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For SaleCondo Apt · 1 Storey/AptMLS® #X14156008 · TRREB MLS®

508-1500 Riverside Dr, Ottawa, Ontario

Riverview Park, Ottawa, Ontario K1G 4J4

Bedrooms
2
Bathrooms
2
Type
Condo Apt
Basement
Other

$589,000

Estimated market value

About 508-1500 Riverside Dr

508-1500 Riverside Dr is a 2-bedroom, 2-bathroom condo in Riverview Park, Ottawa, listed for sale at an asking price of $589,000 (MLS® X14156008).

Welcome to resort-style living at The Riviera! This "San Remo" model in Tower I offers approx. 1,400 sq. ft. of bright, elegant living space. The open-concept, north-facing living room and den boast hardwood flooring and expansive wall-to-wall windows framing peaceful, park-like views. Entertain with ease in the dedicated family-sized dining room and functional kitchen with generous cabinetry and a handy pass-through. The spacious primary suite features a generous walk-in closet and an updated 3-piece ensuite with a sleek glass shower (2012). A well-proportioned guest bedroom, full 4-piece main bath, in-suite laundry with newer side-by-side washer/dryer (2019), and a dedicated in-unit storage room with an extra freezer complete the interior layout. Rare Bonus: Comes complete with TWO side-by-side underground parking spaces and a private basement storage locker! Nestled on 9+ acres of manicured grounds with 24/7 gatehouse security, the renowned Riviera Club delivers upper-class amenities: indoor/outdoor pools, tennis & pickleball courts, squash/racquetball, fitness centre, saunas, workshop, and social rooms. Exceptional central Alta Vista location-steps to Hurdman LRT station, minutes to the Ottawa Train Yards shopping district, Ottawa Hospital campuses, downtown, and quick Highway 417 access. Smoke & pet-free complex. Turn-key luxury in an unbeatable location!

Insights

  • Condition Score

    Good
    71out of 100

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall
    15out of 100

    −$1,971/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 175 condos with 2 bedrooms for lease in Ottawa right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

Key facts

Tax
$4,840 / 2026
MLS® number
X14156008
Board
TRREB MLS®
Property Type
Condo Apt
Days on market
Size
1400-1599 sqft
Listed on
Parking
2 Underground, 2 Parking
Listing brokerage: COLDWELL BANKER FIRST OTTAWA REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Listing history

Buy/sell history for 508-1500 Riverside Dr, Ottawa, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$589,000N/AFor SaleX14156008

Members see the full history. Prices are hidden from signed-out visitors.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Michelle Lacroix for a full comparative market analysis.

Property details

Property

Property Type
Condo Apt
Style
1 Storey/Apt
Community
Riverview Park
Municipality
Ottawa

Building

Size
1400-1599 sqft
Construction
Concrete

Inside

Bedrooms
2
Bathrooms
2
Bathroom Details
1 × 4pc, 1 × 3pc
Basement Type
Other
Kitchens
1

Parking

Garage Type
Underground
Garage
2
Additional Parking
0
Total Parking
2

Utilities

Cooling
Central Air
Heating Type
Baseboard

Additional

Fireplace
No
Den
No
Family room
No
Extras
Dishwasher, Fridge, Stove, Hood Fan, Freezer, Washer, Dryer, All Existing Light Fixtures & Window Treatments,2 Side by Side Parking Spots Level B Units 90 & 91; 1 Locker Level B Unit 137; 2 Garage Door Remote Controls
Condo maint.
$1,280

Rooms

Room details unavailable

The listing source did not provide room-level measurements or features.

Map and tour

Condos for sale in Riverview Park right now

For sale now
10
Median asking price
$417K

Middle half: $364K to $579K

New in 7 days
2

3 in 28 days

Price cuts
50%

5 listings

This home is asking 41% above the median, higher than three quarters of them.

See all homes in Riverview Park

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Land transfer tax on this home

Ontario land transfer tax
$8,255
Total land transfer tax
$8,255
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$4,255
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $589,000
$3,780
Ontario total
$8,255

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

17 records · 9 on fileRead 2026-11-08
250 m500 m1 km2 kmBeyond · area-wideNot in Rideau Valley Conservation Authority’s mapped regulated areaNot in the municipality’s mapped flood areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas3 building permits issued within 250 m in the last 2 yearsNearest airport: 5.2 kmNearest rail line: 210 mTransit stop within 400 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment Canada7 federal contaminated sites within 1 kmElectricity is distributed here by Hydro Ottawa LimitedWired internet 50/10 Mbps or faster is listed at a household 40 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation4

  • Not in Rideau Valley Conservation Authority’s mapped regulated areaAt the address
  • Not in the municipality’s mapped flood areaAt the address
  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m8 test or monitoring holes also recorded.250 m

Rideau Valley Conservation Authority · Municipal flood mapping · Province of Ontario open data

Planning and building activity3

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • 3 building permits issued within 250 m in the last 2 years250 m
  • Nearest airport: 5.2 km5.2 km

Province of Ontario open data · Municipal building permits

Around the home3

  • Nearest rail line: 210 m210 m
  • Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 120 m away. Routes and stops change; check the agency’s schedule.400 m
  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data · Municipal transit open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is TransAlta Cogeneration L.P. — Ottawa Health Sciences Centre (OHSC) Cogeneration Facility, 1.1 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • 7 federal contaminated sites within 1 km6 still active or suspected; the rest are closed. The federal inventory covers federal land only, not provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Hydro Ottawa LimitedAt the address
  • Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: OmniTEC Wireless, Rogers, Storm Internet, Xplore. Mobile: Bell, Rogers, Telus, Vidéotron. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Rideau Valley Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Ottawa. Contains information licensed under the Open Government Licence – Ontario.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
École élémentaire catholique Coeur d'OttawaConseil des écoles catholiques du Centre-EstFrench-language Catholic · grades JK–81.3 km100%Grade 6 average
Viscount Alexander Public SchoolOttawa-Carleton DSBPublic · grades JK–6 · French Immersion1.4 km84%Grade 6 average
First Avenue Public SchoolOttawa-Carleton DSBPublic · grades JK–6 · French Immersion1.8 km87%Grade 6 average
St Michael Elementary SchoolOttawa Catholic School BoardCatholic · grades JK–6 · French Immersion2.2 km70%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Immaculata High SchoolOttawa Catholic School BoardCatholic · grades 9–12 · French Immersion1.4 km55%Grade 9 math
École secondaire catholique Franco-CitéConseil des écoles catholiques du Centre-EstFrench-language Catholic · grades 9–122.1 km59%Grade 9 math
Lisgar Collegiate InstituteOttawa-Carleton DSBPublic · grades 9–12 · French Immersion2.2 km73%Grade 9 math
Hillcrest High SchoolOttawa-Carleton DSBPublic · grades 9–12 · French Immersion2.4 km44%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Transit nearby

StationLinesDistance
HurdmanOC Transpo light rail: O-Train Line 1250 m
Lycée ClaudelOC Transpo bus rapid transit: Transitway550 m
LeesOC Transpo light rail: O-Train Line 1750 m
TremblayOC Transpo light rail: O-Train Line 11.2 km
SmythOC Transpo bus rapid transit: Transitway1.2 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: OC Transpo schedule data (GTFS) from the City of Ottawa under the Open Government Licence – City of Ottawa, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – City of Ottawa.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

Mortgage Calculator

Plan with the current asking price

20% · $117,800

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$117,800
Total mortgage amount
$471,200
Total interest payment
$335,200
Total purchase cost
$924,200
Mortgage payment
$2,688/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

79%

Monthly carrying cost

$4,371
−$1,971per month
  • Rent $2,400
  • Shortfall $1,971

Rental income opens at $2,400, the median asking rent of 175 comparable homes for lease in Ottawa. Type over it with the rent you expect. This is a planning tool, not advice.

Market area · filters apply to the charts below

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Sold prices in Riverview Park are shown to signed-in members.

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