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Listed 1 month ago

705 - 203 CATHERINE Street

4103 - Ottawa Centre, Ottawa Centre

$239,800

Condo Apartment |
0 | 1 | 0 | 1
About this home

Welcome to SoBa. One of Ottawa's most sought after condominiums. This south facing unit is a great investment opportunity or a great place to call Home. Located on the 7th. floor with a view into the Glebe, it has pre-engineered hardwood floors, European style kitchen with stainless steel appliances including a natural gas cooktop and built-in oven. Open concept kitchen living/dining room and Combination/Bedroom. Unit comes with window blinds and storage locker. Enjoy the shops and restaurants in Centretown and the Glebe. Walk to Lansdown, Elgin St. and the Canal. Don't miss out on this opportunity.

Extras

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size0-499 sq. ft.
Maintenance Fees$400
LockerOwned
BalconyNone
ExposureSouth
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$3,002
mls© NumberX13655358
Listed ByRIGHT AT HOME REALTY
Building Insurance Included
Heat Included
Water 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%
$1,227
Property tax
$250
Heat allowance
$150
Condo fees, half counted
$200
Housing costs
$1,828 / mo

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

Down payment20% · $47,960
25-yr amortization

Income needed

$56,000

gross annual household income

Payment at 4%
$1,009 / mo
Cash down
$47,960

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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Comparable sales

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