$165,000
204 - 1490 Heron Road
Heron Gate, Ottawa
- 1 bd
- 1 ba
- Condo apartment
1 / 16
$199,000
Heron Gate, Ottawa, ON K1V0X2 · MLS® X14102938
Amazing opportunity for first time buyers, young professionals, and investors! Centrally located on Heron Rd just off Bank Street, this bright and spacious 2 bed, 2 bath condo offers the perfect combination of comfort and convenience. The functional open concept floor plan creates an inviting sun filled living and dining area from the large windows and south-facing balcony, great for relaxing or entertaining. Two well sized bedrooms, with the primary featuring a walk-in closet and ensuite bathroom. Complete with fresh paint throughout, owned hot water tank, in unit washer/dryer and underground parking, there is nothing left to do but move in! This building offers plenty of amenities to enjoy, all located close to parks, transit, shops and everything you could need to make day to day a breeze. (id:65933)
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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.
Listed by Re/Max Hallmark Realty Group.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.