179 Metcalfe Street, Unit 5, Ottawa Centre, ON

$399,900
MLS#:X12071973
1 beds
1 baths
500-599 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on May 27, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 4102 - Ottawa Centre. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $399,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 500-599 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this bright and modern 1-bedroom, 1-bathroom condo at The Tribeca, offering exceptional value in the heart of downtown Ottawa - located just steps from Parliament Hill, Elgin Street, the Rideau Centre, Ottawa U, the Rideau Canal, LRT stations, and more! The unit features hardwood flooring, floor-to-ceiling west-facing windows, and a convenient open-concept layout ideal for professionals, investors, or first-time buyers. The sleek kitchen is equipped with stainless steel appliances and granite countertops, while the bathroom features a glass-enclosed shower and modern vanity. The primary bedroom includes a large walk-in closet, and space for a work or study area. Complete with in-unit laundry, an underground parking space (P4 #77), a full-sized storage locker (P4 #93), and a Farm Boy next door - this unit offers ultimate convenience. The building's amenities include an indoor pool, sauna, fitness centre, guest suites, rooftop terrace with BBQs, business lounge, and concierge services. The condo fees include heat, water, air conditioning, and building insurance - you only pay hydro! Unit 805 at 179 Metcalfe offers the ultimate downtown lifestyle, perfect for those seeking comfort, convenience, and connectivity in one of Ottawa's most desirable buildings.

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Property Summary

This condo apartment located at 179 Metcalfe Street, Ottawa Centre is currently for sale and has been available on SousaSells for 464 days. This property is listed at $399,900 with an estimated mortgage of $1,331* per month. It has 1 bed, 1 bathroom, and is 500-599 square feet. 179 Metcalfe Street, Ottawa Centre is in the 4102 - Ottawa Centre neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
500-599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMay 27, 2025
Sold price information is available to members only
Listed Date4/9/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyOttawa
Annual Tax$3,503

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Primary Bedroom - Main Floor

Security Features

Community Features

Location

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179 Metcalfe Street, Unit 5, Ottawa Centre, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 179 Metcalfe Street 805, Ottawa Centre, ON K2P 0W1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Ottawa Centre.

Configure Loan Settings

Interest Rate4.00%
Down Payment$119,970 (30.0%)
* Minimum Canadian down payment required for this price is $19,995.
Amortization Period30 Years
Estimated Monthly Payment$1,331Based on a loan of $279,930 over 30 years.
Purchase Price$399,900
Loan Amount$279,930
Provincial Land Transfer Tax:$4,474
Total Estimated Closing Taxes:$4,474

About Purchasing a Home in Ottawa Centre, ON

For a property listed at $399,900 in Ottawa Centre, the legal minimum down payment is $19,995 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,474 for this transaction. As this listing is in Ottawa Centre (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,474.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 4102 - Ottawa Centre, Ottawa Centre.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$525,010

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.