340 Queen St #701 is a 2-bedroom, 2-bathroom condo in Ottawa, listed for $622,000. It has 800-899 sq ft of living space.
1Welcome to the Atlas model, offering approximately 875 sq ft of well-designed living space with a functional split-bedroom layout, ideal for end users or investors.
2Enjoy your own private balcony and in-suite laundry for everyday convenience.
3Ideal opportunity to own a brand new unit without the wait.
Brand new 2-bedroom, 2-bathroom condo plus parking (EV charging rough in available) in Claridge Moon with balcony, modern finishes, and direct LRT access in the heart of downtown Ottawa, available for immediate occupancy with no HST. Welcome to the Atlas model, offering approximately 875 sq ft of well-designed living space with a functional split-bedroom layout, ideal for end users or investors. The open-concept kitchen, living, and dining area is bright and spacious, complete with quartz or granite counters, stainless steel appliances, and sleek cabinetry.The primary bedroom features a private ensuite, while the second bedroom is perfect for guests, a home office, or roommates. Enjoy your own private balcony and in-suite laundry for everyday convenience. Claridge Moon is one of Ottawa's most connected buildings, with Lyon LRT Station directly at the base, putting the entire city within reach. Residents enjoy premium amenities including an indoor pool, fitness centre, rooftop terrace with BBQs, party lounge, theatre room, concierge service, and more.Located steps to Parliament Hill, the financial district, restaurants, shops, and cafes, this is true downtown living without compromise. Ideal opportunity to own a brand new unit without the wait. Parking included.
2 bedrooms, 2 bathrooms, about 800 sq ft, works out to roughly $778 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.Ask Zara a follow-up
Inside 340 Queen St #701
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
800-899 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
340 Queen St #701 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13881998$622,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 340 Queen St #701 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
$3,056
/mo
based on the purchase price of $622,000
$124,400 cash
$497,600 financed
$419,110 total interest
Principal54%$497,600
Interest46%$419,110
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.
For homeowners nearby
Own a home on Queen Street? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 340 Queen St #701 with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 340 Queen St #701 day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
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 1–2 bed homes for sale in Ottawa around $622K.
Average days on market44Homes sold in about 44 days on average.
Sale-to-list ratio97.1%On average, homes sold below asking.
Active listings270Homes for sale here right now.
Median vs prior 90 days+6.8%Compared with Apr 13 – Jul 12, 2026: prices up.
Based on 149 sales from Jul 12 – Oct 10, 2026 (98 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
16 for sale at 340 Queen St — plus its sale and lease history.
340 Queen St #701 is listed at $622,000 (MLS® X13881998). Summitly updates the price as soon as the MLS® record changes.
Is $622,000 a good price for 340 Queen St #701?
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 #701 changed?
No — 340 Queen St #701 is still listed at its original asking price of $622,000.
How many bedrooms and bathrooms does 340 Queen St #701 have?
340 Queen St #701 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 #701 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 #701?
About $3,056 a month — principal and interest on $622,000 with 20% down ($124,400), 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 #701 compare with other homes in Ottawa?
Its asking price of $622,000 is about 34% above the median sold price in Ottawa over the last 90 days, $465,000, across 149 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 #701 been sold before?
Summitly has no earlier MLS® sale or lease of 340 Queen St #701 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 340 Queen St #701?
340 Queen St #701 is in Ottawa, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 340 Queen St #701 been on the market?
2 days — 340 Queen St #701 was listed on October 8, 2026.
What is the price per square foot of 340 Queen St #701?
About $692 to $778 per square foot: the asking price of $622,000 over the 800–899 sq ft the listing gives as its size range.
Does 340 Queen St #701 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
