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.
Welcome to Unit 641 at 340 McLeod Street, a thoughtfully designed bachelor condo located in the highly sought-after "Hideaway" building in the heart of Ottawa's vibrant Centretown. This sophisticated studio unit is designed with an open-concept living space that blends modern industrial aesthetics with everyday utility. The interior features high ceilings, floor-to-ceiling windows that flood the unit with natural light, sleek quartz countertops, premium stainless steel appliances, practical in-suite laundry, and a full 1-bathroom. Step outside onto your private balcony to enjoy your morning coffee. Living in this premium mid-rise property gives you exclusive access to spectacular resort-style building amenities, including a heated outdoor saltwater pool complete with private cabanas and a BBQ terrace, a fully equipped fitness centre, a private movie theatre room, a stylish party room with a pool table, and executive concierge services. With heat and water conveniently covered in your condo fees, this turnkey property offers an unbeatable modern lifestyle just steps from Bank Street, Elgin Street, local cafes, the Canadian Museum of Nature, and central transit hubs.
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Age Groups
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Owners vs Renters
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What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
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Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
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$1,619/mo
Mortgage (principal + interest)$1,066
Property taxFrom listing: $2,805/yr$234
Condo feesFrom listing$319
Minimum $14,245 down for this price; the slider moves in whole percent, starting at 5%. 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$56,980
Ontario land transfer taxProvincial brackets, no first-time refund$2,749
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$62,529
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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
