$550,000

For sale

#7 170 Cathcart Street, Ottawa - Single Family for Sale

#7 170 Cathcart Street, Ottawa, Ontario, K1N5B9

2 beds2 baths1 parking1,300 ft²15 × 73 ft (1,089 sq ft) lot sizeListed 32 days ago

Overview

This 2-bedroom, 2-bathroom home in Ottawa is for sale offering roughly 1,300 sq ft of space. Listed at $550,000, it is attractively priced about 27% below the $749,900 median asking price in Ottawa. It has been on the market 32 days, fresher than the Ottawa average of 63 days.

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Description

Welcome to this charming two-bedroom, two-bathroom home offering a fantastic combination of character, comfort, and an unbeatable location. The main level features soaring ceilings, beautiful exposed beams, and a skylight that fills the space with natural light. Durable vinyl flooring adds a modern touch while maintaining the home's inviting character. Upstairs, the spacious primary bedroom features double doors, a skylight, walk-in closet, a private ensuite bathroom, and a second great-sized bedroom. The second level is comfortably carpeted, creating a warm and cozy feel. Ideally situated close to all amenities and just a short walk from some of the city's most iconic destinations, including the Market, National Gallery, National Arts Centre, Rideau Centre, and Parliament Hill. Enjoy the convenience of downtown living with shopping, dining, entertainment, public transit, and everyday essentials. A rare opportunity to own a home in one of the city's most convenient locations! (id:66096)

Property Details

MLS®: X13862618
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,300 ft²
Lot Size: 15 × 73 ft (1,089 sq ft)
Frontage: 15 ft
Storeys: 2
Basement: None
Heating: Forced air, Natural gas
Garage: No Garage
Ownership: Freehold
Property Tax: $5,740/yr
Listed: 32 days ago

Rooms

Main level

Living room: 3.83 x 5.92 meters
Dining room: 1.94 x 4.45 meters
Kitchen: 1.94 x 4.45 meters
Utility room: 1.77 x 2.04 meters

Second level

Primary Bedroom: 3.88 x 4.18 meters
Primary Bedroom: 1.48 x 2 meters
Bedroom 2: 3.84 x 3.08 meters

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

Features

Appliances: Washer, Dishwasher, Stove, Dryer, Microwave
Foundation: Concrete, Slab
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

32d

Ottawa listings, avg age

63d

Price / ft²

$423

List price

$550K

Haho

This 2-bed single family in Ottawa has been listed for 32 days, which is 31 days fresher than the city average of 63. Act while there is still low competition.

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Listed by RE/MAX DELTA REALTY TEAM · Christine Hall

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K1N)

This home lists at $550,000, about 8.6× the local median household income of $64,000.

Carrying it typically needs a household income of about $107,434 (20% down, 25-yr amortization, stress-tested) — roughly 68% above the area median.

Median household income: $64,000
Population: 26,639
Median age: 34
Owner / renter: 24% / 76%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA K1N)

$550,000· $423/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $30,000

Min 5.45%50%

Mortgage payment$2,883/mo

↳ CMHC premium ($20,800 capitalized)

Property tax (est.)$478/mo

Total monthly$3,361

Cash Needed to Close

Down payment (5.45%)$30,000

Land transfer tax$7,475

Est. closing costs$4,150

Total cash needed$41,625

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