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Listed 25 days ago

408 - 540 Cambridge Street South Street S

4502 - West Centre Town, Dows Lake - Civic Hospital and Area

$439,900

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

This well located 1 bedroom condo with a large den and 1.5 bathrooms offers comfortable living in the heart of Ottawa. The spacious living area features a cozy fireplace, creating a warm and welcoming atmosphere. The kitchen is renovated, with a large sink, white subway tiles and newer appliances. The recently renovated bathroom adds a fresh, modern touch to the home. Ideally situated near Dow's Lake, Preston Street and the Glebe, you'll have easy access to parks, public transit/highways, the hospital, shopping, restaurants, cafés, and everyday amenities. Convenient transportation options make commuting and getting around the city a breeze. With a practical layout and a highly desirable central location, this home is an excellent opportunity for those looking to enjoy convenience, connectivity, and all that Ottawa has to offer. The building is pet friendly(small dogs under 25lbs) and wheel chair accessible.

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$586
LockerOwned
BalconyTerrace
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,682
mls© NumberX13715448
Listed ByROYAL LEPAGE PERFORMANCE REALTY
Building Insurance Included
Water 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%
$2,252
Property tax
$307
Heat allowance
$150
Condo fees, half counted
$293
Housing costs
$3,002 / mo

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

Down payment20% · $87,980
25-yr amortization

Income needed

$92,000

gross annual household income

Payment at 4%
$1,851 / mo
Cash down
$87,980

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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