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Listed 2 months ago

601 - 320 Miwate Private

4201 - Mechanicsville, West Centre Town

$1,699,900

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

Incredible waterfront condo in the heart of the city with a personal elevator and a private rooftop terrace with incredible views of the Ottawa River! Approximately 1,800 sq ft of beautifully appointed space offering 3 bedrooms, 2 full bathrooms, many upgrades throughout. Stunning personal glass elevator servicing every level. All of your living space and bedrooms are on one level, featuring a large patio off the living space (20'x8') looking over the canal. Top level is a den with room for a home office or additional storage, and access to a spectacular 315 sf private corner rooftop terrace with breathtaking south, west, and east-facing views of the Ottawa River and city skyline. Primary bedroom features a walk-in closet and additional wall closet with custom organizers, and a luxurious ensuite with walk-in shower and separate soaker tub with river views. She second bedroom offers a double closet and convenient cheater access to the main bath, while the third bedroom is ideal as a guest room or office with access to its own private balcony. Residents enjoy access to a gym, library, and bicycle storage, along with immediate access to waterfront pathways and green space. Benefit from Zibi's innovative zero-carbon district energy system, beautifully repurposed heritage architecture, and access to waterfront parks and public plazas. Exciting new cafes, restaurants, boutiques, and shops are planned for the surrounding ground-floor commercial spaces at Head Street Square. With the future Ottawa Senators arena planned nearby at LeBreton Flats and continuous growth throughout the neighbourhood, this is an exciting opportunity to invest in one of Ottawa's most dynamic communities.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
Style3-Storey
Approx. AgeNot available
Size1600-1799 sq. ft.
Maintenance Fees$1,650
LockerOwned
BalconyTerrace
ExposureSouth West
Parking TypeUnderground
Parking Spaces2
Parking FeaturesUnderground, Surface
Property Tax$12,000
mls© NumberX13614742
Listed ByENGEL & VOLKERS OTTAWA
Water Included
Common Elements Included
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%
$8,701
Property tax
$1,000
Heat allowance
$150
Condo fees, half counted
$825
Housing costs
$10,676 / mo

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

Down payment20% · $339,980
25-yr amortization

Income needed

$328,000

gross annual household income

Payment at 4%
$7,153 / mo
Cash down
$339,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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