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New5 days ago

1601 - 475 Laurier Avenue W

4101 - Ottawa Centre, Ottawa Centre

$309,900

Condo Apartment |
2 | 1 | 1 | 0
About this home

Welcome to 475 Laurier Avenue West, Unit 1601. This 2-bedroom, 1-bathroom condo sits on the 16th floor in the heart of downtown Ottawa. This meticulously maintained unit features hardwood floors throughout and a functional open-concept layout with real room for a dining table, full living area, and work-from-home setup. The private balcony looks out over east-facing city views. Both bedrooms are well sized, with the second flexible as either a guest room or home office depending on your needs. The unit is equipped with an in-suite washer/dryer hookup so you can add your own machine and skip the shared laundry room, and an underground parking spot helps you avoid the worst of winter. With unparalleled walkability, you're just steps from Parliament Hill, Lyon LRT station, LeBreton Flats, the Ottawa River pathways, and the restaurants and shops of downtown. This home is a great fit for first-time buyers, professionals, downsizers, or investors.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$977
LockerNone
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,542
mls© NumberX14030334
Listed ByREAL BROKER ONTARIO LTD.
Heat Included
Water Included
Common Elements Included
Parking 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%
$1,586
Property tax
$295
Heat allowance
$150
Condo fees, half counted
$489
Housing costs
$2,520 / mo

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

Down payment20% · $61,980
25-yr amortization

Income needed

$78,000

gross annual household income

Payment at 4%
$1,304 / mo
Cash down
$61,980

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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