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Listed 10 days ago

516 - 411 Mackay Street

3302 - Lindenlea, New Edinburgh - Lindenlea

$440,000

Condo Apartment |
1 | 1 | 1 | 1
About this home

Sophisticated urban living in one of Ottawa's most desirable and evolving neighbourhoods. Ideally situated along the scenic Rideau River pathways, this gorgeous newer 1-bedroom, 1-bathroom condominium offers an exceptional blend of contemporary elegance, upscale amenities and an enviable walkable lifestyle. The thoughtfully designed unit features high ceilings, modern finishes, stylish hardware, 5-inch baseboards, Energy Star-rated appliances and elegant quartz countertops. Enjoy a southwest-facing balcony with beautiful sunset views, the perfect setting to unwind at the end of the day. Residents enjoy an impressive array of amenities, including a chic lobby, private dining room, inviting lounge with fireplace, fully equipped fitness centre, games room, beautifully landscaped outdoor terrace and rooftop terrace with fireplace and gas BBQ, as well as a furnished guest suite. One underground parking space and storage locker included. Steps to scenic riverfront walking and cycling paths, with easy access to the ByWard Market, University of Ottawa, Global Affairs Canada, the Ottawa River, cafés, restaurants and downtown attractions. An outstanding opportunity to enjoy refined condominium living in a vibrant, connected urban setting. Some photos have been virtually staged.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$401
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$4,191
mls© NumberX13882512
Listed ByENGEL & VOLKERS OTTAWA
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,252
Property tax
$349
Heat allowance
$150
Condo fees, half counted
$200
Housing costs
$2,952 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $88,000
25-yr amortization

Income needed

$91,000

gross annual household income

Payment at 4%
$1,852 / mo
Cash down
$88,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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