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New2 days ago

507 - 290 Powell Avenue

4502 - West Centre Town, Dows Lake - Civic Hospital and Area

$479,999

Condo Apartment |
2 | 2 | 1 | 1
About this home

Welcome to The Glasgow! Ideally located in the Glebe Annex, 290 Powell Avenue offers easy access to Little Italy, the Glebe, Dow's Lake, the Rideau Canal and Lansdowne Park. Enjoy nearby restaurants, cafés, shops and walking paths, with so much to explore close to home. This bright and inviting condo features oversized windows, high ceilings, hardwood floors and an open-concept living and dining area. The primary bedroom offers a full ensuite, while a separate powder room is convenient for guests. A versatile second room includes a closet and has been used as a bedroom/office. This room currently has no door or window and offers flexible space for a home office or occasional company.Step onto your private balcony to enjoy your morning coffee or unwind at the end of the day. Residents also have access to a fitness room and a shared rooftop terrace with barbecues. Complete with in-suite laundry, one underground parking space and a private storage room with its own door conveniently located at your parking spot, this condo offers comfortable, convenient living in a central location. Condo fees include heat, water and building insurance.

Extras

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agent
Ephy Bookbinder
(416) 838-4804
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$847
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$4,242
mls© NumberX14096764
Listed ByENGEL & VOLKERS OTTAWA
Heat Included
Water Included
Building Insurance Included
CAC Included
Common Elements Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,457
Property tax
$354
Heat allowance
$150
Condo fees, half counted
$424
Housing costs
$3,384 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $96,000
25-yr amortization

Income needed

$104,000

gross annual household income

Payment at 4%
$2,020 / mo
Cash down
$96,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Values and trends

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