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409 - 456 King Edward Avenue

4003 - Sandy Hill, Lower Town - Sandy Hill

$407,900

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

Condo in downtown Ottawa (Sandy Hill), this one bedroom + den w/ parking is waiting for you. In an unbeatable location, near the exciting downtown core and University of Ottawa, this low-rise complex (47 units/5 floors) offers great urban living. Relax in your landscaped courtyard or enjoy your common area roof top patio (w/ BBQ) and be amazed at the view of our Capital with its historical buildings and landmarks. This 739 sq. ft. condo is elegantly laid out - open concept with views from kitchen into living/dining room, and den which may be used as a home office, additional relaxing space or may be converted into a second bedroom by simply adding a double sliding barn door. Soundproofed and very quiet. This 4th floor condo features a south facing balcony and quality finishes like laminated hardwood floors, ceramic flooring, air conditioning, granite countertops and backsplash.

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$647
LockerOwned
BalconyEnclosed
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground, Reserved/Assigned
Property Tax$4,105
mls© NumberX12100439
Listed ByCOMFREE
Building Insurance Included
Water 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%
$2,088
Property tax
$342
Heat allowance
$150
Condo fees, half counted
$324
Housing costs
$2,904 / mo

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

Down payment20% · $81,580
25-yr amortization

Income needed

$89,000

gross annual household income

Payment at 4%
$1,717 / mo
Cash down
$81,580

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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