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Listed 10 days ago

2402 - 1500 Riverside Drive

3602 - Riverview Park, Alta Vista and Area

$560,000

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

Welcome to 1500 Riverside Drive, a spacious 2-bedroom, 2-bathroom, 2-parking penthouse level offering spectacular unobstructed northeast views of the city and Rideau River in sought-after Riverview Park. This bright unit features engineered hardwood flooring, neutral décor, ensuite laundry, parking and storage. The living room is highlighted by a wall of windows showcasing the incredible views and flows into the sizeable dining room. The eat-in kitchen offers rich wood cabinetry, granite countertops, undermount lighting, tile backsplash, and pantry storage. The spacious primary bedroom features a built-in IKEA PAX wardrobe and private 4pc ensuite, while the second bedroom includes a Murphy bed frame and organized double closet. A second full bathroom features a walk-in tiled shower. Enjoy exceptional amenities including indoor and outdoor pools, gym, sauna, hot tub, games and party rooms, squash/racquet and tennis courts, community BBQ, beautifully landscaped grounds and 24-hour gated security. Ideally located near transit, shopping, Rideau River pathways and downtown Ottawa. Some photos were virtually staged. 24 hours irrevocable.

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$1,149
LockerOwned
BalconyNone
ExposureNorth East
Parking TypeUnderground
Parking Spaces2
Parking FeaturesTandem
Property Tax$4,153
mls© NumberX13765900
Listed ByRE/MAX HALLMARK REALTY GROUP
Water Included
Building Insurance 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%
$2,866
Property tax
$346
Heat allowance
$150
Condo fees, half counted
$575
Housing costs
$3,937 / mo

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

Down payment20% · $112,000
25-yr amortization

Income needed

$121,000

gross annual household income

Payment at 4%
$2,357 / mo
Cash down
$112,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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