Condo for sale at 703-40 Arthur Street, Ottawa, Ontario, K1R 7T5 - West Centre Town - MLS: X12975812

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703-40 Arthur Street

Ottawa, Ontario, K1R 7T5 - West Centre Town

$424,900

Neighbourhood

West Centre Town
Major Intersection

Somerset and Arthur

Listed Since: 28 day(s)
Last update: 9 day(s) ago

Overview

Property Type

Condo Apt, Apartment
Bedrooms

2
Bathrooms

2
Square Feet

900-999
Exposure

East
Total Parking

1 Underground Garage
Maintenance

$1,225
Taxes

$3,619.00 (2025)
Balcony

Open

Property Description

Property description for 703-40 Arthur Street, Ottawa

Discover the perfect blend of character and modern luxury in this stunning corner unit at 40 Arthur Street. Bathed in natural light, this 2-bedroom residence features a total 2023 kitchen renovation designed for the culinary enthusiast. The massive social island with a built-in induction cooktop and warm wood counters serves as the centerpiece for an airy, open-concept floor plan rarely found in buildings of this scale. Enjoy your morning coffee on the private veranda or retreat to the redesigned bathroom featuring custom cabinetry and premium finishes. High-quality flooring runs throughout the spacious layout, including two oversized bedrooms with extensive storage. This unit includes the convenience of in-unit laundry and a secure oversized underground parking space. 40 Arthur is renowned for its vibrant community spirit and active social scene, offering residents access to an exercise room, sauna, patio / park area with BBQ's and a library. Located just steps from the LRT, the eclectic shops of Little Italy, and the scenic beauty of Dow's Lake, this home offers a sophisticated lifestyle for professionals and downsizers alike. Experience move-in-ready elegance in the heart of the city. 24 hours irrevocable on all offers.

Listed by LPT REALTY

Property details

MLS #

X12975812
Sq. Ft

900-999
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

City
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

None
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Community BBQ,Exercise Room,Sauna,Visitor Parking
Maintenance Fee Includes

Heat, Hydro, Water
Property Management

Condo Management Group
Heat

Heat Pump
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

N

MLS #

X12975812
Sq. Ft

900-999
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

City
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

None
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Community BBQ,Exercise Room,Sauna,Visitor Parking
Maintenance Fee Includes

Heat, Hydro, Water
Property Management

Condo Management Group
Heat

Heat Pump
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

N

Kitchen

5.88 x 3.38 ft Main level
Living

6.88 x 4.0 ft Main level

Combined W/Dining
Br

4.12 x 3.4 ft Main level
2nd Br

5.27 x 3.12 ft Main level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Local Real Estate Price Trends for Condo Apt in West Centre Town

Active listings

Average Selling Price of a Condo Apt

April 2026

$498,750

Last 3 Months

$444,419

Last 12 Months

$483,700

April 2025

$466,380

Last 3 Months LY

$417,524

Last 12 Months LY

$501,446

Change

-4%

Number of Condo Apt Sold

April 2026

Last 3 Months

Last 12 Months

April 2025

Last 3 Months LY

Last 12 Months LY

Change

-40%

Change

-30%

Change

-22%

How many days Condo Apt takes to sell (DOM)

April 2026

Last 3 Months

Last 12 Months

April 2025

Last 3 Months LY

Last 12 Months LY

Change

15%

Change

19%

Change

12%

Average Selling price

Inventory Graph

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.