340 Mcleod Street, Unit 19, Ottawa Centre, ON

$530,000
MLS#:X12076030
2 beds
1 baths
600-699 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 4103 - Ottawa Centre. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $530,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 600-699 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Storage
  • equipped with central air central cooling and highly efficient heat pump heating via gas

Description

Wow! Ottawa buyers, take note: we have a stunning condo available in one of the hottest locations at 340 McLeod Street. This beautifully appointed luxury condo features loft-style architectural details, unbelievable natural light, high ceilings, and a large west-facing 100-square-foot terrace. It also includes a premium parking space and a locker for valuables. This unit is part of the third phase of Central, known as Hideaway. It is a resort-inspired boutique property nestled on quiet McLeod Street, just steps from Bank Street. The Hideaway's amenities include a movie theater, a well-appointed gym, an outdoor green space, a Caribbean-style pool surrounded by private cabanas, and a hardscaped, fully furnished lounge and dining area separated from the pool by a large stone fireplace. The location is highly walkable, with easy access to shops, food, restaurants, transit, and vibrant neighborhoods like the Glebe, Elgin, Little Italy, and the downtown core. This property represents a premium location within the building and offers a substantial lifestyle upgrade for those seeking a central, friendly, and secure address. Parking space P2-165, Locker P2-167.

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Property Summary

This condo apartment located at 340 Mcleod Street, Ottawa Centre is currently for sale and has been available on SousaSells for 463 days. This property is listed at $530,000 with an estimated mortgage of $1,764* per month. It has 2 beds, 1 bathroom, and is 600-699 square feet. 340 Mcleod Street, Ottawa Centre is in the 4103 - Ottawa Centre neighborhood.

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

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMay 10, 2025
Sold price information is available to members only
Listed Date4/9/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyOttawa
Annual Tax$3,677.93

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

Interior Features

Storage

Security Features

Community Features

Virtual Tours

Location

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340 Mcleod Street, Unit 19, 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 340 Mcleod Street 549, Ottawa Centre, ON K2P 1A4

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$159,000 (30.0%)
* Minimum Canadian down payment required for this price is $28,000.
Amortization Period30 Years
Estimated Monthly Payment$1,764Based on a loan of $371,000 over 30 years.
Purchase Price$530,000
Loan Amount$371,000
Provincial Land Transfer Tax:$7,075
Total Estimated Closing Taxes:$7,075

About Purchasing a Home in Ottawa Centre, ON

For a property listed at $530,000 in Ottawa Centre, the legal minimum down payment is $28,000 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 $7,075 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 $7,075.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 4103 - Ottawa Centre, Ottawa Centre.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$706,078

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.