501 - 1025 Richmond Road, Ottawa, photo 1 1 / 24

$360,000

501 - 1025 Richmond Road

Woodroffe, Ottawa, ON K2B8G8 · MLS® X14167522

  • 3Bedrooms
  • 2Bathrooms
  • 1Parking

About this property

This spacious, single-level condo offers 3 bedrooms, 2 full bathrooms and nearly 1,100 square feet of bright, inviting living space. The welcoming layout features hardwood flooring, an updated kitchen with stainless appliances - including a Bosch dishwasher with a 3rd rack, new carpeting (2026), a jet bathtub in the main bathroom, a generously-sized primary bedroom with an ensuite bathroom, and two additional bedrooms for having housemates, hosting guests, or enjoying an office or play area. The dining area is conveniently located adjacent to the kitchen, and the living area enables quick access to a large south-facing balcony - perfect for enjoying a morning coffee or soaking up sunshine. Conveniences include laundry on every floor and in the basement, underground parking for vehicles and bicycles, ample visitor parking at either side of the building, and pets being permitted with restrictions. The condo fees include heat, hydro, water, building insurance and common element maintenance, which helps to make budgeting reliable. This well-maintained building is within walking distance of the New Orchard LRT station, Ottawa River pathways, Westboro, Carlingwood Mall and everyday amenities. Park Place Condominium features a responsive on-site superintendent, landscaped grounds, a secure & accessible lobby, three elevators, and outstanding recreational and social amenities. Enjoy the indoor saltwater pool, fitness centre, squash court, outdoor tennis courts, billiards room, workshop, party room with full kitchen, and more. A social committee and an active group of owners organizes activities & seasonal celebrations, offering an engaging environment. A great opportunity for first-time buyers, investors, downsizers or anyone seeking a vibrant, community-oriented lifestyle that blends comfort, convenience, and care-free living. Some photos are virtually staged. Book your showing today! (id:65933)

Type
Condo apartment
Category
Single Family
Annual taxes
$3,619
Updated
Nov 10, 2026

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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 Innovation Realty Ltd..

Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.

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