340 Queen St #1101, Ottawa

Name: 340 Queen Street, Unit 1101
SKU: X12817032
Price: 610000 CAD
Availability: InStock

2 Bed, 2 Bath Condo in Ottawa

Unit 1101 at 340 Queen Street

*ONE UNDERGROUND PARKING INCLUDED* Welcome to this newly built upgraded 2-bedroom, 2-bathroom condominium offering the perfect combination of modern design, comfort, and convenience. Ideally located in the heart of Ottawa with direct access to the LRT , this residence is just steps from shops, restaurants, and even features a Food Basics grocery store right on site for everyday essentials. Inside, you'll find a bright open-concept layout with sleek finishes and contemporary style throughout. The spacious primary bedroom includes a beautiful 4-piece ensuite, while a second 3-piece bathroom serves guests and the main living space. Residents enjoy access to exceptional building amenities including 24/7 concierge and security, a fully equipped fitness centre, indoor pool, party and meeting lounge, media and exercise rooms, and elevator access throughout. A fantastic opportunity to enjoy modern condo living in an unbeatable location.

2 bedrooms, 2 bathrooms, about 800 sq ft, works out to roughly $763 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 340 Queen St #1101

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 800-899 sq ftas stated on the listing
Parking: 1 space
Basement: None

Features & systems

Parking & garage

Parking spaces: 1

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

340 Queen St #1101 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

—ReducedPrice reducedThis listingMLS® X12817032−$39,000 (6.0%)$610,000
Feb 24, 2026For saleListedThis listingMLS® X12817032$649,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 340 Queen St #1101 Compares to the Ottawa Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 240 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Ottawa market, last 90 days

Median sold price: $436,000
Average sold price: $564,213
Average days on market: 42
Homes sold: 128

Closed sales on the TRREB MLS®.

Full Ottawa market report

Market pulse · Ottawa

Ottawa market

Median sold price$436,000Last 90 days
Average days on market42Homes sold in about 42 days on average.
Sale-to-list ratio96.9%On average, homes sold below asking.
Active listings233Homes for sale here right now.
Median vs prior 90 days−0.6%Compared with May 10 – Aug 8, 2026: prices down.

Based on 128 sales from Aug 8 – Nov 6, 2026 (116 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Ottawa

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 1101 — 340 Queen Street 2 bd · 2 ba · 800 sqft	$610,000asking	$763	—	—
470 Laurier Avenue 1 bd · 1 ba · 900 sqft
349 Mcleod Street 1 bd · 1 ba · 700 sqft
138 Somerset Street 1 bd · 1 ba · 600 sqft
570 Laurier Avenue 1 bd · 1 ba · 700 sqft
428 Sparks Street 1 bd · 1 ba · 600 sqft
530 Laurier Avenue 2 bd · 2 ba · 1,000 sqft

470 Laurier Avenue
1 bd · 1 ba · 900 sqft
349 Mcleod Street
1 bd · 1 ba · 700 sqft
138 Somerset Street
1 bd · 1 ba · 600 sqft
570 Laurier Avenue
1 bd · 1 ba · 700 sqft
428 Sparks Street
1 bd · 1 ba · 600 sqft
530 Laurier Avenue
2 bd · 2 ba · 1,000 sqft

More in this building

9 for sale · 2 for rent at 340 Queen St — plus its sale and lease history.

See all of 340 Queen St

Living in Ottawa: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Lyon StationO-Train Line 180 m1 min walk
Parliament StationO-Train Line 1580 m7 min walk
Pimisi StationO-Train Line 1840 m10 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Lyon Station (O-Train Line 1)1 min walk
Parliament Station (O-Train Line 1)7 min walk
Pimisi Station (O-Train Line 1)10 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Lyon Station
80 m1 minClosest· O-Train Line 1
Homes near Lyon Station
Parliament Station
580 m7 min· O-Train Line 1
Homes near Parliament Station
Pimisi Station
840 m10 min· O-Train Line 1
Homes near Pimisi Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 340 Queen St #1101. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 340 Queen St #1101

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $2,997; 20% down · 25 years · 5.5% assumed
Property tax: $336; 0.66% mill rate · ON
Total per month: $3,333; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$2,997

/mo

based on the purchase price of $610,000

Down payment20%

$122,000 cash

Amortization25 yr

$488,000 financed

Rate5.50%

$411,024 total interest

Principal54%$488,000

Interest46%$411,024

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

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.

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Questions About 340 Queen St #1101

How much is 340 Queen St #1101 listed for?

340 Queen St #1101 is listed at $610,000 (MLS® X12817032). Summitly updates the price as soon as the MLS® record changes.

Is $610,000 a good price for 340 Queen St #1101?

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 340 Queen St #1101 changed?

Yes — it was first listed at $649,000 and is now $610,000, a drop of $39,000 (6.0%).

How many bedrooms and bathrooms does 340 Queen St #1101 have?

340 Queen St #1101 has 2 bedrooms and 2 bathrooms, with about 800–899 square feet of living space. It is a condo in Ottawa.

Is 340 Queen St #1101 close to transit?

The nearest rapid-transit station is Lyon Station (O-Train Line 1), about 80 m (about a 1-minute walk) in a straight line. Parliament Station is about 580 m (about a 7-minute walk), and Pimisi Station is about 840 m (about a 10-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 340 Queen St #1101?

About $2,997 a month — principal and interest on $610,000 with 20% down ($122,000), 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 340 Queen St #1101 compare with other homes in Ottawa?

Its asking price of $610,000 is about 40% 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 340 Queen St #1101 been sold before?

Summitly has no earlier MLS® sale or lease of 340 Queen St #1101 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 340 Queen St #1101?

340 Queen St #1101 is in Ottawa, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 340 Queen St #1101 been on the market?

255 days — 340 Queen St #1101 was listed on February 24, 2026.

What is the price per square foot of 340 Queen St #1101?

About $679 to $763 per square foot: the asking price of $610,000 over the 800–899 sq ft the listing gives as its size range.

Does 340 Queen St #1101 have parking or a garage?

Yes — the listing gives 1 parking space.

What you should know