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Listed 12 days ago

4 - 489 Sussex Drive

4001 - Lower Town/Byward Market, Lower Town - Sandy Hill

$419,500

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

Sophisticated Downtown Living on Sussex Drive. Set in one of Ottawa's most coveted locations, this beautifully renovated heritage residence offers an exceptional urban lifestyle in the heart of the ByWard Market. Steps from the National Gallery, Major's Hill Park, Rideau Centre, acclaimed restaurants, boutique shopping and the now open History club, this is downtown living at its most vibrant.An ideal pied-à-terre for diplomats, professionals and executives, or a refined, low-maintenance home for downsizers and individuals who want culture, dining and nightlife at their doorstep. Enjoy an effortless lock-and-leave lifestyle with underground parking, storage and in-suite laundry.Inside, timeless heritage character is paired with contemporary luxury. The bright open-concept living and dining space features rich hardwood floors, a gas fireplace and striking exposed stone accent wall. The renovated kitchen showcases sleek quartz countertops, stainless steel appliances and excellent storage. A spacious bedroom overlooking Sussex Drive includes a generous walk-in closet, while the spa-inspired 3-piece bath features an oversized glass shower and heated towel rack.A rare opportunity to own a turnkey residence in one of Ottawa's most iconic settings-perfectly suited to those who appreciate architecture, sophistication and the energy of city living.NCC leased land. Co-Tenancy Corp. Cash purchase only. 48-hour irrevocable.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$846
LockerExclusive
BalconyNone
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,675
mls© NumberX13756574
Listed ByRE/MAX HALLMARK REALTY GROUP
Common Elements Included
Water 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%
$2,147
Property tax
$223
Heat allowance
$150
Condo fees, half counted
$423
Housing costs
$2,943 / mo

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

Down payment20% · $83,900
25-yr amortization

Income needed

$91,000

gross annual household income

Payment at 4%
$1,765 / mo
Cash down
$83,900

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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