505 - 1240 CUMMINGS AVENUE, Ottawa

$2,247/mo

For rent: Apartment

Apartment at 505 - 1240 CUMMINGS AVENUE, Ottawa
Property type
Condo Apartment
Bedrooms / bathrooms
1 bedroom, 1 bathroom
Living area
799 sqft
MLS®
MLS® X14106926
Neighbourhood
2201 - Cyrville

**Special Rent Promo - Up to 3 Months' Free Rent** Welcome to Luxo Place, a stunning new 35-storey high-rise redefining luxury rental living in the heart of Ottawa. This elevated community offers an exceptional array of world-class amenities, including a state-of-the-art fitness centre, tranquil yoga room, hotel-inspired indoor lap pool, vibrant social lounge with bar and billiards, and thoughtfully designed co-working spaces-everything you need to live, work, and unwind in comfort and style. Entertain guests effortlessly with access to beautifully appointed guest suites. Enjoy the convenience of a pet-friendly, non-smoking environment, perfectly located just steps from Cyrville LRT Station for easy access to the city's best shopping, dining, and outdoor spaces. Step inside this beautifully designed 713 sq. ft., 1-bedroom, 1-bathroom suite on the fifth floor, offering desirable west-facing exposure. The thoughtfully designed layout features nine-foot ceilings, expansive windows, premium soundproofing, and contemporary finishes throughout. The modern kitchen showcases quartz countertops, sleek cabinetry, LED lighting, stainless steel appliances, and a centre island, flowing seamlessly into the dining and living areas. The spacious bedroom features generous closet storage, while the modern bathroom includes a glass-enclosed shower. Enjoy the convenience of in-suite laundry, window coverings, and individually controlled heating and cooling. A private balcony extends your living space outdoors, providing the perfect spot to relax and unwind. Experience elevated living at Luxo Place, a LEED Gold-certified community combining sophisticated design, exceptional amenities, and everyday convenience. Photos are of a similar unit.

Sold data

Homes in Cyrville — recent sold market

Homes in Cyrville took a median of 31 days to sell over the last 730 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 54, across 63 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.

The median sale price was $409,900.

Homes sold for about 2.6% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 21% of sellers reduced their price before finding a buyer.

Median days to sell
31
Median sale price
$409,900
Sale-to-list ratio
97.4%
Sold above asking
8%

Based on 63 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. 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

Homes for sale near 505 - 1240 CUMMINGS AVENUE