$279,900
Ottawa
#404 B 2044 Arrowsmith Drive, Ottawa, Ontario, K1J7V8
This 3-bedroom, 1-bathroom condo in Ottawa is for sale offering roughly 850 sq ft of space. Listed at $279,900, it is attractively priced about 27% below the $384,900 median asking price in Ottawa.
ATTENTION INVESTORS! RENOVATED 3-BEDROOM CONDO WITH VTB FINANCING! Welcome to Unit 404B at 2044 Arrowsmith Drive, a beautifully updated 3-bedroom condo offering an excellent investment opportunity in Ottawa's east end. Currently tenant-occupied at $2,450/month, all-inclusive. Seller will not provide vacant possession; property is being sold as an investment. Seller is prepared to provide a 15% Vendor Take Back (VTB) mortgage, with the Buyer contributing not less than 10% of the purchase price, subject to mutually acceptable terms and Seller approval. Located on the 4th floor, the unit includes parking space #219, same-floor storage locker #404B, secure building access, outdoor pool, dry sauna, guest parking and card-operated laundry. Extensive renovations include new flooring and paint, updated switches, outlets and copper pigtails, LED lighting, new baseboard heaters and thermostats, plus a redesigned kitchen featuring soft-close cabinetry, quartz countertops, updated sink and fixtures, corner swing-out shelving and glass tile backsplash. The refreshed bathroom features updated tile, vanity and toilet, while the spacious primary bedroom offers a walk-in closet. Conveniently located near shopping, Costco, restaurants, schools, parks, Blair LRT and Hwy 417, with easy access to downtown Ottawa. Renovated, income-producing and available with attractive Seller financing - a great opportunity to add to your investment portfolio. VTB subject to Seller approval and mutually acceptable terms. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 159 days on market, against an average age of 63 days across the listings currently for sale in this city
This 3-bed single family in Ottawa is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $279,900, about 3.0× the local median household income of $94,000.
Carrying it typically needs a household income of about $54,674 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA K1J)
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