#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

Rental cashflow calculator

Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.

Estimated monthly rent

Enter the monthly rent you expect, or adjust our estimate.

Down payment (%)

Rate (%)

Amortization (yrs)

Property tax (/ yr)

Condo fee (/ mo)

Insurance (est. / mo)

Maint. + vacancy (est. / mo)

Enter an estimated monthly rent to see the cashflow.

Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.

$249,900

Ottawa

Book a showing

$249,900

For sale

Book a showing

#606 475 Laurier Avenue West, Ottawa - Single Family for Sale

#606 475 Laurier Avenue West, Ottawa, Ontario, K1R7X1

1 bed1 bath0 parking550 ft²$586/mo condo feeListed 18 days ago

Overview

This 1-bedroom, 1-bathroom condo in Ottawa is for sale offering roughly 550 sq ft of space. Listed at $249,900, it is attractively priced about 35% below the $384,900 median asking price in Ottawa. It has been on the market 18 days, fresher than the Ottawa average of 63 days.

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

Description

First-time home buyers or investors, this one is for you! Welcome to unit 606-475 Laurier, an affordable 1-bedroom condo offering an incredibly convenient location in the heart of Centretown. Just a 2 Minute Walk to Anytime Fitness, 450M to Lyon Station (LRT), and Steps to the Financial District, Elgin Street, Bank Street, Lebreton Flats and Parliament Hill. This 1 bedroom, 1 bathroom features hardwood flooring throughout with 524 sq.ft of interior living space. With a generous sized living and dining area, a large bedroom, and a kitchen with plenty of counter space and cabinetry. Enjoy your morning coffee, or hosting in the evening on your oversized balcony overlooking Laurier Avenue. Well maintained and move-in ready. Whether you're an investor looking to take advantage of Ottawa's strong rental market or a buyer seeking an affordable downtown lifestyle, this condo presents an excellent opportunity for both steady cash flow and long-term value. (id:66096)

Property Details

MLS®: X14090246
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Baseboard heaters, Electric
Cooling: None
Garage: No Garage
Condo Fee: $586/mo
Fee Includes: Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,162.65/yr
Listed: 18 days ago

Rooms

Main level

Bedroom: 3.04 x 4.34 meters
Kitchen: 2.64 x 3.42 meters
Living room: 3.22 x 3.45 meters
Bathroom: 1.42 x 2.26 meters

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

Features

Appliances: Refrigerator, Stove, Hood Fan, Window Coverings
Foundation: Concrete
Exterior: Brick
Lot Features: Elevator, Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

18d

Ottawa listings, avg age

63d

Price / ft²

$455

List price

$250K

Haho

This 1-bed single family in Ottawa has been listed for 18 days, which is 45 days fresher than the city average of 63. Act while there is still low competition.

Set a price alert Book a showing

Listed by ENGEL & VOLKERS OTTAWA · Kacey Leeks

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K1R)

This home lists at $249,900, about 3.4× the local median household income of $74,000.

Carrying it typically needs a household income of about $48,814 (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)

$249,900· $455/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $12,495

Min 5%50%

Mortgage payment$1,316/mo

↳ CMHC premium ($9,496 capitalized)

Property tax (est.)$180/mo

Condo fee$586/mo

Total monthly$2,082

Cash Needed to Close

Down payment (5%)$12,495

Land transfer tax$2,224

Est. closing costs$3,250

Total cash needed$17,969

Get Pre-Approved · Free & Fast

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