Sean Kim, Broker - Re/Max Realty One Inc.

$750,000

Available - For Sale

Listing ID: X12087288

330 Loretta Aven South , Dows Lake - Civic Hospital and Area, K1S 4E8, Ottawa

For more info on this property, please click the Brochure button. Welcome to this stunning 952 sq. ft. contemporary 2-bedroom, 2-bathroom condo located on the 7th floor of The Norfolk. This open-concept unit features hardwood flooring throughout, granite countertops, pot lights in the kitchen, and track lighting in the dining area. Enjoy the privacy of a balcony with no direct neighbours and the convenience of a separate laundry room equipped with a high-efficiency washer and dryer. The unit also includes a refrigerator, stove, and microwave, along with a large private storage room just steps from the unit and one heated underground parking space. Central A/C, heating, and water are included in the low condo fees, which are among the most affordable in the area. Currently rented month-to-month until July 1, 2025, this unit presents an excellent investment opportunity. Built in 2010 by Domicile, The Norfolk is a 10-storey, 48-unit building serviced by two elevators. Residents enjoy a beautifully maintained foyer with marble flooring, a cozy sitting area, and a spacious party room with a full kitchen and dining area perfect for entertaining. The building also includes a gym, bicycle storage, and outdoor visitor parking. Located just steps from vibrant Preston Street, you'll find restaurants, cafes, pubs, banks, shops, and entertainment like Absolute Comedy. You're also a short walk to Dow's Lake, the Dominion Arboretum, and the Experimental Farm. The Civic Hospital is just 14 minutes away, with the new Ottawa Hospital under construction across the street. Commuting is easy with multiple OC Transpo stops nearby and the O-Train just a 4-minute walk away, offering direct access to Carleton University, Bayview Station, and the LRT network across Ottawa.

Price	$750,000
Taxes:	$4620.00
Occupancy:	Tenant
Address:	330 Loretta Aven South , Dows Lake - Civic Hospital and Area, K1S 4E8, Ottawa
Postal Code:	K1S 4E8
Province/State:	Ottawa
Directions/Cross Streets:	Carling Avenue

Level/Floor

Room

Length(m)

Width(m)

Descriptions

Room 1

Flat

Primary B

3.81

3.23

Room 2

Flat

Bedroom 2

3.26

3.07

Room 3

Flat

Living Ro

4.36

4.27

Washroom Type

No. of Pieces

Level

Washroom Type 1

Flat

Washroom Type 2

Flat

Washroom Type 3

Washroom Type 4

Washroom Type 5

Total Area:

0.00

Washrooms:	2
Heat Type:	Forced Air
Central Air Conditioning:	Central Air
Elevator Lift:	True

Schools

7 public & 8 Catholic schools serve this home. Of these, 10 have catchments. There are 2 private schools nearby.

Parks & Rec

3 playgrounds, 2 rinks and 5 other facilities are within a 20 min walk of this home.

Transit

Street transit stop less than a 2 min walk away. Rail transit stop less than 1 km away.

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Affordability Chart
Mortgage Calculator

Asking Price:

Heating:

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Interest Rate:

Condo Fee:

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Taxes:

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Other Debt:

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Amortization:

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GDS:

TDS:

Percent Down:
Down Payment	$37,500	$75,000	$112,500	$150,000
First Mortgage	$712,500	$675,000	$637,500	$600,000
CMHC/GE	$28,500	$20,925	$17,850	$0
Total Financing	$741,000	$695,925	$655,350	$600,000
Monthly P&I	$3,656.7	$3,434.26	$3,234.03	$2,960.89
Expenses	$0	$0	$0	$0
Total Payment	$3,656.7	$3,434.26	$3,234.03	$2,960.89
Income Required	$137,126.29	$128,784.9	$121,276.27	$111,033.43

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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Interest Rate:

Amortization :

Years

Payment Frequency

Weekly (52 payment)

Bi-Weekly(26 payment)

Monthly (12 payment)

Accelerated Weekly (52 payment)

Your Payment:

$1,850.56

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Disclosure Statement

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.

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Listing -1 of 0

Sean Kim

Broker

Dir:

416-998-1113

Bus:

905-270-2000

Fax:

905-270-0047

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At a Glance:

Type:	Com - Condo Apartment
Area:	Ottawa
Municipality:	Dows Lake - Civic Hospital and Area
Neighbourhood:	4503 - West Centre Town
Style:	Apartment
Lot Size:	x 0.00()
Approximate Age:
Tax:	$4,620
Maintenance Fee:	$650
Beds:	2
Baths:	2
Garage:	0
Fireplace:	N
Air Conditioning:
Pool: