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2625 REGINA Street 1504, Britannia - Lincoln Heights and Area, ON K2B 5W8

2 beds · 2 baths · 1 kitchen · 6 rooms · 1 parking space · 800-899 sq ft · Condo Apartment
$299,000

Utilities includedWater

Also includedBuilding Insurance

Maintenance fee
$881 / month
Property tax
$2,795 / year
Included in the fee
Building Insurance, Water

Welcome to Northwest One - a beautifully upgraded, bright modern and spacious 2-bedroom, 2-bathroom condominium in a highly sought-after adult-oriented community in Ottawa's desirable West end. Featuring over $30K in upgrades, this modern open-concept unit offers generous living and dining areas with charming laminate flooring throughout, leading to a large east-facing balcony with floor-to- ceiling window. There you can relax and enjoy spectacular river and sunrise views. The functional layout includes an ensuite bathroom, abundant natural light, and the convenience of underground heated parking ( nr.177) Residents enjoy an exceptional lifestyle with fabulous on-site amenities including an indoor pool, fitness centre, sauna, library, party and meeting rooms, billiards room, guest suites, and much more.Ideally located just steps from the Ottawa River, transit, shopping, restaurants, movie theatre, grocery stores including Farm Boy and Metro, pharmacies, and everyday conveniences. Enjoy scenic walks to Britannia Beach, only a 10-minute stroll away, while benefiting from an easy commute to downtown Ottawa and Kanata. Surrounded by green space and nature yet close to all urban conveniences, this is a fantastic opportunity to own an affordable condo in one of Ottawa's most convenient and desirable locations.

MLS number
X13105316
Type
Condo Apartment
Status
Active
Bedrooms
2
Bathrooms
2
Postal code
K2B 5W8
Photos
36
Included in the fee
Building Insurance, Water
126days · this listing
126days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Regina Street Alternative School
Ottawa-Carleton DSB
Elementary123 m5.8 / 10
58% met the standard
École secondaire publique L'Alternative
CÉP de l'Est de l'Ontario
Secondary876 mNot reported
Dr F J McDonald Catholic Elementary School
Ottawa CSB
Elementary1.0 km5.9 / 10
59% met the standard
Woodroffe High School
Ottawa-Carleton DSB
Secondary1.0 km6.2 / 10
62% met the standard · 2 of 6 measures
Severn Avenue Public School
Ottawa-Carleton DSB
Elementary1.2 km7.4 / 10
74% met the standard
École élémentaire catholique d'enseignement personnalisé Édouard-Bond
CSDC du Centre-Est de l'Ontario
Elementary1.2 km8.5 / 10
85% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 1,709 people.

$56,000Median household income
33.2%Own their home
5.7%Detached houses
60.4Median age
28.1%Born outside Canada
35.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35060645 — the few blocks around this address, home to 1,709 people. It describes the area, not this property.

1,709Population
55.7Average age
1.5Household size
$65,200Average household income
$56,000Median household income
33%Own their home
67%Rent
37%Condominiums
28%Born outside Canada
36%University degree
$372,000Average home value
20%Low income
29%Never married
Under $5,0001%
$5,000 to $9,9991%
$10,000 to $14,9996%
$15,000 to $19,9993%
$20,000 to $24,9997%
$25,000 to $29,9994%
$30,000 to $34,9994%
$35,000 to $39,9993%
$40,000 to $44,9993%
$45,000 to $49,9994%
$50,000 to $59,9999%
$60,000 to $69,9997%
$70,000 to $79,9996%
$80,000 to $89,9994%
$90,000 to $99,9994%
$100,000 and over17%
$100,000 to $124,9998%
$125,000 to $149,9994%
$150,000 to $199,9993%
$200,000 and over2%

Percentages are of the 1,360 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$59,800 · minimum here is $14,950
$1,323.91per month
Borrowed before insurance$239,200
Total borrowed$239,200
Interest over 25 years at 4.5%$157,972

If you rented it out

Monthly rent starts from the median of recent leases in this building. Change it to anything you like.

-$154.82per month out of pocket
Rent$2,283.00
Everything it costs to hold$2,437.82
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What this building rents and sells for

Closed transactions at 2625 REGINA over the last 24 months — not estimates.

SizeMedian rentMedian priceGross yieldBased on
2 bed$2,283/mo$290,0009.4%4 leases · 8 sales
All sizes$2,283/mo$333,0008.2%4 leases · 23 sales
How this is calculated

Every figure is a transaction that actually closed in this building, taken from the board’s records over the last 24 months. Rents and prices are medians, not averages, so a single penthouse sale does not distort the picture. Rows appear only where there were at least 3 leases and 3 sales of that size.

Rent and price are matched by bedroom count on purpose. Dividing a one-bedroom’s rent by a three-bedroom’s price would produce a yield for a home that does not exist.

This is a gross yield. Annual rent divided by price, with nothing deducted — no condo fees, property tax, insurance, vacancy, maintenance or financing. A net figure would depend on assumptions particular to a buyer, and inventing those on your behalf would make the number look more precise than it is. Expect the net return to be materially lower.

Source: closed transactions reported to the Toronto Regional Real Estate Board.

Listed by TRU REALTY. Listing data provided by the Toronto Regional Real Estate Board.