Unknown for 475 Laurier Ave #205, Ottawa Ontario K1R 7X1
Re-listed 63 days ago

475 Laurier Ave #205, Ottawa, Ontario K1R 7X1

In the same building:
-
Condo
1
1
~0-499 sqft
$•••,•••
$274,900
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Up to
$1,375Cashback
Condo
1
1
~0-499 sqft

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Highlights

Property Estimate

Days on market63 days

Total days on market
149 days

Estimated valueNot available

Price/Sqft$275/sqft

Monthly cost

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CMA Subject Property

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+18

Properties sold*

$440K

Median sold price*

*Based on last 30 days

Description

Welcome to 475 Laurier Avenue #205 - This affordable 1 bedroom, 1 bathroom condo apartment in the heart of downtown Ottawa just steps away from Sparks Street, restaurants, transit and so much more. The building is smoke-free and well-maintained, providing a comfortable living environment. Tastefully modernized with laminate floors, gorgeous white kitchen with SS appliances, quartz counter tops and a modern farmer's sink. Spacious full bathroom offers a large vanity with ample storage. This unit also offers a large storage walk-in closet and balcony. This downtown condo is positioned in a growing rental market, offering the potential for steady cash flow, appreciation, and long-term value. Whether you're a seasoned investor or new to the market, this property is an excellent choice for anyone looking to capitalize on Ottawa's vibrant rental market.


Property Details

StyleApartment
View-
Age of property31-50
SqFt~0-499 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberX12121408
Community NameDowntown
Data SourceTRREB
Listing byRE/MAX HALLMARK REALTY GROUP

Features

Heating: Baseboard
Cooling: Window Unit

Main Floor

Kitchen

2.46 x 2.23

Living

5.2 x 3.65

Foyer

5.0 x 1.21

Br

4.39 x 2.81


Features

Patio: Terr
Balcony: Terr

1Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
63 days on market
history photo preview22
Listing by trreb®

Market Data - Downtown

Geo Zone Map ThumbnailDowntown

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

37 days

Compared to

2024

31 days

2023

56 days

2022

17 days

New Listings

Past 30 days

29 listings

Compared to

2024

28 listings

2023

26 listings

2022

23 listings

Units sold

Past 30 days

13 units

Compared to

2024

18 units

2023

14 units

2022

14 units

Median Sold Price

Past 30 days

$415,000

Compared to

2024

$439,500

2023

$386,500

2022

$445,000


Population and Demographics

Overview

Total population 6119
Average household income $205,304

Age (%)

0 to 19
8%
20 to 34
43%
35 to 49
21%
50 to 64
15%
65 and plus
14%

Household composition (%)

Single person
62%
Single family
30%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
66%
French
15%
Others
3%
Arabic
3%
Mandarin
3%
Spanish
3%
English and French
2%
Iranian Persian
1%

House tenancy (%)

Renters
75%
Owners
25%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget