475 Laurier Avenue, Unit 306, Ottawa Centre, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 4101 - Ottawa Centre. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $244,900 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
- 0.0 total parking spaces available
- Notable attributes: Water Heater
- Efficient baseboard heating via electric
Description
This affordable 1-bedroom, 1-bathroom condo places you right in the heart of downtown Ottawa, just steps from Sparks Street, restaurants, shops, transit, and countless amenities. The smoke-free, well-maintained building provides a comfortable and inviting living environment. Inside, the kitchen offers ample counter space and storage, while the open-concept living and dining area leads directly to a private balcony, ideal for enjoying fresh air and city views. The updated full bathroom features a large vanity with plenty of storage. Whether you're an investor looking to take advantage of Ottawa's strong rental market or a buyer seeking an affordable downtown lifestyle, this condo presents an excellent opportunity for both steady cash flow and long-term value.
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Property Summary
This condo apartment located at 475 Laurier Avenue, Ottawa Centre is currently for sale and has been available on SousaSells for 324 days. This property is listed at $244,900 with an estimated mortgage of $815* per month. It has 1 bed, 1 bathroom, and is 500-599 square feet. 475 Laurier Avenue, 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
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 475 Laurier Avenue W 306, Ottawa Centre, ON K1R 7X1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Ottawa Centre, ON
For a property listed at $244,900 in Ottawa Centre, the legal minimum down payment is $12,245 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 $2,174 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 $2,174.
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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.