The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Spacious 2 bedroom, 1 bathroom boutique-style condo offering 745 sq.ft. of living space is located in James House, one of Ottawa's newest & contemporary buildings in the heart of downtown. Modern & casual design & finishes in this loft-style unit include exposed concrete walls, warm toned wood flooring & brick screen detail on balcony. The kitchen provides great prep space w/ quartz countertops, island w/ breakfast bar & additional storage. Culinary enthusiasts will enjoy preparing meals in this elegant space w/ herringbone tile backsplash & camouflaged appliances that provide a clean, sleek look. Additional space off the kitchen allows for a bistro set or office nook. Floor to ceiling east-facing windows bring natural light to the living space w/ custom roller blinds installed for privacy. Both bedrooms offer good space & are located at opposite ends of the unit. The primary overlooks the balcony & includes blackout shades w/ direct access to the bathroom. The 2nd bedroom offers privacy & could double as a home office. Spacious bathroom gives chic hotel vibes w/ modern fixtures & a large tub. Generous balcony (89 sq.ft.) offers scenic city views & a stylish brick accent wall. The building offers impressive amenities that enhance your lifestyle, including a rooftop heated saltwater pool w/ lounging deck as well as a fitness room & yoga/pilates centre which overlook a tranquil outdoor garden. A shared lounge designed as an extension of your living space is ideal for hosting gatherings with family & friends. Just outside is a zen-like garden where you can enjoy the outdoors in a quiet space. Steps to boutiques, cafes, & trendy restaurants and easy access to public transit & government buildings, this unit is perfect for urban professionals, down-sizers, or anyone looking for a unique & chic living space. 1 underground parking spot included (#28). Heat, AC & water included in condo fees.
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,513/mo
Mortgage (principal + interest)$2,244
Property taxFrom listing: $5,888/yr$491
Condo feesFrom listing$778
Minimum $34,990 down for this price; the slider moves in whole percent, starting at 6%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$119,980
Ontario land transfer taxProvincial brackets, no first-time refund$8,473
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$131,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Ottawa Centre has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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