#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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$309,900

Ottawa

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$309,900

For sale

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#1601 475 Laurier Avenue West, Ottawa - Single Family for Sale

#1601 475 Laurier Avenue West, Ottawa, Ontario, K1R7X1

2 beds1 bath1 parking950 ft²$977/mo condo feeListed 22 days ago

Overview

This 2-bedroom, 1-bathroom condo in Ottawa is for sale offering roughly 950 sq ft of space. Listed at $309,900, it is attractively priced about 19% below the $384,900 median asking price in Ottawa. It has been on the market 22 days, fresher than the Ottawa average of 63 days.

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

Description

Welcome to 475 Laurier Avenue West, Unit 1601. This 2-bedroom, 1-bathroom condo sits on the 16th floor in the heart of downtown Ottawa. This meticulously maintained unit features hardwood floors throughout and a functional open-concept layout with real room for a dining table, full living area, and work-from-home setup. The private balcony looks out over east-facing city views. Both bedrooms are well sized, with the second flexible as either a guest room or home office depending on your needs. The unit is equipped with an in-suite washer/dryer hookup so you can add your own machine and skip the shared laundry room, and an underground parking spot helps you avoid the worst of winter. With unparalleled walkability, you're just steps from Parliament Hill, Lyon LRT station, LeBreton Flats, the Ottawa River pathways, and the restaurants and shops of downtown. This home is a great fit for first-time buyers, professionals, downsizers, or investors. (id:66096)

Property Details

MLS®: X14030334
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Baseboard heaters, Electric
Cooling: None
Garage: Garage, Underground
Condo Fee: $977/mo
Fee Includes: Common Area Maintenance, Heat, Water, Parking
Ownership: Condo/Strata
Property Tax: $3,542.47/yr
Listed: 22 days ago

Rooms

Main level

Primary Bedroom: 4.22 x 2.95 meters
Bedroom: 3.21 x 2.95 meters
Kitchen: 2.71 x 2.28 meters
Living room: 5.32 x 4.23 meters
Dining room: 3.25 x 2.1 meters
Bathroom: 2.4 x 2.3 meters
Utility room: 2.3 x 2.19 meters
Foyer: 3.21 x 1.13 meters

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

Features

Appliances: Refrigerator, Dishwasher, Stove, Hood Fan
Exterior: Brick
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

22d

Ottawa listings, avg age

63d

Price / ft²

$326

List price

$310K

Haho

This 2-bed single family in Ottawa has been listed for 22 days, which is 41 days fresher than the city average of 63. Act while there is still low competition.

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Listed by REAL BROKER ONTARIO LTD. · Tim Connolly

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K1R)

This home lists at $309,900, about 4.2× the local median household income of $74,000.

Carrying it typically needs a household income of about $60,534 (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)

$309,900· $326/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $15,495

Min 5%50%

Mortgage payment$1,632/mo

↳ CMHC premium ($11,776 capitalized)

Property tax (est.)$295/mo

Condo fee$977/mo

Total monthly$2,905

Cash Needed to Close

Down payment (5%)$15,495

Land transfer tax$3,124

Est. closing costs$3,430

Total cash needed$22,049

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