$227,000

For sale

#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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$227,000

Ottawa

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Description

Discover the perfect blend of comfort and convenience in this rarely offered 3-bedroom, 1.5-bathroom corner unit. Located on the 5th floor, this light-filled condo features an expansive open-concept living and dining area that flows seamlessly onto a large, private balcony, ideal for morning coffee or evening relaxation. The layout offers excellent separation of space with three generous bedrooms, including a primary suite with a convenient 2-piece ensuite. Residents enjoy all-inclusive condo fees (heat, hydro, and water) and access to resort-style amenities, including an indoor saltwater pool, sauna, fitness centre, tennis courts, and party room. Perfectly situated just minutes from the Blair LRT station, Gloucester Centre, and highly rated schools, this unit offers incredible value for first-time buyers, downsizers, or investors. Includes one underground parking spot and a storage locker. (id:66096)

Property Details

MLS®: X13753938
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Baseboard heaters, Electric
Cooling: Window air conditioner
Garage: Garage, Other
Condo Fee: $778/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance
Ownership: Condo/Strata
Property Tax: $1,830/yr
Listed: 57 days ago

Area context

Neighbourhood profile (K1J)

This home lists at $227,000, about 2.4× the local median household income of $94,000.

Carrying it typically needs a household income of about $44,341 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $94,000
Population: 28,268
Median age: 41.6
Owner / renter: 67% / 33%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA K1J)

$227,000· $239/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $11,350

Min 5%50%

Mortgage payment$1,196/mo

↳ CMHC premium ($8,626 capitalized)

Property tax (est.)$153/mo

Condo fee$778/mo

Total monthly$2,126

Cash Needed to Close

Down payment (5%)$11,350

Land transfer tax$1,995

Est. closing costs$3,181

Total cash needed$16,526

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

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#516 2000 Jasmine Crescent, Ottawa - Single Family for Sale

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