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$245,000

1505 - 158A MCARTHUR AVENUE, Ottawa, Ontario, K1J 7E7

MLS® # X13131396

2 Beds

Bath

1000 - 1199  FEETSQ

QuickQuoteTM: Not Available

Ottawa ON, K1J 7E7

MLS® # X13131396

Property Information:

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:27)

Building Features:

  • Style: Apartment
  • Building Type: Apartment
  • Basement Type: None
  • Exterior Finish: Brick, Concrete
  • Floor Space: 1000 - 1199 sqft
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: None
  • Appliances: Hood Fan, Stove, Window Coverings, Refrigerator

Property Features:

  • OwnershipType: Condominium/Strata
  • Property Type: Single Family
  • Bedrooms: 2
  • Bathrooms: 1
  • Community Features: Pets Allowed With Restrictions
  • Condo Fees: $832 Monthly
  • Features: Balcony
  • Floor Space (approx): 1000 - 1199 Square Feet
  • MaintenanceFee Type: Water, Insurance
  • Parking Type: Underground, Garage
  • No. of Parking Spaces: 1

Rooms:

  • Living Main Level 5.52 m x 3.63 m
  • Dining Main Level 3.64 m x 3.17 m
  • Kitchen Main Level 2.08 m x 2.94 m
  • Bedroom Main Level 3.05 m x 5.11 m
  • Primary Bedroom Main Level 3.26 m x 5.11 m
  • Bathroom Main Level 2.00 m x 2.70 m
  • Utility Main Level 1.58 m x 1.78 m

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Location of 1505 - 158A MCARTHUR AVENUE, Ottawa, Ontario, K1J 7E7

Demographic Information of 1505 - 158A MCARTHUR AVENUE, Ottawa, Ontario, K1J 7E7

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$133,936.03

Average Number of Children

1.47

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.45 %

High school certificate or equivalent

24.5 %

Apprenticeship trade certificate/diploma

4.21 %

College/non-university certificate

18.07 %

University certificate (below bachelor)

2.64 %

University Degree

40.13 %

Commuter

Travel To Work

By Car

55.63 %

By Public Transit

21.64 %

By Walking

15.33 %

By Bicycle

0.75 %

By Other Methods

6.65 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

79.99 %

Houses

20.01 %

Own Vs. Rent