Elevated downtown living with spectacular city views! Perched on the 20th floor at the corner of Laurier Avenue West and Bay Street, this bright and spacious 2-bedroom condominium offers an exceptional combination of comfort, convenience, and urban lifestyle. Featuring 866 sq. ft. of thoughtfully designed, carpet-free living space, this inviting residence has been freshly updated and is move-in ready. Recent improvements include professionally primed and painted walls and ceilings throughout, new interior doors, updated electrical, a new stove, and a new range hood. The generous open-concept living and dining area is filled with natural light, while expansive east-facing views provide a beautiful backdrop to everyday living. Two well-proportioned bedrooms, a full bathroom, and ample storage offer flexibility and functionality. Step outside onto your private balcony to enjoy morning coffee overlooking the city skyline. Situated in a well-managed building, residents enjoy convenient amenities including a party/meeting room, shared laundry facilities, and visitor access. Underground parking is included, along with condo fees covering heat, water, and building insurance. Just steps from Parliament Hill, the LRT, LeBreton Flats, Ottawa River pathways, restaurants, cafes, shopping, and everything downtown Ottawa has to offer, this location delivers outstanding walkability and connectivity. Ideal for first-time buyers, professionals, downsizers, or investors seeking an updated property in a prime central location. Immediate possession available! Discover the value of downtown living and book your private showing today.
2 bedrooms, 1 bathroom, about 800 sq ft, works out to roughly $350 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 #2001
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
Partially Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
Partially Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
475 Laurier Ave W #2001 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14154142$280,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 475 Laurier Ave W #2001 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
$1,376
/mo
based on the purchase price of $280,000
$56,000 cash
$224,000 financed
$188,667 total interest
Principal54%$224,000
Interest46%$188,667
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 $280K.
Average days on market42Homes sold in about 42 days on average.
Sale-to-list ratio96.9%On average, homes sold below asking.
Active listings232Homes 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.
More in this building
6 for sale at 475 Laurier Ave W — plus its sale and lease history.
475 Laurier Ave W #2001 is listed at $280,000 (MLS® X14154142). Summitly updates the price as soon as the MLS® record changes.
Is $280,000 a good price for 475 Laurier Ave W #2001?
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 #2001 changed?
No — 475 Laurier Ave W #2001 is still listed at its original asking price of $280,000.
How many bedrooms and bathrooms does 475 Laurier Ave W #2001 have?
475 Laurier Ave W #2001 has 2 bedrooms and 1 bathroom, with about 800–899 square feet of living space. It is a condo in Ottawa.
How much would the monthly mortgage be on 475 Laurier Ave W #2001?
About $1,376 a month — principal and interest on $280,000 with 20% down ($56,000), 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 475 Laurier Ave W #2001 compare with other homes in Ottawa?
Its asking price of $280,000 is about 36% below 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 475 Laurier Ave W #2001 been sold before?
Summitly has no earlier MLS® sale or lease of 475 Laurier Ave W #2001 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 475 Laurier Ave W #2001?
475 Laurier Ave W #2001 is in Ottawa, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 475 Laurier Ave W #2001 been on the market?
2 days — 475 Laurier Ave W #2001 was listed on November 4, 2026.
What is the price per square foot of 475 Laurier Ave W #2001?
About $311 to $350 per square foot: the asking price of $280,000 over the 800–899 sq ft the listing gives as its size range.
Does 475 Laurier Ave W #2001 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
Does 475 Laurier Ave W #2001 have a basement, and is it finished?
The listing describes the basement as: Partially Finished.
