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    for rent
    9 Days on Strata
    Est Lease Timeframe:
    16 Days
    $2,975/mth
    1 Bed
    1 Bath
    1 Parking
    800 - 899 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History


    Property Type:
    Condo
    Possession Date:
    Dec 1
    Lease Term:
    1 Year
    Utilities Included:
    No
    Furnished:
    No
    Outdoor Space:
    Enclosed/Solarium
    Laundry:
    Ensuite
    Locker:
    Exclusive
    Exposure:
    North

    Amenities

    Elevator
    Gym

    About this Listing

    Peaceful 1 Bedroom/1 Bathroom + Den available immediately in the Merit, an elegant Art Deco inspired building new in 2014. This open concept North facing unit offers treetop views over the Heritage Building at City Hall and the hustle and bustle along Elgin Street is one block away. The flexible den space can be opened up to extend the main living space or closed to use as a private office and guest room. The well laid out and efficient kitchen offers great counter space, lots of storage, a double sink, and bar seating overlooking the living and dining area. This suite also features a balcony directly off the main living space, in-unit laundry, storage locker and one underground parking spot in the heated garage complete with an EV charger. Hardwood flooring throughout. Building amenities include a workout room, guest parking and a well appointed rooftop terrace with common BBQ's and a spectacular view across Ottawa. This A++ location is walkable to all downtown has to offer including Parliament Hill, Ottawa City Hall, the Supreme Court, and the NAC. There's also a great Farm Boy a few blocks away and countless cafes and restaurants along Elgin. This is a non-smoking building including private balconies and all common areas. Rent includes water, hot water tank. Hydro & internet not included.

    ExtrasRefrigerator, Stove, Dishwasher, Washer/Dryer.

    re/max hallmark realty groupMLS® #X12547008

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Included
    Air Conditioning
    Not Included
    Water
    Included
    Parking
    Included
    Building Maintenance
    Not Included
    Building Insurance
    Not Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions


    Living
    76.18 x 40.98ft
    Kitchen
    29.46 x 27.86ft
    Den
    34.42 x 27.86ft
    Primary
    33.56 x 32.71ft

    Renter's Market
    Balanced
    Landlord's Market

    Building Spotlight

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    Explore Centretown - Ottawa

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    Bikeability




    Days on Strata

    Units at The Merit spend an average of
    59
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Centretown - Ottawa

    Turnover of Units

    On average, each unit is owned for
    11.1
    YEARS before being sold again

    Property Value

    15%
    Increase in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 41 condos in the Centretown - Ottawa area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    The Merit offers the
    ?
    N/A
    best value out of 41 condos in the Centretown - Ottawa neighbourhood

    Appreciation Rank

    The Merit has the
    ?
    N/A
    highest ROI out of 41 condos in the Centretown - Ottawa neighbourhood

    Rental Yield

    The Merit yields the
    ?
    N/A
    highest rent prices out of 41 condos in the Centretown - Ottawa neighbourhood

    High Demand

    The Merit is the
    ?
    N/A
    most popular building out of 41 condos in the Centretown - Ottawa neighbourhood

    Market Insights

    Transaction Insights at The Merit

    1 Bed2 Bed3 Bed + Den
    Price RangeNo DataNo DataNo Data
    Avg. Wait for Unit AvailabilityNo DataNo DataNo Data
    Ratio of Units in Building50%40%10%

    Market Inventory

    Total number of units listed and leased in Centretown - Ottawa