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.
Discover the perfect balance of vibrant city living and tranquil surroundings in this exceptional residence overlooking the Rideau Canal. Enjoy your morning coffee or breakfast as you take in the ever-changing scenery, walkers, cyclists, runners, boats and, in winter, skaters, all set against a beautiful backdrop in every season. There is always something to see and a sense of calm to enjoy. Ideally situated in Ottawa's coveted Golden Triangle, bordered by the Rideau Canal and just steps from the boutiques, cafés and restaurants of Elgin Street, as well as City Hall, the Courthouse and National Arts Centre, this sought-after location offers the very best of urban living. Set within a self-managed, eight-unit low-rise condominium, with just two apartments per floor. Access is convenient by elevator or via a beautifully lit, generously proportioned stairwell. Impressive 1,590 square feet of living space, extensively renovated in 2018. Warm, inviting principal rooms feature hardwood floors, crown moulding and a wood-burning fireplace, creating an atmosphere that feels like home. The thoughtfully renovated kitchen and two bathrooms complement the spacious layout, while excellent closet space throughout adds everyday practicality. The in-suite stacked washer and dryer were replaced in 2023. The generous primary suite features two walls of closets and an impressively spacious ensuite bathroom with a custom oversized shower. Additional conveniences include L-shaped balcony, underground parking, a dedicated storage locker and the potential to install EV charging. Residents also enjoy a common backyard barbecue area-perfect for relaxed summer gatherings. Enjoy all the benefits of condominium living without compromising on space, privacy, or comfort. A rare find! Status Certificate available. 2 business day irrevocable on offers.
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What’s NearbyDistances approximate
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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$4,713/mo
Mortgage (principal + interest)$3,180
Property taxFrom listing: $6,939/yr$578
Condo feesFrom listing$955
Minimum $60,000 down for this price; the slider moves in whole percent, starting at 8%. 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$170,000
Ontario land transfer taxProvincial brackets, no first-time refund$13,475
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$186,275
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.
