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Listed 5 months ago

612 - 530 De Mazenod Avenue

4407 - Ottawa East, Glebe - Ottawa East and Area

$564,900

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

Welcome to 530 De Mazenod, Unit 612, in sought-after The River Terraces at Greystone Village, one of Old Ottawa East's premier waterfront communities! Perfectly positioned between the Rideau Canal and Rideau River, and just steps to walking and biking paths, shops, public transit, restaurants, and everyday amenities, this location offers an exceptional lifestyle. This lightly lived-in unit showcases a modern, well-designed layout that balances style, comfort, and functionality. Upon entry, you're welcomed into a bright, contemporary space featuring hardwood flooring and quality finishes throughout. The kitchen is both sleek and practical, featuring white cabinetry, stainless steel appliances including a built-in gas range, granite countertops with a live edge, white subway tile backsplash and a large island with seating seamlessly open to the dining and living areas, filled with natural light from the patio doors leading to your private balcony complete with a natural gas BBQ. The bedroom is generously sized with a large closet and window, creating an airy retreat. The bathroom offers a vanity with ample storage and a tub/shower combination finished with clean white tile. Enjoy the added convenience of in-unit laundry, along with one underground parking space and a storage locker. Residents benefit from a great range of amenities, including a fitness centre, pet wash, car wash, lounge areas, party room, meeting room with kitchen, outdoor patio, billiards table, library, and yoga studio-extending your living space well beyond your unit. Surrounded by green space and scenic pathways along the Rideau River and Canal, this location blends nature with urban convenience. Immediate possession available!

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$439
LockerExclusive
BalconyEnclosed
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$4,003
mls© NumberX12975870
Listed ByROYAL LEPAGE INTEGRITY REALTY
Building Insurance Included
Common Elements 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%
$2,891
Property tax
$334
Heat allowance
$150
Condo fees, half counted
$219
Housing costs
$3,594 / mo

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

Down payment20% · $112,980
25-yr amortization

Income needed

$111,000

gross annual household income

Payment at 4%
$2,377 / mo
Cash down
$112,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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