$260,000
For sale: Apartment

Reasonable price and reasonable condo fees. Don't miss your opportunity to purchase this affordable home/rental unit at 225 Alvin Rd in Manor Park. The property backs onto public land and green space and is a quick walk, bike, or drive to many parks, schools, and other amenities. Great for those who like to get outside and be close to the Ottawa River. The property also offers quick access to St Laurent Blvd, Promenade Etienne Cartier, Aviation Parkway and downtown Ottawa. Inside, you'll discover a bright and open-concept living and dining area with eat-in kitchen, large bay window, ample cabinetry and in-suite laundry. The bedroom features a four-piece bathroom, closet, and plenty of space for your furniture. The unit also comes with a parking space and a dedicated storage locker. Owners can also enjoy the exclusive use of several amenities - gym, sauna, party room, rooftop deck, and community barbecue. The Lancaster has the right price, the right amenities, and the right location for your first home or investment.
Sold data
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 61, across 358 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 59 days.
The median sale price was $399,900.
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 23% of sellers reduced their price before finding a buyer.
Based on 358 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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