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Listed 1 month ago

1601 - 111 Champagne Avenue

4501 - Dows Lake, Dows Lake - Civic Hospital and Area

$359,000

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

Welcome to Unit 1601 at 111 Champagne Avenue - elevated living in the heart of Little Italy. Perched on the 16th floor, this bright corner unit offers south and west-facing views, filling the space with natural light through expansive floor-to-ceiling windows. A welcoming foyer leads into an open-concept living and dining area, creating a seamless and functional layout ideal for both everyday living and entertaining. The clean, modern design paired with the unit's elevated position makes for a light-filled and airy atmosphere throughout. Residents of Soho Champagne enjoy an impressive suite of amenities, including a rooftop terrace with hot tub and BBQ, outdoor pool, fully equipped gym, movie theatre, party room with kitchen and lounge, meeting room, concierge service, and the convenience of three elevators. Perfectly located just steps from the LRT, and within walking distance to Dows Lake, the new hospital campus, and Preston Street's vibrant cafes and restaurants, this home offers an unbeatable blend of lifestyle, convenience, and connectivity-surrounded by green space in one of Ottawa's most dynamic neighbourhoods. Enjoy the convenience of underground parking and a dedicated storage locker.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$818
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$4,875
mls© NumberX13699624
Listed ByUMBER REALTY INC.
Building Insurance 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%
$1,838
Property tax
$406
Heat allowance
$150
Condo fees, half counted
$409
Housing costs
$2,803 / mo

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

Down payment20% · $71,800
25-yr amortization

Income needed

$86,000

gross annual household income

Payment at 4%
$1,511 / mo
Cash down
$71,800

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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