340 MCLEOD Street, Unit 8, Ottawa Centre, ON

$329,900
MLS#:X12859250
0 beds
1 baths
500-599 sqft
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 concrete and brick construction, this residence presents an exceptional opportunity offered at $329,900 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.

  • 0 Bedrooms and 1 Bathroom
  • Generous living space spanning 500-599 sqft
  • 0.0 total parking spaces available
  • Notable attributes: Other
  • equipped with other central cooling and highly efficient heat pump heating via other

Description

Rarely available Blue Palace model at The Hideaway, an architecturally distinctive residence by Urban Capital, offering an exceptional urban lifestyle in the heart of downtown Ottawa. Ideal for discerning professionals, sophisticated pied-à-terre buyers, or investors seeking a premium downtown address.This bright penthouse suite features a private terrace and thoughtfully designed interiors with contemporary, upscale finishes throughout. The elegant kitchen showcases European-style flat-panel cabinetry complemented by a striking stand-alone architectural fan hood, creating a sleek and modern aesthetic. The spa-inspired bathroom includes a fully tiled shower and tub combination, along with a custom integrated mirror and shelving for both style and functionality.Additional highlights include in-suite laundry, rich hardwood flooring, and ceramic tile accents, blending comfort with refined design. The unit also includes a dedicated storage locker.Residents enjoy an impressive collection of lifestyle amenities including a resort-style outdoor pool with cabanas, BBQ terrace, stylish party lounge with billiards, fully equipped fitness centre, and a private theatre room. The building offers secure FOB entry and surveillance, ensuring privacy and peace of mind.Perfectly positioned steps from Ottawa's finest restaurants, cafés, breweries, and boutique shops, with an easy walk along Bank Street to the downtown business district and Parliament Hill.A rare opportunity to own a sophisticated penthouse residence in one of downtown Ottawa's most desirable buildings.

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Key Features

0
Bathrooms
1
Kitchens
1
Living Area
500-599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date3/8/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete, Brick
BasementNone
CountyOttawa
Annual Tax$2,793

Parking & Garage

Parking Spaces0.0
Garage TypeNone

Heating & Cooling

Heat SourceOther
Heat TypeHeat Pump
CoolingOther

Features

Property Features

Rec./Commun.Centre, Public Transit, Park

Interior Features

Other

Security Features

Community Features

Location

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340 MCLEOD Street, Unit 8, 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 938, Ottawa Centre, ON K2P 1A9

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.

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Interest Rate5.25%
Down Payment$16,495 (5.0%)
* Minimum Canadian down payment required for this price is $16,495.
Amortization Period25 Years
Estimated Monthly Payment$1,868Based on a loan of $313,405 over 25 years.
Purchase Price$329,900
Loan Amount$313,405
Provincial Land Transfer Tax:$3,424
Total Estimated Closing Taxes:$3,424

About Purchasing a Home in Ottawa Centre, ON

For a property listed at $329,900 in Ottawa Centre, the legal minimum down payment is $16,495 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 $3,424 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 $3,424.

Nearby Listings

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$626,972

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.