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$1,025,000
197 Lisgar Street · Ottawa · Ontario K2P 0X5
90 days on market
Did someone say luxury 2 story condo with 2 parking spaces, 4 storage lockers, natural gas bbq line, private terrace, ample unit storage, floor to ceiling wine cellar, south facing natural lighting, electric blinds, designer finishings AND conveniently located off Elgin. You heard right! This incredible 2 + den condo with 2.5 bathrooms does not fall short in your luxury condo expectations. Don't settle when you can have your cake and eat it too, with close proximity to shops, dining and local ex…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
Motivated SellerWhy this label
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: ENGEL & VOLKERS OTTAWA
Source: TRREB/PROPTX · MLS® X13606172
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~1,500 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 43% of your true cost of ownership. The other 57% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $46,662 | $3,889/mo |
| Government & taxes | ||
| Property tax | $9,046 | $754/mo |
| Land transfer tax(closing) | $16,975 | $1,415/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%) | $10,250 | $854/mo |
| Condo fees | ||
| Condo / HOA fees | $15,792 | $1,316/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 | $109,386 | $9,115/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.