556 Laurier Avenue, Unit 5, Ottawa Centre, ON

$469,900
MLS#:X12085054
2 beds
2 baths
900-999 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on June 24, 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 4102 - Ottawa Centre. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $469,900 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
  • Generous living space spanning 900-999 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Water Heater Owned
  • equipped with central air central cooling and highly efficient baseboard heating via electric

Description

Welcome to this beautifully updated 2-bedroom, 2-bathroom condo located on the 11th floor in the heart of downtown Ottawa. This bright and spacious corner unit features a stunning open-concept layout with floor-to-ceiling windows that flood the space with natural light. The modern kitchen(fully renovated in 2021) includes stainless steel appliances, Granite countertops, and a large island. Step into the inviting living and dining areas that open to a private balcony with incredible city views, ideal for enjoying your morning coffee or evening unwind. The primary bedroom offers a serene retreat with its own 3-piece ensuite bathroom(2021) and mirrored closet. The second bedroom is well-sized, providing privacy and comfort for guests or family. Main 4pcs bathroom was refurbished in 2021. With updated flooring(2021) throughout and modern finishes, this condo is move-in ready. The unit also includes in-suite washer/dryer(2022), one underground parking space, and a storage locker. Just steps away from Rideau Centre, the LRT, Parliament Hill, and Ottawa U, this is urban living at its best!

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Property Summary

This condo apartment located at 556 Laurier Avenue, Ottawa Centre is currently for sale and has been available on SousaSells for 459 days. This property is listed at $469,900 with an estimated mortgage of $1,564* per month. It has 2 beds, 2 bathrooms, and is 900-999 square feet. 556 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
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJune 24, 2025
Sold price information is available to members only
Listed Date4/15/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyOttawa
Annual Tax$3,598.52

Parking & Garage

Parking Total1.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingCentral Air

Features

Property Features

Library, School, Public Transit, Park

Interior Features

Water Heater Owned

Security Features

Community Features

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Location

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556 Laurier Avenue, Unit 5, 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 556 Laurier Avenue W 1107, Ottawa Centre, ON K1R 7X2

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 Rate4.00%
Down Payment$140,970 (30.0%)
* Minimum Canadian down payment required for this price is $23,495.
Amortization Period30 Years
Estimated Monthly Payment$1,564Based on a loan of $328,930 over 30 years.
Purchase Price$469,900
Loan Amount$328,930
Provincial Land Transfer Tax:$5,873
Total Estimated Closing Taxes:$5,873

About Purchasing a Home in Ottawa Centre, ON

For a property listed at $469,900 in Ottawa Centre, the legal minimum down payment is $23,495 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 $5,873 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 $5,873.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 4102 - Ottawa Centre, Ottawa Centre.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$525,010

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.