500 LAURIER Avenue, Ottawa Centre, ON

$449,900
MLS#:X9436193
2 beds
2 baths
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 4102 - Ottawa Centre. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $449,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Thoughtfully designed floor plan offering excellent spatial utility and privacy
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient underground configuration
  • equipped with other central cooling and highly efficient heat pump heating via electric

Description

Flooring: Tile, Flooring: Marble, A Centretown gem, completely renovated! From two 18ft balconies, check out the views in this north facing unit of the Ottawa River, LeBreton Flats, Gatineau Hills, Canadian War Museum. This large 2-bed, 2-bath condo boasts modern flourishes including gleaming maple hardwood floors with sound proofing sub floor, maple kitchen cabinetry with granite countertops & glass tile backsplash, in-unit laundry, and plenty of storage. You’ll find affordability and value in this spacious condo, in addition to its functional open concept layout, view and accoutrements, with indoor premium parking, 24 hour on-site security, a live-in superintendent, and fantastic amenities including spacious and modern party room, indoor salt water pool, hot tub and saunas, newly renovated terrace and common area, billiard room, seven affordable guest suites, fitness facilities, workshop and more. Short walk to Chinatown, Little Italy, Lyon LRT station, shopping, bike paths and the new Central Library Branch., Flooring: Hardwood

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Property Summary

This condo apartment located at 500 LAURIER Avenue, Ottawa Centre is currently for sale and has been available on SousaSells for 772 days. This property is listed at $449,900 with an estimated mortgage of $1,498* per month. It has 2 beds, 2 bathrooms, and is unknown square feet. 500 LAURIER Avenue, 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
2
Bathrooms
2
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJune 12, 2024
Sold price information is available to members only
Listed Date5/31/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementUnfinished
CountyOttawa
Annual Tax$3,069
Legal DescriptionUNIT 6, LEVEL 17, CARLETON CONDOMINIUM PLAN NO. 95

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeHeat Pump
CoolingOther

Features

Property Features

Rec./Commun.Centre, Public Transit

Interior Features

Security Features

Community Features

Location

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500 LAURIER Avenue, 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 500 LAURIER Avenue W 1806, Ottawa Centre, ON K1R 5E1

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$134,970 (30.0%)
* Minimum Canadian down payment required for this price is $22,495.
Amortization Period30 Years
Estimated Monthly Payment$1,498Based on a loan of $314,930 over 30 years.
Purchase Price$449,900
Loan Amount$314,930
Provincial Land Transfer Tax:$5,473
Total Estimated Closing Taxes:$5,473

About Purchasing a Home in Ottawa Centre, ON

For a property listed at $449,900 in Ottawa Centre, the legal minimum down payment is $22,495 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 $5,473 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 $5,473.

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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$626,881

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.