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New4 days ago

303 - 320 MIWATE Private

4201 - Mechanicsville, West Centre Town

$549,000

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

Discover luxury living in Ottawa's most dynamic eco-friendly community. This south-facing 1-bedroom, 1-bathroom suite features a modern open-concept layout and an impressive 21' x 8' private balcony with stunning waterfront views. Enjoy direct access to scenic riverfront pathways, green space, public plazas and Zibi's innovative zero-carbon district energy system. Residents have access to a well-equipped gym (3rd floor), reading room/lounge (2nd floor), landscaped courtyard, secure bike storage and pet wash station (P1). Ideal central location just 10 minutes from Rideau Centre, Hintonburg, Little Italy, and Gatineau Park. Walk out your door to future ground-floor cafes, boutiques, and vibrant public plazas at Head Street Square, with major future development planned nearby at LeBreton Flats. Includes underground parking and an adjacent storage locker. Tenanted until end of Nov 2026 (24h notice for showings). Status cert on file

Extras

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$606
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$4,899
mls© NumberX13792948
Listed ByROYAL LEPAGE TEAM REALTY
Heat Included
Water Included
Common Elements 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%
$2,810
Property tax
$408
Heat allowance
$150
Condo fees, half counted
$303
Housing costs
$3,672 / mo

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

Down payment20% · $109,800
25-yr amortization

Income needed

$113,000

gross annual household income

Payment at 4%
$2,310 / mo
Cash down
$109,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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