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This one-bedroom condo is in the heart of the Byward Market.

Re/Max Hallmark Realty Group

90 George St., Unit 403, Ottawa

Asking price: $359,900

Selling price: $348,276

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Condo fees: $633.34

Previous selling price: $324,193 (2009)

Days on market: 28

Taxes: $3,393.00

Listing agent: Matt Richling, Re/Max Hallmark Realty Group

The action

The condo fees – at more than $630 per month – are higher than usual in the area so that held back a quick sale.

Re/Max Hallmark Realty Group

Condo sales have buoyed the Ottawa market throughout 2018, so it was a surprise to have this property on the market for as long as it was.

"Our condo market in [2017] wasn’t in the best shape, but this year we’ve seen it pop back up to where we expected it to be. We’re seeing multiple offers and we’ve got a shortage of supply right now,” listing agent Matt Richling says.

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He says the condo fees – at more than $630 per month – are higher than usual in the area so that held back a quick sale.

“It’s a one-bedroom with parking so they’re expecting a little bit lower [fees],” Mr. Richling says. “But the quality of the building and the amenities were on par with what this buyer was looking for.”

What they got

The jewel of the property is the south-facing 400-square-foot terrace.

Re/Max Hallmark Realty Group

This one-bedroom condo is in the heart of the ByWard Market. At 750 square feet it’s on the larger side – and includes a den – but the jewel of the property is the south-facing 400-square-foot terrace. It is one of only five units in the building (the penthouse included) that has a private terrace.

“It’s one of [Ottawa’s] top five-star buildings. We’ve got a lot of [Members of Parliament], ex-mayors, and NHL players in that building,” Mr. Richling says. “But to have a terrace in there is somewhat unique and rare.”

The property features a gas stove and large windows throughout. Heated underground parking and a storage locker are also included.

The building’s amenities go “over and above,” according to Mr. Richling. There is enhanced 24/7 security, a pool, a fitness centre, hot tub, sauna and a common terrace with a barbecue and entertaining areas.

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“When the building first launched there was a gold-key concierge, and (the owner) had a 7-series BMW limo to drive residents around,” Mr. Richling says. “They’ve since got rid of that, but it’s that type of building.”

The agent’s take

'We’ve got a lot of [Members of Parliament], ex-mayors, and NHL players in that building,' the listing agent says.

Re/Max Hallmark Realty Group

There was a lot of interest for the property and it sold in less than a month. The condo fees, Mr. Richling, admits, were more than many house hunters expected, but the buyer – a medical professional – was impressed with the quality of amenities and the building itself.

“There wasn’t a question of value,” Mr. Richling says.

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For sale in this area

View similar listings below. Clicking on the map will take you to the listings below.

Open this photo in gallery: Gallery photo 1
305000.00
90 GEORGE STREET UNIT#507, Ottawa, Ontario
RE/MAX HALLMARK REALTY GROUP
Bedrooms
0
Bathrooms
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Building Type
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Welcome to the prestigious 90 George Street. This stunning studio unit features a spacious open concept floor plan with south-facing views of downtown Ottawa. Features include top of the line finishes that one would expect and deserve. Granite countertops, top of the line stainless steel appliances, gas stove, the list goes on. The unit even features a premium built-in murphy bed with additional storage and lighting. Amenities at this five-star building includes 24-hour security and concierge service, a fully-equipped fitness center, saltwater pool, and hot tub, hotel-style guest suites, a meeting room with full kitchen, 9000 sqft rooftop terrace with BBQs. The Byward Market is right across the street from your front door where you will find some of Ottawas best restaurants, bakeries, and food markets. Just a block away you have Nordstrom and the Rideau Centre for all your day to day shopping needs, as well as the new LRT Rideau Station that will get you to where you need to go! (id:31729)
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Open this photo in gallery: Gallery photo 1
1350000.00
90 GEORGE STREET UNIT#1601, Ottawa, Ontario
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Fantastic opportunity to live in the heart of Ottawa! 90 George Street is an upscale condo offering amazing amenities such as an outdoor terrace w/BBQs, indoor saltwater pool, hot tub, sauna, well equipped gym, and 24 hr security/concierge. This unique 1 Bed + 1 Den open concept space is perfect for entertaining. 2 balconies with panoramic views of downtown Ottawa and Parliament off the living room and bedroom. The Master Bedroom suite has a custom walk-in closet with gorgeous ensuite with large soaker tub with roomy glassed in shower. Steps away from LRT, shops and restaurants, Parliament Hill, and the Rideau Canal. Two parking spots and one locker conveniently located beside parking included. Dont miss out. Book your showing today! (id:31729)
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Open this photo in gallery: Gallery photo 1
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Paradise in the sky. This 2 story penthouse offers unparalleled vistas of Parliament Hill, iconic Ottawa landmarks along the Ottawa River and Gatineau Hills and the vibrancy of the ByWard Market. Upon entry you will be greeted with floor to ceiling windows and gleaming rich oak hardwood flooring. The artfully designed kitchen by Heritage Kitchens offers Miele oversized double ovens, induction cooktop stove, steam oven, induction microwave, granite counters and backsplash, walk-in pantry with custom millwork cabinetry, custom cutlery organizers and spice rack. Wonderful oversized dining and living rooms separated by double-sided custom gas fireplace. Wet bar that's perfect for entertaining. Master retreat includes custom milled closet cabinetry, 5pc ensuite with onyx floors & tub/shower surrounds. Other features include walk-in wine room, Weber BBQ with natural gas hookup, power remote window coverings, elevator to 2nd level, Control 4 Smart System, in unit laundry & so much more. (id:31729)
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Open this photo in gallery: Gallery photo 1
625000.00
90 GEORGE STREET UNIT#1101, Ottawa, Ontario
COLDWELL BANKER FIRST OTTAWA REALTY
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Open this photo in gallery: Gallery photo 1
935000.00
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