



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.
Enter the monthly rent you expect, or adjust our estimate.
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.
$389,900
Ottawa
#8 562 Lakeridge Drive, Ottawa, Ontario, K4A0H4
This 2-bedroom, 3-bathroom condo in Ottawa is for sale offering roughly 1,300 sq ft of space. Its $389,900 asking price sits right in line with the $384,900 median in Ottawa. It has been on the market 29 days, fresher than the Ottawa average of 63 days.
Welcome to this beautifully maintained lower-unit terrace home, offering a functional layout, generous living space, and a fantastic location overlooking the neighbourhood park. The bright main level features an open-concept living and dining area with plenty of room to entertain, along with direct access to the private deck and patio-perfect for summer BBQs or relaxing outdoors. The kitchen offers ample cabinetry and counter space, a convenient breakfast bar, and a separate eating area with views of the park. A powder room completes the main level. Downstairs, you'll find two spacious bedrooms, each with its own private 4-piece ensuite, making this layout ideal for first-time buyers, roommates, guests, or those looking for a dedicated home office. The lower level also includes convenient in-unit laundry, a utility room, and additional storage space. Set on a quiet street with a park right in the centre of the community, this move-in-ready home combines comfortable living with a welcoming neighbourhood setting. An excellent opportunity for first-time buyers, downsizers, or investors looking for a low-maintenance property with a versatile floor plan and great outdoor space. One parking spot included, with tons of visitors parking available. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 29 days on market, against an average age of 63 days across the listings currently for sale in this city
This 2-bed single family in Ottawa has been listed for 29 days, which is 34 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 $389,900, about 3.0× the local median household income of $128,000.
Carrying it typically needs a household income of about $76,161 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA K4A)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice