95 days on Market

2871 Richmond Rd #603, Ottawa, Ontario K2B 8M5

In the same building:
-
Condo
2
2
~1000-1199 sqft
$•••,•••
$359,800
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Condo
2
2
~1000-1199 sqft

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Highlights

Property Estimate

Days on market95 days

Estimated valueNot available

Price/Sqft$330/sqft

Monthly cost

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+3

Properties sold*

$328K

Median sold price*

*Based on last 30 days

Description

Calling Investors!!! Whether you're looking to secure stable rental income now or plan ahead for a future personal residence, this property delivers exceptional value. Currently leased at $2,300/month to a reliable tenant, this bright and spacious 2-bedroom, 2-bathroom condo offers instant cash flow and worry-free ownership: An ideal addition to any investment portfolio. Lock in a great price today in a vibrant, well-connected location that also makes for an appealing retirement option down the road. This unit features a smart, functional layout with open living and dining areas, a well-appointed kitchen, a versatile solarium perfect for a home office, an in-unit laundry room, and two generously sized bedrooms. Residents enjoy impressive building amenities, including an indoor pool, sauna, fitness centre, party room, and ample visitor parking-all of which help attract and retain quality tenants. Situated in sought-after Britannia, you're just steps from shopping, restaurants, public transit, Highway 417, and the scenic Ottawa River pathways. Marina Bay offers the perfect blend of convenience and community, making this a solid, low-maintenance investment with strong long-term upside. Status certificate available.


Property Details

Style1 Storey/Apt
View-
Age of property-
SqFt~1000-1199 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX12344212
Community NameWhitehaven - Queensway Terrace North
Data SourceTRREB
Listing byTRU REALTY

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Living

4.57 x 3.7

Dining

3.37 x 2.81

Solarium

2.43 x 2.13

Kitchen

3.65 x 2.36


Features

Patio: Encl
Balcony: Encl

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


3Story
Amenities

Elevator, Exercise Room, Party/Meeting Room, Visitor Parking, Outdoor Pool, Gym

Inclusions
Hydro
Water
Parking
Cable
Heat

Market Data - Whitehaven - Queensway Terrace North

Geo Zone Map ThumbnailWhitehaven - Queensway Terrace North

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

64 days

Compared to

2024

20 days

2023

13 days

2022

17 days

New Listings

Past 30 days

3 listings

Compared to

2024

3 listings

2023

0 listing

2022

7 listings

Units sold

Past 30 days

1 unit

Compared to

2024

3 units

2023

1 unit

2022

3 units

Median Sold Price

Past 30 days

$287,000

Compared to

2024

$328,000

2023

$345,000

2022

$360,000


Population and Demographics

Overview

Total population 11145
Average household income $114,255

Age (%)

0 to 19
20%
20 to 34
23%
35 to 49
18%
50 to 64
19%
65 and plus
20%

Household composition (%)

Single family
57%
Single person
35%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
71%
French
9%
Arabic
5%
Others
3%
English and French
2%
Tagalog (Pilipino, Filipino)
2%
Somali
1%
Spanish
1%
Vietnamese
1%

House tenancy (%)

Renters
53%
Owners
47%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget