122 days on Market

179 George St #1602, Ottawa, Ontario K1N 1J8

In the same building:
-
Condo
1
1
~500-599 sqft
$•••,•••
$279,900
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Condo
1
1
~500-599 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$513/sqft

Est. Mortgage$1,202/mo

Maintenance fees$420/mo

Tax Amount (2024)$2,411/yr

Days On Market122 days


Description

Invest in your future! This fantastic condo in the heart of Ottawa has been consistently rented since its construction, making it a smart choice for investors or those seeking an affordable home in the city centre. Featuring brand-new stainless steel appliances, newly installed luxury vinyl plank flooring, and a fresh coat of paint, this modern space offers stylish downtown living. Enjoy an open layout with 9' ceilings, in-unit laundry, and a spacious 123 sq. ft. east-facing balcony. Condo fees include everything - A/C, heat, hydro, water, and more. Don't wait for the stock market - secure your place by investing in real estate today!


Property Details

StyleApartment
ViewCity, Downtown, Panoramic, Hills, Skyline
Age of property16-30
SqFt~500-599 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberX11912579
Community NameLowertown
Data SourceTRREB
Listing byROYAL LEPAGE TEAM REALTY

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Br

6.0 x 2.74

Bathroom

1.82 x 1.52

Living

4.93 x 3.63


Features

Patio: Encl
Balcony: Encl

16Story
Elevator
Amenities

Exercise Room, Games Room, Party/Meeting Room, Rooftop Deck/Garden, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jan 8, 2025
ListedActive
$279,900
122 days on market
history photo preview25
Listing by trreb®
Property listed by ROYAL LEPAGE TEAM REALTY, Brokerage

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Market Data - Lowertown

Geo Zone Map ThumbnailLowertown

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

39 days

Compared to

2024

26 days

2023

34 days

2022

12 days

New Listings

Past 30 days

23 listings

Compared to

2024

25 listings

2023

23 listings

2022

25 listings

Units sold

Past 30 days

8 units

Compared to

2024

12 units

2023

10 units

2022

8 units

Median Sold Price

Past 30 days

$366,500

Compared to

2024

$400,000

2023

$372,750

2022

$439,000


Population and Demographics

Overview

Total population 7958
Average household income $111,627

Age (%)

20 to 34
35%
35 to 49
18%
65 and plus
16%
50 to 64
16%
0 to 19
14%

Household composition (%)

Single person
55%
Single family
34%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
57%
French
25%
Arabic
3%
English and French
3%
Mandarin
3%
Spanish
3%
Others
2%
French and non-official language(s)
1%

House tenancy (%)

Renters
75%
Owners
25%

Schools and amenities

Estimated Budget