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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X14122274For SaleFreehold Townhouse

140 Lerta Way

Avalon West, Ottawa, Ontario K4A 0W5

Map
1 / 30
140 Lerta Way, Ottawa, photo 1
Asking$559,800
Bedrooms
3
Bathrooms
3
Size
1,500–2,000sq ft
Per sq ft
$320at the range’s middle
Lot
20.32 x 104.84 ft
Tax a year
$4,1032026 tax year
Parking
31 built-in
Days on market
Members

The brief

About 140 Lerta Way

140 Lerta Way is a 3-bedroom, 3-bathroom freehold townhouse in Avalon West, Ottawa, listed for sale at an asking price of $559,800 (MLS® X14122274).

INCREDIBLE VALUE AT AN AMAZING PRICE! Don't miss this fantastic opportunity to own a beautifully maintained 3-bedroom FREEHOLD townhome with NO POTL fees! Offering the perfect blend of comfort, style, and functionality, this home features a bright open-concept main floor with hardwood flooring, a cozy gas fireplace, and spacious living and dining areas. The updated kitchen boasts extended cabinetry, ample counter space, and a breakfast bar, while the living area offers a walkout to a sun-filled backyard, perfect for entertaining. Upstairs features three generously sized bedrooms, including a spacious primary suite with a walk-in closet and spa-inspired ensuite with soaker tub. The partially finished basement provides additional living space with a large egress window, electric fireplace, and plenty of storage. Conveniently located close to schools, parks, shopping, restaurants, transit, and major highways. AN EXCEPTIONAL OPPORTUNITY FOR FIRST-TIME BUYERS, FAMILIES, AND INVESTORS! Fantastic price, freehold ownership, and incredible value!

Insights

  • Condition Score

    Good

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Near break-even

    −$196/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 157 townhouses with 3 bedrooms for lease in Ottawa right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$4,103 / 2026
MLS® number
X14122274
Board
TRREB MLS®
Property Type
Att/Row/Twnhouse
Days on market
Size
1500-2000 sqft
Lot Size
20.32 x 104.84 ft
Listed on
Parking
1 Built-In, 3 Parking
Listing brokerage: RE/MAX WEST REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Att/Row/Twnhouse
Style
2-Storey
Community
Avalon West
Municipality
Ottawa

Building

Size
1500-2000 sqft
Construction
Brick

Inside

Bedrooms
3
Bathrooms
3
Bathroom Details
1 × 2pc Main, 2 × 4pc 2nd
Basement Type
Partly Finished
Kitchens
1

Parking

Driveway
Private
Garage Type
Built-In
Garage
1
Additional Parking
2
Total Parking
3

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
20.32 ft
Depth
104.84 ft
Lot Size
20.32 x 104.84 ft

Additional

Foundation
Concrete
Roof
Asphalt Shingle
Fireplace
Yes
Pool
None
Den
No
Family room
No
Extras
All appliances, existing light fixtures and existing window coverings.

Rooms

Room details unavailable

The listing source did not provide room-level measurements or features.

Listing history

Buy/sell history for 140 Lerta Way, Ottawa, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$559,800N/AFor SaleX14122274

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $111,960

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$111,960
Total mortgage amount
$447,840
Total interest payment
$318,360
Total purchase cost
$878,160
Mortgage payment
$2,554/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

26%

Monthly carrying cost

$2,896
−$196per month
  • Rent $2,700
  • Shortfall $196

Rental income opens at $2,700, the median asking rent of 157 comparable homes for lease in Ottawa. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$7,671
Total land transfer tax
$7,671
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$3,671
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $559,800
$3,196
Ontario total
$7,671

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Lot

Lot area
2,130 sq ft198 m²
Street frontage
20.32 ft6.2 m
Depth
104.84 ft32 m
20.32 × 104.84 ftLERTA WAY

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

15 records · 6 on fileRead 2026-11-03
250 m500 m1 km2 kmBeyond · area-wideNot in Rideau Valley Conservation Authority’s mapped regulated areaNot in the municipality’s mapped flood areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mGroundwater recorded about 1.8 m below ground nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasTransit stop within 400 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Hydro One Networks Inc.Wired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation5

  • Not in Rideau Valley Conservation Authority’s mapped regulated areaAt the address
  • Not in the municipality’s mapped flood areaAt the address
  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m250 m
  • Groundwater recorded about 1.8 m below ground nearbyThe middle water level in the well records within 500 m (8 records). It changes with the season and from spot to spot.500 m

Rideau Valley Conservation Authority · Municipal flood mapping · Province of Ontario open data

Planning and building activity1

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address

Province of Ontario open data

Around the home2

  • Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 180 m away. Routes and stops change; check the agency’s schedule.400 m
  • A trail on the Ontario trail network within 1 km1 km

Municipal transit open data · Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaOnly facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Hydro One Networks Inc.At the address
  • Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Xplore. Mobile: Bell, Rogers, Telus, Vidéotron. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Rideau Valley Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Ottawa. Contains information licensed under the Open Government Licence – Ontario.

The market

Townhouses for sale in Avalon West right now

For sale now
17
Median asking price
$585K

Middle half: $550K to $600K

New in 7 days
0

9 in 28 days

Price cuts
35%

6 listings

This home is asking 4% below the median.

See all homes in Avalon West

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Map and tour

Transit nearby

StationLinesDistance
MillenniumOC Transpo bus rapid transit: Transitway3.3 km
Chapel HillOC Transpo bus rapid transit: Transitway3.6 km
Place d'OrléansOC Transpo bus rapid transit: Transitway3.9 km
Orléans Park & RideOC Transpo bus rapid transit: Transitway4 km
TrimOC Transpo bus rapid transit: Transitway4.8 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: OC Transpo schedule data (GTFS) from the City of Ottawa under the Open Government Licence – City of Ottawa, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – City of Ottawa.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
École élémentaire catholique Notre-PlaceConseil des écoles catholiques du Centre-EstFrench-language Catholic · grades JK–6600 m79%Grade 6 average
École élémentaire catholique Alain-FortinConseil des écoles catholiques du Centre-EstFrench-language Catholic · grades JK–61.1 km91%Grade 6 average
St. Dominic Catholic Elementary SchoolOttawa Catholic School BoardCatholic · grades JK–6 · French Immersion1.3 km81%Grade 6 average
Avalon Public SchoolOttawa-Carleton DSBPublic · grades JK–6 · French Immersion1.7 km63%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
École secondaire catholique Mer BleueConseil des écoles catholiques du Centre-EstFrench-language Catholic · grades 9–122.2 km75%Grade 9 math
Sir Wilfrid Laurier Secondary SchoolOttawa-Carleton DSBPublic · grades 9–12 · French Immersion2.5 km58%Grade 9 math
St Peter High SchoolOttawa Catholic School BoardCatholic · grades 9–12 · French Immersion2.6 km50%Grade 9 math
École secondaire catholique Béatrice-DeslogesConseil des écoles catholiques du Centre-EstFrench-language Catholic · grades 9–122.8 km68%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Avalon West are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record