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1505 - 158A Mcarthur Avenue, Ottawa, ON 30 photos

$245,000

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1505 - 158A Mcarthur Avenue, Ottawa, ON· Vanier
2
Bedrooms
1
Bathrooms
1000-1199
Sq Ft
1
Underground Parking

About this Property

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.

Listed by ROYAL LEPAGE INTEGRITY REALTY · MLS# X13131396

About Vanier

Urban Revitalizing · Avg $500K

Vanier is a compact urban neighbourhood located just east of the Rideau River from downtown Ottawa, undergoing a significant revitalization that has caught the attention of savvy buyers, investors, and first-time homeowners looking for affordable central living with strong appreciation potential. Once a separate francophone municipality before amalgamation, Vanier retains a distinctive French-Canadian cultural identity while embracing the multicultural diversity that has become one of its defining characteristics.

Avg Home Price$500K
Walk Score80
To ByWard Market10 min
Drive to Downtown8 min
View Full Vanier Guide

Features & Details

Property details of 1505 - 158A Mcarthur Avenue, Ottawa, ON

Property TypeCondo Apartment
StyleApartment
Size1000-1199 sq ft
Total Parking1

Mortgage Calculator

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%
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Mortgage Payment$1,204/monthly
Principal54%
Interest46%
Principal Amount$196,000
Interest$165,083
Total Payable$361,083
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$1,204
Mortgage + Expenses$1,204
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$
$
$
$
Monthly Cash Flow-$1,204

* Estimate only. Consult a mortgage broker for accurate figures.

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Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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