5 Frank St #301 is a 3-bedroom, 2-bathroom condo in Ottawa, listed for $850,000. It has 1400-1599 sq ft of living space.
1Impressive 1,590 square feet of living space, extensively renovated in 2018.
2The thoughtfully renovated kitchen and two bathrooms complement the spacious layout, while excellent closet space throughout adds everyday practicality.
3The generous primary suite features two walls of closets and an impressively spacious ensuite bathroom with a custom oversized shower.
Discover the perfect balance of vibrant city living and tranquil surroundings in this exceptional residence overlooking the Rideau Canal. Enjoy your morning coffee or breakfast as you take in the ever-changing scenery, walkers, cyclists, runners, boats and, in winter, skaters, all set against a beautiful backdrop in every season. There is always something to see and a sense of calm to enjoy. Ideally situated in Ottawa's coveted Golden Triangle, bordered by the Rideau Canal and just steps from the boutiques, cafés and restaurants of Elgin Street, as well as City Hall, the Courthouse and National Arts Centre, this sought-after location offers the very best of urban living. Set within a self-managed, eight-unit low-rise condominium, with just two apartments per floor. Access is convenient by elevator or via a beautifully lit, generously proportioned stairwell. Impressive 1,590 square feet of living space, extensively renovated in 2018. Warm, inviting principal rooms feature hardwood floors, crown moulding and a wood-burning fireplace, creating an atmosphere that feels like home. The thoughtfully renovated kitchen and two bathrooms complement the spacious layout, while excellent closet space throughout adds everyday practicality. The in-suite stacked washer and dryer were replaced in 2023. The generous primary suite features two walls of closets and an impressively spacious ensuite bathroom with a custom oversized shower. Additional conveniences include L-shaped balcony, underground parking, a dedicated storage locker and the potential to install EV charging. Residents also enjoy a common backyard barbecue area-perfect for relaxed summer gatherings. Enjoy all the benefits of condominium living without compromising on space, privacy, or comfort. A rare find! Status Certificate available. 2 business day irrevocable on offers.
3 bedrooms, 2 bathrooms, about 1,400 sq ft, works out to roughly $607 per square foot. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 5 Frank St #301
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
1400-1599 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
5 Frank St #301 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14090998$850,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 5 Frank St #301 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 →
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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
$4,176
/mo
based on the purchase price of $850,000
$170,000 cash
$680,000 financed
$572,738 total interest
Principal54%$680,000
Interest46%$572,738
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 Ottawa
Other 2-bed homes for sale in Ottawa around $850K.
Average days on market44Homes sold in about 44 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings248Homes for sale here right now.
Median vs prior 90 days+1.4%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 138 sales from Jul 24 – Oct 22, 2026 (107 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
5 Frank St #301 is listed at $850,000 (MLS® X14090998). Summitly updates the price as soon as the MLS® record changes.
Is $850,000 a good price for 5 Frank St #301?
Summitly rates it Above Market: the asking price is 5% to 15% 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 5 Frank St #301 changed?
No — 5 Frank St #301 is still listed at its original asking price of $850,000.
How many bedrooms and bathrooms does 5 Frank St #301 have?
5 Frank St #301 has 3 bedrooms and 2 bathrooms, with about 1,400–1,599 square feet of living space. It is a condo in Ottawa.
Is 5 Frank St #301 close to transit?
The nearest rapid-transit station is UOttawa Station (O-Train Line 1), about 320 m (about a 4-minute walk) in a straight line. Lees Station is about 910 m (about a 11-minute walk), and Rideau Station is about 1.2 km (about a 15-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 5 Frank St #301?
About $4,176 a month — principal and interest on $850,000 with 20% down ($170,000), 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 5 Frank St #301 compare with other homes in Ottawa?
Its asking price of $850,000 is about 91% above the median sold price in Ottawa over the last 90 days, $446,000, across 138 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 5 Frank St #301 been sold before?
Summitly has no earlier MLS® sale or lease of 5 Frank St #301 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5 Frank St #301?
5 Frank St #301 is in Ottawa, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5 Frank St #301 been on the market?
5 days — 5 Frank St #301 was listed on October 17, 2026.
What is the price per square foot of 5 Frank St #301?
About $532 to $607 per square foot: the asking price of $850,000 over the 1,400–1,599 sq ft the listing gives as its size range.
Does 5 Frank St #301 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
