Spacious, upgraded, and full of character in the heart of West Centretown. Welcome to 40 Arthur Street #203 - this beautifully maintained condo offers an exceptional amount of space for downtown living, featuring 2 spacious bedrooms, 1.5 bathrooms, and modern updates throughout. Refinished parquet hardwood floors add warmth and timeless appeal, while large closets throughout provide excellent storage opportunities. The functional U-shaped kitchen boasts custom cabinetry, integrated pantry storage, Miele appliances, a built-in Liebherr refrigerator, Grohe faucet, and colourful Italian ceramic tile flooring. A convenient pass-through connects the kitchen to the living area - perfect for hosting and entertaining. The expansive living and dining area is filled with lots of natural light and offers a functional space for gatherings. A separate, window-surrounded den features tile flooring and a sliding glass door, creating a bright home office or studio. Both bedrooms are generously sized with large closets, and the primary bedroom features a custom accent wall. A full bathroom, as well as convenient powder room round out this condo. Residents at 40 Arthur Street enjoy an exercise room, sauna, library, and shared outdoor spaces. Ideally located steps from trendy Somerset Street restaurants, Chinatown, Little Italy, cafés, parks, bike paths and transit, with downtown offices and everyday amenities nearby. A rare opportunity to enjoy space, character, and thoughtful upgrades in one of Ottawa's most vibrant and walkable neighbourhoods!
2 bedrooms, 1 bathroom, about 1,000 sq ft, works out to roughly $360 per square foot. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 40 Arthur St #203
Every detail from the listing, in one place.
Type
Condo
Style
1 Storey/Apt
Living space
1000-1199 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
Other
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
Other
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 Storey/Apt
Property class
Condo Apartment
40 Arthur St #203 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14129388$359,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 40 Arthur St #203 Compares to the West Centre Town 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
$1,768
/mo
based on the purchase price of $359,900
$71,980 cash
$287,920 financed
$242,504 total interest
Principal54%$287,920
Interest46%$242,504
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.
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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 West Centre Town
Other 1-bed homes for sale in West Centre Town around $360K.
Average days on market37Homes sold in about 37 days on average.
Sale-to-list ratio96.9%On average, homes sold below asking.
Active listings108Homes for sale here right now.
Median vs prior 90 days−16.5%Compared with May 2 – Jul 31, 2026: prices down.
Based on 54 sales from Jul 31 – Oct 29, 2026 (54 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
40 Arthur St #203 is listed at $359,900 (MLS® X14129388). Summitly updates the price as soon as the MLS® record changes.
Is $359,900 a good price for 40 Arthur St #203?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in West Centre Town. 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 40 Arthur St #203 changed?
No — 40 Arthur St #203 is still listed at its original asking price of $359,900.
How many bedrooms and bathrooms does 40 Arthur St #203 have?
40 Arthur St #203 has 2 bedrooms and 1 bathroom, with about 1,000–1,199 square feet of living space. It is a condo in West Centre Town.
Is 40 Arthur St #203 close to transit?
The nearest rapid-transit station is Pimisi Station (O-Train Line 1), about 470 m (about a 6-minute walk) in a straight line. Lyon Station is about 890 m (about a 11-minute walk), and Corso Italia Station is about 950 m (about a 12-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 40 Arthur St #203?
About $1,768 a month — principal and interest on $359,900 with 20% down ($71,980), 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 40 Arthur St #203 compare with other homes in West Centre Town?
Its asking price of $359,900 is about 38% below the median sold price in West Centre Town over the last 90 days, $585,000, across 54 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 40 Arthur St #203 been sold before?
Summitly has no earlier MLS® sale or lease of 40 Arthur St #203 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 40 Arthur St #203?
40 Arthur St #203 is in West Centre Town, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 40 Arthur St #203 been on the market?
40 Arthur St #203 was listed today (October 29, 2026).
What is the price per square foot of 40 Arthur St #203?
About $300 to $360 per square foot: the asking price of $359,900 over the 1,000–1,199 sq ft the listing gives as its size range.
Does 40 Arthur St #203 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.