#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.

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

For saleJust listed

Today

$275K

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

1 ba250 ft²+$255/mo

Listed by REMAX BOARDWALK REALTY

#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

Investment analysis

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$299,000

Ottawa

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$299,000

For sale

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#1506 111 Champagne Avenue South, Ottawa - Single Family for Sale

#1506 111 Champagne Avenue South, Ottawa, Ontario, K1S5V3

1 bed1 bath1 parking$726/mo condo feeListed 125 days ago

Overview

This 1-bedroom, 1-bathroom condo in Ottawa is for sale. Listed at $299,000, it is attractively priced about 22% below the $384,900 median asking price in Ottawa.

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

Description

**PAYING OUT 3% Welcome to SoHo Champagne in the heart of Little Italy. Designed by Brian Gluckstein, this stylish condo offers a luxurious, hotel-inspired lifestyle with hardwood floors throughout, a spacious bedroom, in-suite laundry, 1 underground parking space, and a storage locker. Floor-to-ceiling windows fill the space with natural light, while the private balcony extends your living area outdoors. Enjoy premium amenities, including a fitness centre, theatre room, party room, and an outdoor terrace with a hot tub and BBQs. Ideally located steps to Preston Street, Carling Avenue, top restaurants, cafés, shops, transit, Dow's Lake, and more. Excellent investment opportunity: Currently rented month-to-month to an exceptional tenant at $2,175/month (utilities included). 623 sq. ft. total (582 sq. ft. interior + 41 sq. ft. balcony). (id:66096)

Property Details

MLS®: X13517512
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Condo Fee: $726/mo
Fee Includes: Common Area Maintenance, Water, Parking
Ownership: Condo/Strata
Property Tax: $4,339.14/yr
Listed: 125 days ago

Rooms

Main level

Kitchen: 1.8 x 0.68 meters
Living room: 6.8 x 3.89 meters
Primary Bedroom: 3.68 x 2.8 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
Exterior: Brick
Lot Features: Elevator, Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

125d

Ottawa listings, avg age

63d

List price

$299K

Haho

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Listed by ROYAL LEPAGE TEAM REALTY · Abigail Lindsay

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K1S)

This home lists at $299,000, about 2.8× the local median household income of $106,000.

Carrying it typically needs a household income of about $58,405 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $106,000
Population: 31,257
Median age: 39.2
Owner / renter: 51% / 49%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA K1S)

$299,000

For sale

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Full Cost Breakdown

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Down Payment5% · $14,950

Min 5%50%

Mortgage payment$1,575/mo

↳ CMHC premium ($11,362 capitalized)

Property tax (est.)$362/mo

Condo fee$726/mo

Total monthly$2,663

Cash Needed to Close

Down payment (5%)$14,950

Land transfer tax$2,960

Est. closing costs$3,397

Total cash needed$21,307

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