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New1 day ago

301 - 5 Frank Street

4104 - Ottawa Centre/Golden Triangle, Ottawa Centre

$850,000

Condo Apartment |
3 | 2 | 1 | 1
About this home

Discover the perfect balance of vibrant city living and tranquil surroundings in this exceptional residence overlooking the Rideau Canal. Enjoy your morning coffee or breakfast as you take in the ever-changing scenery, walkers, cyclists, runners, boats and, in winter, skaters, all set against a beautiful backdrop in every season. There is always something to see and a sense of calm to enjoy. Ideally situated in Ottawa's coveted Golden Triangle, bordered by the Rideau Canal and just steps from the boutiques, cafés and restaurants of Elgin Street, as well as City Hall, the Courthouse and National Arts Centre, this sought-after location offers the very best of urban living. Set within a self-managed, eight-unit low-rise condominium, with just two apartments per floor. Access is convenient by elevator or via a beautifully lit, generously proportioned stairwell. Impressive 1,590 square feet of living space, extensively renovated in 2018. Warm, inviting principal rooms feature hardwood floors, crown moulding and a wood-burning fireplace, creating an atmosphere that feels like home. The thoughtfully renovated kitchen and two bathrooms complement the spacious layout, while excellent closet space throughout adds everyday practicality. The in-suite stacked washer and dryer were replaced in 2023. The generous primary suite features two walls of closets and an impressively spacious ensuite bathroom with a custom oversized shower. Additional conveniences include L-shaped balcony, underground parking, a dedicated storage locker and the potential to install EV charging. Residents also enjoy a common backyard barbecue area-perfect for relaxed summer gatherings. Enjoy all the benefits of condominium living without compromising on space, privacy, or comfort. A rare find! Status Certificate available. 2 business day irrevocable on offers.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age31-50
Size1400-1599 sq. ft.
Maintenance Fees$955
LockerExclusive
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$6,939
mls© NumberX14090998
Listed ByFAULKNER REAL ESTATE LTD.
Water Included
Building Insurance Included
Common Elements Included

Listing History

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  • 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%
$4,351
Property tax
$578
Heat allowance
$150
Condo fees, half counted
$478
Housing costs
$5,556 / mo

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

Down payment20% · $170,000
25-yr amortization

Income needed

$171,000

gross annual household income

Payment at 4%
$3,577 / mo
Cash down
$170,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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