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$299,900
Ottawa
#701 18 Nepean Street, Ottawa, Ontario, K2P2L2
This 1-bedroom, 1-bathroom condo in Ottawa is for sale offering roughly 950 sq ft of space. Listed at $299,900, it is attractively priced about 22% below the $384,900 median asking price in Ottawa. It has been on the market 56 days, fresher than the Ottawa average of 63 days.
Bright and spacious open-concept condo in an intimate boutique building with only 24 residences and 3 units per floor. This move-in-ready suite features a generous bedroom and bathroom, central air, convenient in-suite laundry, underground parking, and two private balconies. With its thoughtful layout and abundance of natural light, this is an ideal home for anyone looking to enjoy a comfortable urban lifestyle without compromising on space. Enjoy unbeatable convenience just steps from the Rideau Canal, Elgin Street, Farm Boy, LCBO, restaurants, cafés, shops, Parliament Hill, NAC, City Hall, ByWard Market, and Ottawa's vibrant cultural scene. A fantastic opportunity for first-time buyers, downsizers, investors, or anyone seeking spacious downtown living with an exceptional combination of location, lifestyle, and value. Recent updates include the removal of popcorn ceilings throughout the condo, a new kitchen countertop, sink, and faucet, as well as a newly renovated bathroom. (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: 56 days on market, against an average age of 63 days across the listings currently for sale in this city
This 1-bed single family in Ottawa has been listed for 56 days, which is 7 days fresher than the city average of 63. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $299,900, about 4.5× the local median household income of $66,500.
Carrying it typically needs a household income of about $58,581 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA K2P)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice