475 Laurier Ave W #1601 is a 2-bedroom, 1-bathroom condo in Ottawa, listed for $309,900. It has 900-999 sq ft of living space.
1Welcome to 475 Laurier Avenue West, Unit 1601.
2This meticulously maintained unit features hardwood floors throughout and a functional open-concept layout with real room for a dining table, full living area, and work-from-home setup.
3The private balcony looks out over east-facing city views.
Welcome to 475 Laurier Avenue West, Unit 1601. This 2-bedroom, 1-bathroom condo sits on the 16th floor in the heart of downtown Ottawa. This meticulously maintained unit features hardwood floors throughout and a functional open-concept layout with real room for a dining table, full living area, and work-from-home setup. The private balcony looks out over east-facing city views. Both bedrooms are well sized, with the second flexible as either a guest room or home office depending on your needs. The unit is equipped with an in-suite washer/dryer hookup so you can add your own machine and skip the shared laundry room, and an underground parking spot helps you avoid the worst of winter. With unparalleled walkability, you're just steps from Parliament Hill, Lyon LRT station, LeBreton Flats, the Ottawa River pathways, and the restaurants and shops of downtown. This home is a great fit for first-time buyers, professionals, downsizers, or investors.
2 bedrooms, 1 bathroom, about 900 sq ft, works out to roughly $344 per square foot. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 475 Laurier Ave W #1601
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
900-999 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
475 Laurier Ave W #1601 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14030334$309,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 475 Laurier Ave W #1601 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
$1,522
/mo
based on the purchase price of $309,900
$61,980 cash
$247,920 financed
$208,814 total interest
Principal54%$247,920
Interest46%$208,814
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 1–2 bed homes for sale in Ottawa around $310K.
Average days on market43Homes sold in about 43 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings252Homes for sale here right now.
Median vs prior 90 days+3.0%Compared with Apr 17 – Jul 16, 2026: prices up.
Based on 142 sales from Jul 16 – Oct 14, 2026 (106 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
7 for sale at 475 Laurier Ave W — plus its sale and lease history.
475 Laurier Ave W #1601 is listed at $309,900 (MLS® X14030334). Summitly updates the price as soon as the MLS® record changes.
Is $309,900 a good price for 475 Laurier Ave W #1601?
Summitly rates it Excellent Deal: the asking price is 10% or more below 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 475 Laurier Ave W #1601 changed?
No — 475 Laurier Ave W #1601 is still listed at its original asking price of $309,900.
How many bedrooms and bathrooms does 475 Laurier Ave W #1601 have?
475 Laurier Ave W #1601 has 2 bedrooms and 1 bathroom, with about 900–999 square feet of living space. It is a condo in Ottawa.
Is 475 Laurier Ave W #1601 close to transit?
The nearest rapid-transit station is Lyon Station (O-Train Line 1), about 270 m (about a 3-minute walk) in a straight line. Parliament Station is about 690 m (about a 9-minute walk), and Pimisi Station is about 760 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 475 Laurier Ave W #1601?
About $1,522 a month — principal and interest on $309,900 with 20% down ($61,980), 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 475 Laurier Ave W #1601 compare with other homes in Ottawa?
Its asking price of $309,900 is about 32% below the median sold price in Ottawa over the last 90 days, $452,500, across 142 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 475 Laurier Ave W #1601 been sold before?
Summitly has no earlier MLS® sale or lease of 475 Laurier Ave W #1601 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 475 Laurier Ave W #1601?
475 Laurier Ave W #1601 is in Ottawa, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 475 Laurier Ave W #1601 been on the market?
475 Laurier Ave W #1601 was listed today (October 14, 2026).
What is the price per square foot of 475 Laurier Ave W #1601?
About $310 to $344 per square foot: the asking price of $309,900 over the 900–999 sq ft the listing gives as its size range.
Does 475 Laurier Ave W #1601 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
