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BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSX9302070
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Property Description
Experience luxury and convenience in this spacious 1-bedroom PLUS den condo at The Residences, one of Ottawa's most prestigious addresses. Step inside this high floor unit with soaring 9-foot ceilings, an open-concept kitchen features quartz countertops, a breakfast bar, and ample cabinetry. The airy living space boasts high-quality flooring and large windows throughout, while the den offers a perfect home office or additional seating space with city views. The sleek bathroom exudes tranquility and luxury. This unit includes in-suite laundry, central air,1 UNDERGROUND PARKING SPACE, and 1 STORAGE LOCKER. "The Residences" offers you: Fitness Centre, Saunas,Theatre, Games and Party Room, Pet Spa, Car Wash Bay, the Sky Lounge, concierge services (dry cleaning and tailor,driver, housekeeper) and more! Located steps from Parliament Hill, Byward Market, University of Ottawa and the LRT enjoy the absolute best of downtown living!
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Extras
All Appliances: Built/In Oven, Cooktop, Dryer, Microwave/Hood Fan, Refrigerator, Washer, Wine Fridge, Air Exchanger, Auto Garage Door
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$639 (2023)
Basement
None
Exterior
Concrete, Metal/Side
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 10.50' x 14.99' | |
| Living | Main | 10.99' x 12.01' | |
| Den | Main | 6.00' x 10.01' | |
| Br | Main | 10.50' x 12.99' | |
| Bathroom | Main | 5.61' x 8.40' | 4 Pc Bath |
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Ottawa Market Statistics
Ottawa Price Trend
101 Queen St 1501 is a 1-bedroom 1-bathroom condo listed for sale at $499,000, which is $209,000 (72.1%) higher than the average sold price of $290,000 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 1 bedroom condo in Ottawa declined by $10,000 (3.3%) compared to the previous 30 day period (July 17 - August 15) and down $67,500 (18.9%) from the same time one year ago.Inventory Change
There were 2 1-bedroom condos listed in Ottawa over the last 30 days (August 16 - September 14), which is up ∞ compared with the previous 30 day period (July 17 - August 15) and down 60.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Ottawa typically sold ($19,000) (6.6%) below asking price over the last 30 days (August 16 - September 14), which represents a $225 increase compared to the previous 30 day period (July 17 - August 15) and ($7,400) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Ottawa over the last 30 days (August 16 - September 14) stood at 400.0%, down from ∞ over the previous 30 days (July 17 - August 15) and up from 20.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Ottawa stood at 30 days when successfully sold over the last 30 days (August 16 - September 14), compared to 87 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
Similar Listings
Discover this refreshed two-bedroom condo in the vibrant heart of downtown Ottawa. One of Ottawa's premier residences, complete with round-the-clock security, underground parking garage, exceptional facilities such as an indoor pool, sauna, library, exercise room, games/party room, and bike storage. Situated in Ottawa's bustling business and retail district, you're moments from Parliament, Rideau Centre, Sparks Street, Elgin, and the Glebehome to exquisite dining, shopping, and entertainment options. It's also a short walk or commute to Ottawa and Carleton Universities, surrounded by bike-friendly paths. The apartment is bright and airy, offering a modern Eat In Kitchen along with a combined Living/Dining space with sliding doors to an oversized spacious balcony. High ceilings highlight the expansive feel of this exceptional unit. The large primary bedroom boasts a large closet with still ample room for additional furniture. The second bedroom is perfect as a guest room or home office. Recent updates include new windows, new bathtub and shower, countertops, and vinyl plank flooring throughout. Enjoy the convenience of in-suite laundry, an expansive 35' balcony, utility room for storage as well as an additional exclusive storage unit. It's also an easy walk/commute to Ottawa and Carleton Universities and you're surrounded by bike-friendly roads and trails. Do not miss this opportunity
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