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$309,900
DOM9days475 Laurier Avenue · Ottawa · Ontario K1R 7X1
9 days on market
Welcome to 475 Laurier Avenue West, Unit 1601. This 2-bedroom, 1-bathroom condo sits on the 16th floor in the heart of downtown Ottawa. This meticulously maintained unit features hardwood floors throughout and a functional open-concept layout with real room for a dining table, full living area, and work-from-home setup. The private balcony looks out over east-facing city views. Both bedrooms are well sized, with the second flexible as either a guest room or home office depending on your needs. T…
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: REAL BROKER ONTARIO LTD.
Source: TRREB/PROPTX · MLS® X14030334
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20%+ down — no CMHC premium
≈ $0.13/ft² × ~950 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) | $14,108 | $1,176/mo |
| Government & taxes | ||
| Property tax | $3,542 | $295/mo |
| Land transfer tax(closing) | $3,124 | $260/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%) | $3,099 | $258/mo |
| Condo fees | ||
| Condo / HOA fees | $11,725 | $977/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 | $44,758 | $3,730/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.