$775K · 2 bed Condo Apartment · Unit 2401, Tribeca, 179 Metcalfe Street, Ottawa, Ontario K2P 1P7

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About this home

Welcome to unit 2401, a stunning 2 bedroom, 2 bath corner unit offering some of the most coveted views in Ottawa. Floor-to-ceiling windows frame unobstructed views of the parliament Peace Tower and Ottawa skyline. Thoughtfully designed for those who who refuse to compromise, this corner unit stands apart with an exceptional layout, hardwood floors , many upgrades and over 1100 SQ FT. The Grand model offers an open concept living and dining room which is expansive yet intimate, a rare combin…

Property details

MLS#

X12870494

Status

Buy Now

Property class

Residential Condo & Other

Beds

Baths

2 full, 0 half

Rooms

Kitchens

Size

1000-1199Exact finished sqft not on MLS feed (often MPAC-only on broker systems)

Basement

None

Style

Apartment

Type

Condo Apartment

Year built

—Year built not on MLS feed (often MPAC-only on broker systems)

Occupancy: Vacant
Washrooms: 4 pc · Main; 3 pc · Main
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry

Property features: Public Transit

View: Downtown, Skyline

Building name: Tribeca
Condo corp #: 961
Balcony: Open
Locker: Owned
Association amenities: Bike Storage, Community BBQ, Concierge, Elevator, Exercise Room, Lap Pool
Fees include: Common Elements Included, Building Insurance Included, Heat Included, Water Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Metal/Steel Siding, Concrete
Fronting on: —
Cross street: Metcalfe & Nepean
Stories: 24
Utilities: —
Laundry: In-Suite Laundry
Laundry level: Main Level
Interior: Carpet Free, Storage Area Lockers
Parking features: —

Price movement & seller pressure

↓ $25KPrice reduction

MLS shows the seller reduced the asking price by $24,900 (from $799,900 to $775,000).

Motivated SellerWhy this label

Vacant property — MLS shows vacant occupancy and the listing has been on market 120+ days.

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $775,000✓ $6,270 tax✓ Gas✓ 1000-1199 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$6,817/mo

incl. closing costs (yr 1)

Annual total

$81,802

year 1

Mortgage only

$2,940/mo

principal + interest

Beyond mortgage

$2,420/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$155,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$523/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,100 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$7,750/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$69/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$11,975

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)43% $35,281/yr

Property taxes22% $18,245/yr

Utilities5% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance9% $7,750/yr

Condo fees12% $9,865/yr

Closing costs6% $5,100/yr

Mortgage is 43% of your true cost of ownership. The other 57% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$35,281	$2,940/mo
Government & taxes
Property tax	$6,270	$523/mo
Land transfer tax(closing)	$11,975	$998/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$7,750	$646/mo
Condo fees
Condo / HOA fees	$9,865	$822/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$81,802	$6,817/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 2401

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs