340 Queen Street Ottawa Street, Unit 502, Ottawa Centre, ON

$379,999
MLS#:X12526794
1 beds
1 baths
500-599 sqft
Residential Condo & Other
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Property no longer active

This property was sold on November 28, 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 4101 - Ottawa Centre. Expertly crafted featuring premium metal/steel siding and other construction, this residence presents an exceptional opportunity offered at $379,999 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
  • 0.0 total parking spaces available
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 340 Queen Street #502, a sleek and modern 1-bedroom, 1-bathroom condo that is perfect for professionals, investors, or those searching for the perfect downtown pied-a-terre! The Moon places you within walking distance of government offices, seasonal festivals, the Rideau Centre, and the ByWard Market and is conveniently seated right on top of the LRT station. Inside, an inviting open-concept layout is bathed in natural light, thanks to floor-to-ceiling windows that showcase stunning urban views. The modern kitchen features quartz countertops, stainless steel appliances, and a functional island, ideal for cooking and entertaining. The bedroom offers generous closet space and a charming corner window, while the spa-like bathroom boasts a step-in glass shower and high-end finishes that match the rest of the unit. Step outside onto your private balcony and take in the vibrant cityscape. This well-managed building offers exceptional amenities, including a boutique gym, indoor swimming pool, concierge service, residents lounge, and a rooftop terrace. Condo fees conveniently cover heat, common elements, and building insurance. Don't miss out on this incredible urban living experience!

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Property Summary

This condo apartment located at 340 Queen Street Ottawa Street, Ottawa Centre is currently for sale and has been available on SousaSells for 251 days. This property is listed at $379,999 with an estimated mortgage of $1,265* per month. It has 1 bed, 1 bathroom, and is 500-599 square feet. 340 Queen Street Ottawa Street, Ottawa Centre is in the 4101 - 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 DateNovember 28, 2025
Sold price information is available to members only
Listed Date11/9/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionMetal/Steel Siding, Other
BasementNone
CountyOttawa
Annual Tax$1,959.94

Parking & Garage

Parking Total0.0
Parking Space0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

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Location

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340 Queen Street Ottawa Street, Unit 502, 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 Queen Street Ottawa Street 502, Ottawa Centre, ON K1R 0G1

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$114,000 (30.0%)
* Minimum Canadian down payment required for this price is $19,000.
Amortization Period30 Years
Estimated Monthly Payment$1,265Based on a loan of $265,999 over 30 years.
Purchase Price$379,999
Loan Amount$265,999
Provincial Land Transfer Tax:$4,175
Total Estimated Closing Taxes:$4,175

About Purchasing a Home in Ottawa Centre, ON

For a property listed at $379,999 in Ottawa Centre, the legal minimum down payment is $19,000 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 $4,175 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 $4,175.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 4101 - Ottawa Centre, Ottawa Centre.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$540,734

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.