#219 844 Mikinak Road, Ottawa, Ontario, K1K4Z4

For saleJust listed

Today

$329K

#219 844 Mikinak Road, Ottawa, Ontario, K1K4Z4

2 bd1 ba1 pk950 ft²+$334/mo

Listed by HOME RUN REALTY INC.

#11 105 Lynn Valley Terrace, Ottawa, Ontario, K1W0L7

For saleJust listed

Today

$487K

#11 105 Lynn Valley Terrace, Ottawa, Ontario, K1W0L7

2 bd3 ba1 pk1,100 ft²+$315/mo

Listed by INNOVATION REALTY LTD.

130 Parkrose Private West, Ottawa, Ontario, K4A0N8

For saleJust listed

Today

$638K

130 Parkrose Private West, Ottawa, Ontario, K4A0N8

3 bd3 ba4 pk1,750 ft²+$139/mo

Listed by RE/MAX HALLMARK REALTY GROUP

#412 2020 Jasmine Crescent, Ottawa, Ontario, K1J8K5

For saleJust listed

Today

$200K

#412 2020 Jasmine Crescent, Ottawa, Ontario, K1J8K5

2 bd1 ba1 pk850 ft²+$678/mo

Listed by REMAX BOARDWALK REALTY

Investment analysis

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$274,900

Ottawa

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$274,900

For saleJust listed

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#112 255 Bay Street East, Ottawa - Single Family for Sale

#112 255 Bay Street East, Ottawa, Ontario, K1R0C5

0 beds1 bath0 parking250 ft²$255/mo condo feeListed Today

Overview

This 1-bathroom condo in Ottawa is for sale offering roughly 250 sq ft of space. Listed at $274,900, it is attractively priced about 29% below the $384,900 median asking price in Ottawa. It has been on the market 0 days, fresher than the Ottawa average of 63 days.

Condos for Sale in Ottawa →All real estate in Ottawa →

Description

Welcome to The Bowery at 255 Bay Street! This stylish studio condo offers modern downtown living with exceptional amenities and a large private terrace that extends the living space outdoors. The thoughtfully designed layout features a contemporary kitchen with sleek cabinetry, stainless steel appliances and ample workspace, an open-concept living area, full bathroom and convenient in-suite laundry.Enjoy an impressive selection of rooftop amenities, including an indoor pool, sauna, fully equipped fitness centre, party room and outdoor rooftop terrace, all complemented by views of downtown Ottawa.Ideally located in the heart of downtown, you're just steps from Lyon LRT Station, Parliament Hill, the business district, restaurants, cafés, shopping and everyday conveniences. An excellent opportunity for a first-time buyer, young professional, investor, student, executive or anyone seeking a convenient downtown pied-à-terre. The spacious terrace adds valuable outdoor living space and is ideal for morning coffee, entertaining or simply enjoying the city. (id:66096)

Property Details

MLS®: X14150768
Property Type: Single Family
Bedrooms: 0
Beds (above / below): 0 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 250 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Ventilation system
Garage: Garage, Underground
Condo Fee: $255/mo
Fee Includes: Common Area Maintenance, Water
Ownership: Condo/Strata
Property Tax: $2,568.08/yr
Listed: Today

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Exterior: Brick
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Ottawa listings, avg age

63d

Price / ft²

$1,102

List price

$275K

Haho

This single family in Ottawa has been listed for 0 days, which is 63 days fresher than the city average of 63. Act while there is still low competition.

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Listed by REMAX BOARDWALK REALTY · Cameron Gaudon

Location

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Nearby Places

Area context

Neighbourhood profile (K1R)

This home lists at $274,900, about 3.7× the local median household income of $74,000.

Carrying it typically needs a household income of about $53,698 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $74,000
Population: 20,343
Median age: 36
Owner / renter: 31% / 69%
Avg. household size: 1.7

Source: Statistics Canada, 2021 Census (FSA K1R)

$274,900· $1,102/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $13,745

Min 5%50%

Mortgage payment$1,448/mo

↳ CMHC premium ($10,446 capitalized)

Property tax (est.)$214/mo

Condo fee$255/mo

Total monthly$1,917

Cash Needed to Close

Down payment (5%)$13,745

Land transfer tax$2,599

Est. closing costs$3,325

Total cash needed$19,669

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