Loading neighbourhood intel…
Loading neighbourhood intel…
$359,900
DOM84days40 Arthur Street · Ottawa · Ontario K1R 7T5
84 days on market
Owner says "I want this home Sold." Welcome to #1004-40 Arthur Street with a brilliant south west view overlooking the Centre Town Skyline. This very well appointed spacious two bedroom one and a half bath is centrally located and a short walk to China Town, Little Italy and Centre Town. Public transport is at your front door. You will be pleasantly surprised by the bright solarium which could be used as a home office or a sitting area to enjoy the setting sun. This building includes an 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
No price-drop or motivated-seller signals detected from MLS data we track on this listing.
Property history
Comparable sales
Brokered by: ROYAL LEPAGE TEAM REALTY
Source: TRREB/PROPTX · MLS® X13625592
Do you own a home in West Centre Town?
Find out what it's worth — and what you'd walk away with after mortgage, commission and fees.
Get My StreetValue™ →Monthly carrying costs, utilities, and closing cost estimates.
20%+ down — no CMHC premium
≈ $0.13/ft² × ~1,100 ft² · incl. electric heat
Electric heat — no gas service · see hydro
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 32% of your true cost of ownership. The other 68% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $16,384 | $1,365/mo |
| Government & taxes | ||
| Property tax | $3,600 | $300/mo |
| Land transfer tax(closing) | $3,874 | $323/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $3,599 | $300/mo |
| Condo fees | ||
| Condo / HOA fees | $14,700 | $1,225/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 | $51,317 | $4,276/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.