724A Chapman Mills Drive, Ottawa, Ontario, K2J3V2

For saleJust listed

Today

$350K

724A Chapman Mills Drive, Ottawa, Ontario, K2J3V2

2 bd3 ba1 pk1,100 ft²+$389/mo

#2602 1785 Frobisher Lane East, Ottawa, Ontario, K1G3T7

2 bd1 ba1 pk850 ft²+$762/mo

Listed by ROYAL LEPAGE PERFORMANCE REALTY

#1207 203 Catherine Street, Ottawa, Ontario, K2P1J5

For saleJust listed

Today

$758K

#1207 203 Catherine Street, Ottawa, Ontario, K2P1J5

2 bd2 ba1 pk1,300 ft²+$1300/mo

Listed by RE/MAX HALLMARK REALTY GROUP

#1505 20 Daly Avenue, Ottawa, Ontario, K1N0C6

For saleJust listed

Today

$780K

#1505 20 Daly Avenue, Ottawa, Ontario, K1N0C6

2 bd2 ba1 pk1,100 ft²+$1203/mo

Listed by RE/MAX HALLMARK REALTY GROUP

Investment analysis

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$449,880

Ottawa

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$449,880

$459,880For salePrice drop↓ $10,000 (2%)

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#706 255 BAY Street, Ottawa - Single Family for Sale

#706 255 BAY Street, Ottawa, Ontario, K1R0C5

1 bed1 bath1 parking650 ft²$488/mo condo feeListed 38 days ago

Overview

This 1-bedroom, 1-bathroom condo in Ottawa is for sale offering roughly 650 sq ft of space. It has been on the market 38 days, fresher than the Ottawa average of 62 days.

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

Description

Urban living at its best in the heart of Centretown! Welcome to Unit 706 at The Bowery, a stylish 1 bedroom + den condo offering underground parking, a storage locker, excellent building amenities and great downtown views. This bright open concept layout features floor to ceiling windows, a spacious living and dining area with built in shelves and a versatile den that works perfectly as a home office. The modern kitchen offers sleek European style appliances, quartz countertops, contemporary cabinetry and a large breakfast bar perfect for having friends or family over. The bedroom is filled with natural light and includes a large closet and custom roller shades while the bathroom features a soaker tub and modern finishes. Step outside to your private enclosed balcony and enjoy views of the downtown core. The Bowery offers outstanding amenities on the top floor including an indoor pool with very large terrace, fitness centre, sauna, party room, guest suites, rooftop terrace with BBQs and visitor parking. Located just steps from restaurants, cafés, shopping, transit, parks and everything downtown Ottawa has to offer. A fantastic opportunity for first time buyers, professionals, downsizers or investors looking for modern downtown living. (id:66096)

Property Details

MLS®: X13837096
Property Type: Single Family
Zoning: Residential
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None, None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, No Garage, Inside Entry
Pool: Yes
Condo Fee: $488/mo
Fee Includes: Heat, Water
Ownership: Condo/Strata
Property Tax: $4,639.35/yr

Rooms

Main level

Living room: 5.38 x 3.22 meters
Kitchen: 2.74 x 2.46 meters
Primary Bedroom: 3.12 x 2.74 meters
Bathroom: 2.89 x 1.52 meters
Foyer: 1.37 x 1.09 meters
Den: 2.71 x 2.33 meters
Other: 2.89 x 1.7 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan
Exterior: Steel, Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

38d

Ottawa listings, avg age

62d

Price / ft²

$693

List price

$450K

Haho

This 1-bed single family in Ottawa has been listed for 38 days, which is 24 days fresher than the city average of 62. Act while there is still low competition.

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Listed by ROYAL LEPAGE INTEGRITY REALTY · Sorin Vaduva

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K1R)

This home lists at $449,880, about 6.1× the local median household income of $74,000.

Carrying it typically needs a household income of about $87,877 (20% down, 25-yr amortization, stress-tested) — roughly 19% above 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)

$449,880· $693/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,494

Min 5%50%

Mortgage payment$2,370/mo

↳ CMHC premium ($17,095 capitalized)

Property tax (est.)$387/mo

Condo fee$488/mo

Total monthly$3,244

Cash Needed to Close

Down payment (5%)$22,494

Land transfer tax$5,473

Est. closing costs$3,850

Total cash needed$31,817

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