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Listed 2 months ago

907 - 158A Mcarthur Avenue

3404 - Vanier, Vanier and Kingsview Park

$249,900

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

Investment property rented at $ 2000.00 @ month until September 30th 2027.Fantastic location with urban conveniences and a short walk to Rideau River and bike paths. Fully updated two bedroom unit with bright and sunny southwest exposure. Maintenance free laminate flooring and quality vinyl laminate flooring in kitchen and bathroom. Main bathroom has been beautifully renovated including tub surround. Kitchen has been fully renovated in 2026 including cupboard doors, Corian countertop with sink, backsplash and two new stainless steel appliances and flooring. Spacious west facing primary bedroom adjacent to second bedroom. Huge balcony offers breathtaking views of the City as far west as parliament buildings. Amenities include indoor pool, sauna, party/meeting room, bike storage, exercise room, library, on site management. Indoor access to convenience store as well as hair salon. Two grocery stores within one city block walking distance. Biking distance to Ottawa University as well as the downtown core Convenient on site management provided by Apollo Property Management.

Extras

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age51-99
Size700-799 sq. ft.
Maintenance Fees$675
LockerEnsuite
BalconyEnclosed
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,530
mls© NumberX13556268
Listed ByROYAL LEPAGE PERFORMANCE REALTY
Water Included
Common Elements Included
Building Insurance 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%
$1,279
Property tax
$211
Heat allowance
$150
Condo fees, half counted
$338
Housing costs
$1,977 / mo

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

Down payment20% · $49,980
25-yr amortization

Income needed

$61,000

gross annual household income

Payment at 4%
$1,052 / mo
Cash down
$49,980

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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