502 - 179 GEORGE STREET, Ottawa
$364,000
For sale: Apartment
- Property type
- Condo Apartment
- Bedrooms / bathrooms
- 1 bedroom, 1 bathroom
- Living area
- 799 sqft
- MLS®
- MLS® X12753530
- Neighbourhood
- 4001 - Lower Town/Byward Market
WELCOME TO THIS IMMACULATE 1-BEDROOM CONDO IN THE SOUGHT-AFTER EAST MARKET DEVELOPMENT at 179 GEORGE STREET, LOCATED IN THE HEART OF LOWER TOWN & THE BYWARD MARKET; PERFECT FOR INVESTORS & FIRST TIME BUYERS. This modern suite features an open-concept layout, hardwood flooring, and full-height windows that flood the space with natural light. The kitchen, featuring a 2022 Stainless Steel Refrigerator, dining, and living area flow seamlessly, creating a functional layout ideal for everyday living and entertaining. Right off the living room step outside to a large balcony, perfect for morning coffee or evening city views. The spacious primary bedroom offers convenient in-suite laundry and a 4-piece ensuite bathroom. This unit also includes one underground parking space and a storage locker. Currently tenanted at $1,790/month (on month to month), plus $200/month for parking (separate tenant); Great market rent for investors! Tenants are happy to stay, offering excellent investment potential, or vacant possession can be provided. Steps to transit, Parliament, Rideau Centre, University of Ottawa, grocery stores, cafés, restaurants, and everything the ByWard Market has to offer. 24-hour irrevocable on all offers. *Note: Some photos are from unit before occupancy and some during occupancy.*
Sold data
Apartment homes in Ottawa — recent sold market
Apartment homes in Ottawa took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 62, across 369 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 60 days.
The median sale price was $398,000.
Homes sold for about 2.7% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
- Median days to sell
- 34
- Median sale price
- $398,000
- Sale-to-list ratio
- 97.3%
- Sold above asking
- 7%
Based on 369 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Ottawa
Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.
- Rated schools
- 217
- Elementary
- 174
- Secondary
- 43
- Average rating
- 6.2 / 10
Top-rated schools in Ottawa
- Hopewell Avenue — elementaryFraser rating 8.5/10
- Agincourt Road — elementaryFraser rating 8.4/10
- First Avenue — elementaryFraser rating 8.4/10
- Nepean — secondaryFraser rating 8.3/10
- Elmdale — elementaryFraser rating 8.2/10
- Jean-Robert Gauthier — elementaryFraser rating 8.2/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
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