$1,250,000

For sale

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#G206 700 Sussex Drive, Ottawa - Single Family for Sale

#G206 700 Sussex Drive, Ottawa, Ontario, K1N1K4

2 beds3 baths2 parking ft²

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2 bd1 ba1 pk950 ft²+$334/mo

Listed by HOME RUN REALTY INC.

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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

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$1,250,000

Ottawa

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$1,745/mo condo fee

Overview

This 2-bedroom, 3-bathroom condo in Ottawa is for sale offering roughly 1,900 sq ft of space. It has been on the market 48 days, fresher than the Ottawa average of 63 days.

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

Description

The search is over - chic urban living is neatly achieved in Ottawa's most prestigious address - 700 Sussex. Next to Parliament, the Château Laurier, the city's business centre, major social and cultural attractions. Walk or bike to work, parking and storage encourage weekend getaways or adventures in nearby Gatineau Park. Five-star amenities - concierge, fitness centre, stunning terrace. Natural light throughout. High-end finishes: hardwood, granite impress. Smart layout with beautifully proportioned social spaces and independent rooms. Unmatched location, impeccably maintained, well-managed building, move-in ready. There is no place like it - see it today! (id:66096)

Property Details

MLS®: X13796448
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Interior Size: 1,900 ft²
Basement: None
Heating: Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Condo Fee: $1,745/mo
Fee Includes: Common Area Maintenance, Water, Insurance
Ownership: Condo/Strata
Property Tax: $8,199.55/yr
Listed: 48 days ago

Rooms

Main level

Great room: 8.02 x 6.93 meters
Kitchen: 6.75 x 2.76 meters
Primary Bedroom: 4.9 x 4.06 meters
Bedroom: 4.9 x 4.06 meters
Den: 3.27 x 2.54 meters
Laundry room

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, Window Coverings
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

48d

Ottawa listings, avg age

63d

Price / ft²

$658

List price

$1.25M

Haho

This 2-bed single family in Ottawa has been listed for 48 days, which is 15 days fresher than the city average of 63. Act while there is still low competition.

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Listed by ROYAL LEPAGE TEAM REALTY · Charles Sezlik

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K1N)

This home lists at $1,250,000, about 19.5× the local median household income of $64,000.

Carrying it typically needs a household income of about $244,169 (20% down, 25-yr amortization, stress-tested) — roughly 282% 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)

$1,250,000· $658/ft²

For sale

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Full Cost Breakdown

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Down Payment8% · $100,000

Min 8%50%

Mortgage payment$6,376/mo

↳ CMHC premium ($46,000 capitalized)

Property tax (est.)$683/mo

Condo fee$1,745/mo

Total monthly$8,804

Cash Needed to Close

Down payment (8%)$100,000

Land transfer tax$21,475

Est. closing costs$6,250

Total cash needed$127,725

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