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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X13723058For SaleCondominium

408-201 Parkdale Ave

Mechanicsville, Ottawa, Ontario K1Y 1E8

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408-201 Parkdale Ave, Ottawa, photo 1
Asking$274,900
Bedrooms
1
Bathrooms
1
Size
500–599sq ft
Per sq ft
$500at the range’s middle
Tax a year
$3,2382026 tax year
Built
11-15
Parking
0none
Days on market
Members

The brief

About 408-201 Parkdale Ave

408-201 Parkdale Ave is a 1-bedroom, 1-bathroom condo in Mechanicsville, Ottawa, listed for sale at an asking price of $274,900 (MLS® X13723058).

OPEN HOUSE: Sunday, October 25th from 2-4 p.m. Welcome to this thoughtfully designed 1-bedroom, 1-bathroom condominium that combines modern finishes with an efficient, functional layout. Thoughtfully planned to make the most of every square foot, this bright and inviting home features an open-concept living space enhanced by impressive floor-to-ceiling windows that fill the interior with natural light and showcase the surrounding views. A large private balcony extends the living area, providing an ideal space to relax or entertain outdoors. The contemporary kitchen features quartz countertops, sleek cabinetry, and practical workspace, while the stylish bathroom is finished with matching quartz surfaces and modern fixtures. The well-designed bedroom offers a comfortable retreat, and a recently installed heat pump (approximately $5,000) adds year-round comfort and value. Residents of SoHo Parkway enjoy an impressive selection of hotel-inspired amenities, including a fitness centre, concierge service, a boardroom, and a private theatre/media room. The rooftop terrace features a hot tub, sun deck, BBQ and outdoor kitchen with views of the Ottawa River and downtown skyline. Located within walking distance of the Tunney's Pasture LRT Station, Kichi Zibi Mikan pathway, Parkdale Market and the boutiques, cafés, and acclaimed restaurants of Hintonburg and Wellington West - including local favourites such as Supply and Demand, Braumeister Bierhalle, and Elmdale Tavern - this condo offers convenient, low-maintenance living in one of Ottawa's most vibrant neighbourhoods. An excellent opportunity for first-time buyers, professionals, downsizers, or investors alike.

Insights

  • Condition Score

    Fair

    4 condition-related facts documented

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

  • Cashflow Quality

    Near break-even

    −$65/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 156 condos with 1 bedroom for lease in Ottawa right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$3,238 / 2026
MLS® number
X13723058
Board
TRREB MLS®
Property Type
Condo Apt
Building Age
11-15
Days on market
Size
500-599 sqft
Listed on
Parking
None, 0 Parking
Listing brokerage: RE/MAX HALLMARK REALTY GROUPData 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
Condo Apt
Style
1 Storey/Apt
Community
Mechanicsville
Municipality
Ottawa

Building

Size
500-599 sqft
Building Age
11-15
Construction
Brick

Inside

Bedrooms
1
Bathrooms
1
Bathroom Details
1 × 4pc Main
Basement Type
None
Kitchens
1

Parking

Garage Type
None
Additional Parking
0
Total Parking
0

Utilities

Cooling
Central Air
Heating Type
Heat Pump

Additional

Foundation
Concrete
Fireplace
No
Den
No
Family room
No
Extras
Refrigerator, Stove, Dishwasher, Washer, Dryer, Light Fixtures
Condo maint.
$690

Rooms

RoomSizeFeaturesLevel
Primary2.71 × 2.92 m—Main
Foyer1.18 × 1.88 m—Main
Living3.9 × 4.05 m—Main
Bathroom1.52 × 2.56 m—Main
Kitchen1.86 × 3.87 m—Main

Listing history

Buy/sell history for 408-201 Parkdale Ave, 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$274,900N/AFor SaleX13723058

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

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $54,980

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
$54,980
Total mortgage amount
$219,920
Total interest payment
$156,580
Total purchase cost
$431,480
Mortgage payment
$1,255/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

24%

Monthly carrying cost

$2,215
−$65per month
  • Rent $2,150
  • Shortfall $65

Rental income opens at $2,150, the median asking rent of 156 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
$2,599
Total land transfer tax
$2,599
First-time buyer rebates (Ontario up to $4,000)
−$2,599
Total for first-time buyers
$0
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 $274,900
$374
Ontario total
$2,599

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

Land and environment

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

17 records · 10 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 mBedrock about 1.5 m down nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 8.4 kmNearest rail line: 850 mA trail on the Ontario trail network within 1 kmTransit stop within 400 mNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 m1 facility within 1 km reports pollutant releases to Environment Canada12 federal contaminated sites within 1 kmElectricity is distributed here by Hydro Ottawa LimitedWired internet 50/10 Mbps or faster is listed at a household 40 m awayAcross 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 m10 test or monitoring holes also recorded.250 m
  • Bedrock about 1.5 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m

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

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • Nearest airport: 8.4 km8.4 km

Province of Ontario open data

Around the home3

  • Nearest rail line: 850 m850 m
  • Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 160 m away. Routes and stops change; check the agency’s schedule.400 m
  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data · Municipal transit open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Public Works and Government Services Canada — Tunney's Pasture Central Heating and Cooling Plant, 430 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
  • 12 federal contaminated sites within 1 km10 still active or suspected; the rest are closed. The federal inventory covers federal land only, not 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 Ottawa LimitedAt the address
  • Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: OmniTEC Wireless, PioneerWireless, Rogers, Storm Internet, 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

Condos for sale in Mechanicsville right now

For sale now
13
Median asking price
$290K

Middle half: $275K to $440K

New in 7 days
1

1 in 28 days

Price cuts
46%

6 listings

This home is asking 5% below the median.

See all homes in Mechanicsville

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

Transit nearby

StationLinesDistance
Tunney's PastureOC Transpo light rail: O-Train Line 1450 m
BayviewOC Transpo light rail: O-Train Line 1, O-Train Line 2800 m
Corso ItaliaOC Transpo light rail: O-Train Line 21.5 km
PimisiOC Transpo light rail: O-Train Line 11.7 km
WestboroOC Transpo bus rapid transit: Transitway2 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 Saint-François-d'AssiseConseil des écoles catholiques du Centre-EstFrench-language Catholic · grades JK–6800 m82%Grade 6 average
Connaught Public SchoolOttawa-Carleton DSBPublic · grades JK–6 · French Immersion800 m87%Grade 6 average
Devonshire Community Public SchoolOttawa-Carleton DSBPublic · grades JK–6 · French Immersion1 km85%Grade 6 average
St George Elementary SchoolOttawa Catholic School BoardCatholic · grades JK–6 · French Immersion1.2 km88%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
École secondaire catholique Saint-Jean-BaptisteConseil des écoles catholiques du Centre-EstFrench-language Catholic · grades 9–121.9 km—
Urban Aboriginal Alternate High SchoolOttawa-Carleton DSBPublic · grades 9–12 · French Immersion2.3 km—
Richard Pfaff Secondary Alternate SiteOttawa-Carleton DSBPublic · grades 9–12 · French Immersion2.4 km—
Notre Dame High SchoolOttawa Catholic School BoardCatholic · grades 9–12 · French Immersion3.6 km55%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 Mechanicsville are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record