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Listed 20 days ago

206 - 197 Lisgar Street

4102 - Ottawa Centre, Ottawa Centre

$585,000

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

Welcome to The Lofts at Tribeca, where luxury condo living meets the rare convenience of private outdoor space. This stunning loft-style residence offers 912 sq ft of living space plus it's own private terrace in the heart of the city. Step inside to a welcoming foyer with convenient 2pc. Beyond, the impressive open-concept living space unfolds with dramatic two-storey living area with hardwood throughout and oversized windows that flood the home with natural light. Every window is fitted with custom remote-controlled blinds. The beautifully appointed kitchen features quartz countertops, stainless steel appliances, potlighting and a functional layout ideal for both everyday living and entertaining. A discreetly tucked-away laundry area adds to the home's thoughtful design. The living area seamlessly extends to your own private terrace-a rare offering for condo living. Surrounded by privacy vines and trees, this outdoor retreat provides a peaceful escape. Complete with a natural gas BBQ hookup, it's the perfect place to relax or entertain. Upstairs, the open loft-style bedroom overlooks the living space below and offers space for a home office. The spacious walk-in closet features custom built-ins so no inch of space is wasted. The four-piece bathroom offers both style and functionality. Storage is never a concern with two storage lockers. The underground parking space on P3 is the building's most desirable levels. Residents of The Lofts enjoy outstanding amenities, including an indoor pool, dry sauna, a fully equipped gym complete with a squat rack, guest suites for visiting family and friends, and a beautifully landscaped courtyard with BBQ areas. Ideally located in the heart of downtown Ottawa, you'll have Farm Boy right downstairs, the shops, cafes, and restaurants of Elgin Street just steps away, and the scenic Rideau Canal only a short stroll from your front door. This is urban living at its finest.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
Style2-Storey
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$868
LockerOwned
BalconyTerrace
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$5,463
mls© NumberX13728486
Listed ByCOLDWELL BANKER RHODES & COMPANY
Water Included
Heat Included
Common Elements Included
Building Insurance Included
Parking 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%
$2,994
Property tax
$455
Heat allowance
$150
Condo fees, half counted
$434
Housing costs
$4,033 / mo

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

Down payment20% · $117,000
25-yr amortization

Income needed

$124,000

gross annual household income

Payment at 4%
$2,462 / mo
Cash down
$117,000

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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