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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X13788542For SaleCondominium

1706-500 Laurier Ave

Ottawa Centre, Ottawa, Ontario K1R 5E1

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1706-500 Laurier Ave, Ottawa, photo 1
Asking$482,000
Bedrooms
2
Bathrooms
2
Size
1,000–1,199sq ft
Per sq ft
$438at the range’s middle
Tax a year
$3,3872026 tax year
Parking
11 underground
Days on market
Members

The brief

About 1706-500 Laurier Ave

1706-500 Laurier Ave is a 2-bedroom, 2-bathroom condo in Ottawa Centre, Ottawa, listed for sale at an asking price of $482,000 (MLS® X13788542).

Open House - October 18th, 2-4 p.m. Wow...not even the smallest detail was overlooked when this unit was updated. Renovated kitchen, bathrooms, floors, lighting, baseboards and trim, closets and appliances. This two-bedroom, two-bath, light-filled condo has undergone a transformation. Removing the wall between the kitchen and living room creates an open layout with a breakfast bar for 4. High end finishes include granite counters, a glass backsplash and cherry kitchen cupboards with pot drawers. Recessed lighting, high end stainless steel appliances and an abundance of counter space. Matching custom build cabinets in living room. Beautiful mid-tone walnut plank floors in main living areas and very durable tile in high traffic areas. Luxury en-suite bath features a glass wall shower and beautiful stone tile surround. Heat your towels in either bathroom with modern towel warmers. Family bath features a granite topped vanity, a relaxing soaker tub and beautiful stone tile floors. All closets feature matching modern shaker style doors and organizers. The large balcony is great for entertaining. Parking space 62. Building amenities include a large recreational area (lounge) with comfortable sofas, chairs, tables and WIFI. Also an indoor pool and hot tub with oversize adjacent patio. A sauna, library, gardens, games room, a guest suite and visitor parking. 24/7 security and live-in superintendent. Very active social committee with Trivia night, Euchre and Board Game night to name a few. It is close to transit, restaurants, bike paths and LeBreton Flats. 36 hour irrevocable on all offers. Some photos are virtually staged. Parking B2 #62

Insights

  • Condition Score

    Good

    2 documented update signals

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

  • Cashflow Quality

    Shortfall

    −$895/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 14 condos with 2 bedrooms for lease in Ottawa Centre 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
$3,387 / 2026
MLS® number
X13788542
Board
TRREB MLS®
Property Type
Condo Apt
Days on market
Size
1000-1199 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: ROYAL LEPAGE PERFORMANCE REALTYData 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
Apartment
Community
Ottawa Centre
Municipality
Ottawa

Building

Size
1000-1199 sqft
Construction
Concrete Poured

Inside

Bedrooms
2
Bathrooms
2
Bathroom Details
1 × 4pc Main, 1 × 3pc Main
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Heat Pump

Additional

Fireplace
No
Den
No
Family room
No
Extras
Refrigerator, stove, microwave/hood fan, washer, dryer, blinds
Condo maint.
$839

Rooms

RoomSizeFeaturesLevel
Living3.58 × 5.89 m—Main
Dining2.69 × 3.66 m—Main
Kitchen3.3 × 3.68 m—Main
Primary3.3 × 3.35 m—Main
Br2.57 × 2.92 m—Main
Bathroom1.29 × 1.95 m—Main
Br1.35 × 2.44 m—Main

Listing history

Buy/sell history for 1706-500 Laurier 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$482,000N/AFor SaleX13788542

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

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $96,400

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
$96,400
Total mortgage amount
$385,600
Total interest payment
$274,100
Total purchase cost
$756,100
Mortgage payment
$2,199/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

53%

Monthly carrying cost

$3,320
−$895per month
  • Rent $2,425
  • Shortfall $895

Rental income opens at $2,425, the median asking rent of 14 comparable homes for lease in Ottawa Centre. 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
$6,115
Total land transfer tax
$6,115
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$2,115
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 $482,000
$1,640
Ontario total
$6,115

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 market

Condos for sale in Ottawa Centre right now

For sale now
127
Median asking price
$430K

Middle half: $346K to $522K

New in 7 days
10

46 in 28 days

Price cuts
25%

32 listings

This home is asking 12% above the median.

See all homes in Ottawa Centre

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
LyonOC Transpo light rail: O-Train Line 1300 m
PimisiOC Transpo light rail: O-Train Line 1700 m
ParliamentOC Transpo light rail: O-Train Line 1750 m
Corso ItaliaOC Transpo light rail: O-Train Line 21.4 km
Lycée ClaudelOC Transpo bus rapid transit: Transitway3.3 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
Centennial Public SchoolOttawa-Carleton DSBPublic · grades JK–8 · French Immersion50 m64%Grade 6 average
Cambridge Street Community Public SchoolOttawa-Carleton DSBPublic · grades JK–6 · French Immersion850 m54%Grade 6 average
St Anthony Elementary SchoolOttawa Catholic School BoardCatholic · grades JK–6 · French Immersion1.1 km86%Grade 3 average
École élémentaire catholique Coeur d'OttawaConseil des écoles catholiques du Centre-EstFrench-language Catholic · grades JK–82 km100%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Urban Aboriginal Alternate High SchoolOttawa-Carleton DSBPublic · grades 9–12 · French Immersion150 m—
École secondaire catholique Saint-Jean-BaptisteConseil des écoles catholiques du Centre-EstFrench-language Catholic · grades 9–12600 m—
Richard Pfaff Secondary Alternate SiteOttawa-Carleton DSBPublic · grades 9–12 · French Immersion700 m—
Immaculata High SchoolOttawa Catholic School BoardCatholic · grades 9–12 · French Immersion2 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 Ottawa Centre are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record