Maintenance
Ownership: Condo/Strata
Property Tax: $4,929/yr
Listed: 123 days ago

Rooms

Main level

Living room: 7.18 x 3.98 meters
Kitchen: 7.18 x 3.98 meters
Primary Bedroom: 3.47 x 3.14 meters
Bedroom: 3.12 x 3.04 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, Oven, Dryer, Microwave, Hood Fan
Foundation: Concrete
Exterior: Concrete, Brick
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

123d

Ottawa listings, avg age

62d

Price / ft²

$515

List price

$489K

Haho

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Listed by ENGEL & VOLKERS OTTAWA · Christopher Lacharity

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K2P)

This home lists at $489,000, about 7.4× the local median household income of $66,500.

Carrying it typically needs a household income of about $95,519 (20% down, 25-yr amortization, stress-tested) — roughly 44% above the area median.

Median household income: $66,500
Population: 18,825
Median age: 34.4
Owner / renter: 19% / 81%
Avg. household size: 1.5

Source: Statistics Canada, 2021 Census (FSA K2P)

$489,000· $515/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,450

Min 5%50%

Mortgage payment$2,576/mo

↳ CMHC premium ($18,582 capitalized)

Property tax (est.)$411/mo

Condo fee$680/mo

Total monthly$3,666

Cash Needed to Close

Down payment (5%)$24,450

Land transfer tax$6,255

Est. closing costs$3,967

Total cash needed$34,672

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