Did someone say luxury 2 story condo with 2 parking spaces, 4 storage lockers, natural gas bbq line, private terrace, ample unit storage, floor to ceiling wine cellar, south facing natural lighting, electric blinds, designer finishings AND conveniently located off Elgin. You heard right! This incredible 2 + den condo with 2.5 bathrooms does not fall short in your luxury condo expectations. Don't settle when you can have your cake and eat it too, with close proximity to shops, dining and local experiences, all conveniently steps away from your front door on Elgin, parliament hill, Rideau canal, Otrain, and much more for you to discover. This building offers unique exclusivity, with only 20 units available in the building. With convenient court yard access to amenities such as a gym, pool, sauna, change rooms, party room, bbqs and more including guest suites and roof top terrace with panoramic city views and parliament.Dont wait, schedule a viewing today.
2 bedrooms, 2 bathrooms, about 1,400 sq ft, works out to roughly $714 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 197 Lisgar St #218
Every detail from the listing, in one place.
Type
Condo
Style
2-Storey
Living space
1400-1599 sq ftas stated on the listing
Parking
2 spacesYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
2
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Condo Apartment
197 Lisgar St #218 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14159580$999,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 197 Lisgar St #218 Compares to the Ottawa Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,908
/mo
based on the purchase price of $999,000
$199,800 cash
$799,200 financed
$673,136 total interest
Principal54%$799,200
Interest46%$673,136
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Ottawa
Other 2-bed homes for sale in Ottawa around $999K.
Average days on market42Homes sold in about 42 days on average.
Sale-to-list ratio96.9%On average, homes sold below asking.
Active listings229Homes for sale here right now.
Median vs prior 90 days−0.6%Compared with May 11 – Aug 9, 2026: prices down.
Based on 128 sales from Aug 9 – Nov 7, 2026 (116 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 197 Lisgar St #218
How much is 197 Lisgar St #218 listed for?
197 Lisgar St #218 is listed at $999,000 (MLS® X14159580). Summitly updates the price as soon as the MLS® record changes.
Is $999,000 a good price for 197 Lisgar St #218?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Ottawa. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 197 Lisgar St #218 changed?
No — 197 Lisgar St #218 is still listed at its original asking price of $999,000.
How many bedrooms and bathrooms does 197 Lisgar St #218 have?
197 Lisgar St #218 has 2 bedrooms and 2 bathrooms, with about 1,400–1,599 square feet of living space. It is a condo in Ottawa.
How much would the monthly mortgage be on 197 Lisgar St #218?
About $4,908 a month — principal and interest on $999,000 with 20% down ($199,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 197 Lisgar St #218 compare with other homes in Ottawa?
Its asking price of $999,000 is about 129% above the median sold price in Ottawa over the last 90 days, $436,000, across 128 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 197 Lisgar St #218 been sold before?
Summitly has no earlier MLS® sale or lease of 197 Lisgar St #218 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 197 Lisgar St #218?
197 Lisgar St #218 is in Ottawa, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 197 Lisgar St #218 been on the market?
1 day — 197 Lisgar St #218 was listed on November 6, 2026.
What is the price per square foot of 197 Lisgar St #218?
About $625 to $714 per square foot: the asking price of $999,000 over the 1,400–1,599 sq ft the listing gives as its size range.
Does 197 Lisgar St #218 have parking or a garage?
Yes — the listing gives 2 parking spaces. Garage: Yes.
Does 197 Lisgar St #218 have a basement, and is it finished?
The listing says 197 Lisgar St #218 has no basement.
