CondoOn market 63 days

489 Sussex Dr #4, Lower Town - Sandy Hill

Name: 489 Sussex Drive, Unit 4
SKU: X13756574
Price: 419500 CAD
Availability: InStock

Lower Town - Sandy Hill, ON · · MLS® X13756574Updated September 18, 2026

$419,500Est. $2,061/mo mortgage

Bedrooms: 1
Bathrooms: 1
Living space: 600–699sq ft
Parking spaces: 1

Type Condo
Garage Yes
Basement None

What you should know

489 Sussex Dr #4 is a 1-bedroom, 1-bathroom condo in Lower Town - Sandy Hill, listed for $419,500. It has 600-699 sq ft of living space.

Set in one of Ottawa's most coveted locations, this beautifully renovated heritage residence offers an exceptional urban lifestyle in the heart of the ByWard Market.
Enjoy an effortless lock-and-leave lifestyle with underground parking, storage and in-suite laundry.Inside, timeless heritage character is paired with contemporary luxury.
The bright open-concept living and dining space features rich hardwood floors, a gas fireplace and striking exposed stone accent wall.

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1 Bed, 1 Bath Condo in Lower Town - Sandy Hill

Unit 4 at 489 Sussex Drive

Sophisticated Downtown Living on Sussex Drive. Set in one of Ottawa's most coveted locations, this beautifully renovated heritage residence offers an exceptional urban lifestyle in the heart of the ByWard Market. Steps from the National Gallery, Major's Hill Park, Rideau Centre, acclaimed restaurants, boutique shopping and the now open History club, this is downtown living at its most vibrant.An ideal pied-à-terre for diplomats, professionals and executives, or a refined, low-maintenance home for downsizers and individuals who want culture, dining and nightlife at their doorstep. Enjoy an effortless lock-and-leave lifestyle with underground parking, storage and in-suite laundry.Inside, timeless heritage character is paired with contemporary luxury. The bright open-concept living and dining space features rich hardwood floors, a gas fireplace and striking exposed stone accent wall. The renovated kitchen showcases sleek quartz countertops, stainless steel appliances and excellent storage. A spacious bedroom overlooking Sussex Drive includes a generous walk-in closet, while the spa-inspired 3-piece bath features an oversized glass shower and heated towel rack.A rare opportunity to own a turnkey residence in one of Ottawa's most iconic settings-perfectly suited to those who appreciate architecture, sophistication and the energy of city living.NCC leased land. Co-Tenancy Corp. Cash purchase only. 48-hour irrevocable.

1 bedroom, 1 bathroom, about 600 sq ft, works out to roughly $699 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 489 Sussex Dr #4

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 600-699 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

489 Sussex Dr #4 Price & Sale History

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

Sep 8, 2026For saleListedThis listingMLS® X13756574$419,500

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

What's it worth?

How 489 Sussex Dr #4 Compares to the Lower Town - Sandy Hill 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 145 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

Lower Town - Sandy Hill market, last 90 days

Median sold price: $599,000
Average sold price: $592,007
Average days on market: 50
Homes sold: 57

Closed sales on the TRREB MLS®.

Recently sold nearby in Lower Town - Sandy Hill

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.

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Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 4 — 489 Sussex Drive 1 bd · 1 ba · 600 sqft	$419,500asking	$699	—	—
400 Laurier Street 2 bd · 1 ba · 1,200 sqft
134 York Street 2 bd · 2 ba · 900 sqft
134 York Street 2 bd · 2 ba · 1,200 sqft
205 Bolton Street 2 bd · 2 ba · 1,000 sqft
238 Besserer Street 2 bd · 2 ba · 800 sqft
179 GEORGE Street 1 bd · 1 ba · 800 sqft

400 Laurier Street
2 bd · 1 ba · 1,200 sqft
134 York Street
2 bd · 2 ba · 900 sqft
134 York Street
2 bd · 2 ba · 1,200 sqft
205 Bolton Street
2 bd · 2 ba · 1,000 sqft
238 Besserer Street
2 bd · 2 ba · 800 sqft
179 GEORGE Street
1 bd · 1 ba · 800 sqft

Living in Lower Town - Sandy Hill: Location & Amenities

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

How long is your commute?

From 489 Sussex Dr #4. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 489 Sussex Dr #4

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

Mortgage: $2,061; 20% down · 25 years · 5.5% assumed
Property tax: $231; 0.66% mill rate · ON
Total per month: $2,292; 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

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Down payment

Rate (%)

Years

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

Affordability calculator

Estimated monthly payment

$2,061

/mo

based on the purchase price of $419,500

Down payment20%

$83,900 cash

Amortization25 yr

$335,600 financed

Rate5.50%

$282,663 total interest

Principal54%$335,600

Interest46%$282,663

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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Listing brokerage: RE/MAX HALLMARK REALTY GROUP, BrokerageMLS® X13756574 · Listing data last updated September 18, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

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.

For sale· listed Sep 7· $699/sq ft

Estimated monthly mortgage$2,061/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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