601 - 40 ARTHUR STREET, Ottawa

$399,900

For sale: Apartment

Apartment at 601 - 40 ARTHUR STREET, Ottawa
Property type
Condo Apartment
Bedrooms / bathrooms
2 bedrooms, 2 bathrooms
Living area
1,199 sqft
MLS®
MLS® X12880378
Neighbourhood
4204 - West Centre Town

Experience elevated urban living in this 6th-floor gem, situated in a boutique 12-storey residence with only four units per floor. This beautifully maintained suite features an expansive, open-concept living and dining area that flows seamlessly to a private outdoor balcony, where you can enjoy the fresh air, views of the Ottawa River, Gatineau Hills. It is the perfect backdrop for morning coffee or evening sunsets. The kitchen is a bright, functional workspace complete with a large window that floods the room with natural light. The versatile floor plan offers two nice size bedrooms; the primary is so generous it is being used as a second sitting room with a TV, desk and bookcases. The second bedroom is a generous size currently being used as the main bedroom. Finishes include parquet hardwood and tile flooring, in-suite laundry, and a brand new (Aug 2025) dedicated HVAC for year-round climate control. Building amenities include a gym, sauna, workshop, and an outdoor patio with BBQs. Steps to the LRT, Little Italy, and the future Lebreton Flats development. CONDO FEES ARE ALL INCLUSIVE OF HEAT, HYDRO AND WATER

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 60 days.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

Homes for sale near 601 - 40 ARTHUR STREET