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, upgraded, and full of character in the heart of West Centretown. Welcome to 40 Arthur Street #203 - this beautifully maintained condo offers an exceptional amount of space for downtown living, featuring 2 spacious bedrooms, 1.5 bathrooms, and modern updates throughout. Refinished parquet hardwood floors add warmth and timeless appeal, while large closets throughout provide excellent storage opportunities. The functional U-shaped kitchen boasts custom cabinetry, integrated pantry storage, Miele appliances, a built-in Liebherr refrigerator, Grohe faucet, and colourful Italian ceramic tile flooring. A convenient pass-through connects the kitchen to the living area - perfect for hosting and entertaining. The expansive living and dining area is filled with lots of natural light and offers a functional space for gatherings. A separate, window-surrounded den features tile flooring and a sliding glass door, creating a bright home office or studio. Both bedrooms are generously sized with large closets, and the primary bedroom features a custom accent wall. A full bathroom, as well as convenient powder room round out this condo. Residents at 40 Arthur Street enjoy an exercise room, sauna, library, and shared outdoor spaces. Ideally located steps from trendy Somerset Street restaurants, Chinatown, Little Italy, cafés, parks, bike paths and transit, with downtown offices and everyday amenities nearby. A rare opportunity to enjoy space, character, and thoughtful upgrades in one of Ottawa's most vibrant and walkable neighbourhoods!
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Age Groups
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Owners vs Renters
Ownership data is not available.
Household Type
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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.
Nearby everyday places are not available for this listing.
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$2,881/mo
Mortgage (principal + interest)$1,346
Property taxFrom listing: $3,721/yr$310
Condo feesFrom listing$1,225
Minimum $17,995 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$71,980
Ontario land transfer taxProvincial brackets, no first-time refund$3,874
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$78,654
First-time buyers can get up to $4,000 back on Ontario land transfer tax. West Centre Town 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.
