30 photos


$245,000
ActiveAbout this Property
Exceptional investment opportunity in this spacious and beautifully updated 2-bedroom, 1-bathroom condo offering nearly 1025 sq. ft. of interior living space - one of the largest layouts in the building. This stunning unit features an impressive 35-foot private balcony with breathtaking views, perfect for enjoying morning coffee or evening sunsets over the city skyline. Inside, you'll find gorgeous luxury vinyl plank flooring throughout, recessed pot lighting, a dramatic stacked stone feature wall in the living room, and a modernized kitchen with white cabinetry and a contemporary tile backsplash.This property has been a successful rental since the date of purchase and is currently tenant occupied on a month-to-month basis. Long-standing, responsible tenants are currently paying $2,100/month, which includes one underground parking space (Upper Level, Spot #12). Tenants are responsible for their own hydro and Wi-Fi. This is a truly turnkey investment - simply take ownership and continue collecting rent from day one.Whether you're looking to grow your investment portfolio, plan for retirement, or set up a young professional or family in a well-connected community, this property checks every box. The building offers excellent amenities including a well-maintained indoor pool, elevators with no stairs to building entrances, and an on-site management office. Commuting is effortless with quick access to transit and the 417, plus Loblaws and local shops right across the street. Please note pets permitted (service animals excepted as required by law). 24-hour notice required for all showings.
Listed by ROYAL LEPAGE INTEGRITY REALTY · MLS# X13131396
About Vanier
Vanier is a compact urban neighbourhood located just east of the Rideau River from downtown Ottawa, undergoing a significant revitalization that has caught the attention of savvy buyers, investors, and first-time homeowners looking for affordable central living with strong appreciation potential. Once a separate francophone municipality before amalgamation, Vanier retains a distinctive French-Canadian cultural identity while embracing the multicultural diversity that has become one of its defining characteristics.
Features & Details
Property details of 1505 - 158A Mcarthur Avenue, Ottawa, ON
Market Insights for Condo Apartment in Vanier
Based on 118 sales in the last 90 days
Buyer’s Market
Properties are sitting longer (avg 52 days). Buyers have more negotiating power and time to decide.
New Listings
118
Avg Days on Market
52 days
Avg Price/Sq Ft
$407
Location
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Cash Flow Analysis
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Akash Sharma
REALTOR® · Ali Realty Group Inc.
Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.
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