2 Bedrooms

1 Bathrooms

1,000 - 1,199 sqft Interior

1 Parking spaces

100 days ago Listed

None Baseboard Heaters

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About this home

Exceptional investment opportunity in this spacious and beautifully updated 2-bedroom, 1-bathroom condo offering nearly 1025 sq. ft. of interior living space - one of the largest layouts in the building. This stunning unit features an impressive 35-foot private balcony with breathtaking views, perfect for enjoying morning coffee or evening sunsets over the city skyline. Inside, you'll find gorgeous luxury vinyl plank flooring throughout, recessed pot lighting, a dramatic stacked stone feature wall in the living room, and a modernized kitchen with white cabinetry and a contemporary tile backsplash.This property has been a successful rental since the date of purchase and is currently tenant occupied on a month-to-month basis. Long-standing, responsible tenants are currently paying $2,100/month, which includes one underground parking space (Upper Level, Spot #12). Tenants are responsible for their own hydro and Wi-Fi. This is a truly turnkey investment - simply take ownership and continue collecting rent from day one.Whether you're looking to grow your investment portfolio, plan for retirement, or set up a young professional or family in a well-connected community, this property checks every box. The building offers excellent amenities including a well-maintained indoor pool, elevators with no stairs to building entrances, and an on-site management office. Commuting is effortless with quick access to transit and the 417, plus Loblaws and local shops right across the street. Please note pets permitted (service animals excepted as required by law). 24-hour notice required for all showings. (id:28469)

Facts & features

Property

MLS® Number: X13131396
Property Type: Single Family
Community Name: 3404 - Vanier
Ownership: Condominium/strata
Community Features: Pets Allowed With Restrictions
Features: Balcony
Parking Space Total: 1

Building

Bathroom Total: 1
Bedrooms Above Ground: 2
Bedrooms Total: 2
Appliances: Hood Fan, Stove, Window Coverings, Refrigerator
Basement Type: None
Cooling Type: None
Exterior Finish: Brick, Concrete
Heating Fuel: Electric
Heating Type: Baseboard Heaters
Size Interior: 1,000 - 1,199 Sqft
Type: Apartment

Parking

Underground: —
Garage: —

Land

Acreage: No

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment: $1,085/mo
Maintenance fee: $832.41 monthly
Ontario land transfer tax: $2,175 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $2,175 back on land transfer tax.

The Vanier market

43 Active listings

$599,900 Median asking price

59% below median This home

47 days Avg. time on market

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Rooms

Main Level

Living Room 5.52 m x 3.63 m
Dining Room 3.64 m x 3.17 m
Kitchen 2.08 m x 2.94 m
Bedroom 3.05 m x 5.11 m
Primary Bedroom 3.26 m x 5.11 m
Bathroom 2 m x 2.7 m
Utility Room 1.58 m x 1.78 m

Location

1505 - 158a Mcarthur Avenue, Ottawa, Ontario K1J 7E7 · Get directions

1505 - 158a Mcarthur Avenue