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Listed 2 months ago

517 - 560 Rideau Street

4003 - Sandy Hill, Lower Town - Sandy Hill

$429,000

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

Great unit, great building, great location with transit at your door! Convenient living awaits at The Charlotte in the Embassy District. This beautifully appointed Richcraft suite is situated in the heart of Ottawa's vibrant core. Airy and bright, this 2-bedroom, 2 bath unit offers open concept living and bathes in glorious sunlight thanks to its large, picturesque windows, equipped with Altex rolling blinds. The modern, stylish kitchen with quartz countertops and stainless-steel appliances overlooks the living/dining area with a sliding patio door to the sunny balcony. The primary bedroom enjoys a 3-piece ensuite bath & walk-in closet. The additional second bedroom could double as the perfect work from home/flex space. Pet free, smoke free unit! Steps to the Rideau Centre, Byward Market, O-train, grocery stores, Ottawa University and walking distance to Parliament Hill, GAC, RCMP & Centretown. Enjoy fabulous amenities, including a stunning rooftop pool with terrace and lounge area, party room, yoga studio, gym, games room, dining room, & concierge service. Play where you live! 36hr irrevocable on all offers. Some photos have been virtually staged. 36hr irrevocable on all offers

Extras

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size700-799 sq. ft.
Maintenance Fees$753
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$6,163
mls© NumberX13560772
Listed ByROYAL LEPAGE PERFORMANCE REALTY
Building Insurance 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%
$2,196
Property tax
$514
Heat allowance
$150
Condo fees, half counted
$376
Housing costs
$3,236 / mo

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

Down payment20% · $85,800
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$1,805 / mo
Cash down
$85,800

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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