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Listed 10 days ago

405 - 330 Loretta Avenue S

4503 - West Centre Town, Dows Lake - Civic Hospital and Area

$489,000

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

Stunning 1-Bedroom plus Den in The Norfolk by Domicile. Located in the heart of Ottawa's vibrant Hintonburg and Dow's Lake neighbourhood, this premium boutique condo, with only 10 storeys and 85 units, is just steps from the O-Train station, Little Italy, and the Civic Hospital.This spacious suite boasts 9'2" ceilings, hardwood flooring, and elegant granite countertops. Enjoy the convenience of in-suite laundry, ample storage, and a sizeable16' x 6'7" private balcony equipped with a natural gas Weber BBQ. The unit includes an owned, heated underground parking space and a convenient same-floor storage locker.The Norfolk features exceptional amenities, including a fitness centre, bike storage, and a modern party room located just off the Lobby. Experience ultimate urban convenience surrounded by the area's best restaurants and parks.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size700-799 sq. ft.
Maintenance Fees$593
LockerOwned
BalconyOpen
ExposureNorth
Parking TypeAttached
Parking Spaces1
Parking FeaturesNone
Property Tax$4,344
mls© NumberX13763934
Listed ByROYAL LEPAGE TEAM REALTY
Water 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%
$2,503
Property tax
$362
Heat allowance
$150
Condo fees, half counted
$297
Housing costs
$3,311 / mo

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

Down payment20% · $97,800
25-yr amortization

Income needed

$102,000

gross annual household income

Payment at 4%
$2,058 / mo
Cash down
$97,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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