For SaleCondo Apt · 1 Storey/AptMLS® #X14167522 · TRREB MLS®
501-1025 Richmond Rd, Ottawa, Ontario
Woodroffe, Ottawa, Ontario K2B 8G8
- Bedrooms
- 3
- Bathrooms
- 2
- Type
- Condo Apt
- Basement
- Finished
$360,000
Estimated market value
About 501-1025 Richmond Rd
501-1025 Richmond Rd is a 3-bedroom, 2-bathroom condo in Woodroffe, Ottawa, listed for sale at an asking price of $360,000 (MLS® X14167522).
This spacious, single-level condo offers 3 bedrooms, 2 full bathrooms and nearly 1,100 square feet of bright, inviting living space. The welcoming layout features hardwood flooring, an updated kitchen with stainless appliances - including a Bosch dishwasher with a 3rd rack, new carpeting (2026), a jet bathtub in the main bathroom, a generously-sized primary bedroom with an ensuite bathroom, and two additional bedrooms for having housemates, hosting guests, or enjoying an office or play area. The dining area is conveniently located adjacent to the kitchen, and the living area enables quick access to a large south-facing balcony - perfect for enjoying a morning coffee or soaking up sunshine. Conveniences include laundry on every floor and in the basement, underground parking for vehicles and bicycles, ample visitor parking at either side of the building, and pets being permitted with restrictions. The condo fees include heat, hydro, water, building insurance and common element maintenance, which helps to make budgeting reliable. This well-maintained building is within walking distance of the New Orchard LRT station, Ottawa River pathways, Westboro, Carlingwood Mall and everyday amenities. Park Place Condominium features a responsive on-site superintendent, landscaped grounds, a secure & accessible lobby, three elevators, and outstanding recreational and social amenities. Enjoy the indoor saltwater pool, fitness centre, squash court, outdoor tennis courts, billiards room, workshop, party room with full kitchen, and more. A social committee and an active group of owners organizes activities & seasonal celebrations, offering an engaging environment. A great opportunity for first-time buyers, investors, downsizers or anyone seeking a vibrant, community-oriented lifestyle that blends comfort, convenience, and care-free living. Some photos are virtually staged. Book your showing today!
Insights
Condition Score
Good1 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even−$346/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 14 condos with 3 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
- $3,619 / 2026
- MLS® number
- X14167522
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 1000-1199 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Listing history
Buy/sell history for 501-1025 Richmond Rd, Ottawa, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $360,000 | N/A | For Sale | X14167522 |
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
- Woodroffe
- Municipality
- Ottawa
Building
- Size
- 1000-1199 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 3
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc, 1 × 4pc
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Wall Unit
- Heating Type
- Baseboard
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Fridge, Stove, Microwave hood fan, Dishwasher
- Condo maint.
- $1,176
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Other | 2.29 × 1.17 m | W/I Closet | Main |
| Kitchen | 3.18 × 2.26 m | — | Main |
| Dining | 3.25 × 3.53 m | — | Main |
| Living | 6.25 × 3.58 m | W/O To Balcony | Main |
| Bathroom | 2.36 × 1.47 m | 4 Pc Bath, Whirlpool | Main |
| Primary | 4.95 × 3.23 m | Ceiling Fan, 4 Pc Ensuite | Main |
| Bathroom | 2.29 × 1.63 m | 4 Pc Ensuite | Main |
| 2nd Br | 4.34 × 2.77 m | — | Main |
| 3rd Br | 2.9 × 2.77 m | Hardwood Floor | Main |
Map and tour
Condos for sale in Woodroffe right now
- For sale now
- 8
- Median asking price
- $325K
- New in 7 days
- 2
- Price cuts
- 25%
Middle half: $294K to $362K
5 in 28 days
2 listings
This home is asking 11% above the median.
See all homes in WoodroffeAsking 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
- $3,875
- Total land transfer tax
- $3,875
- First-time buyer rebates (Ontario up to $4,000)
- −$3,875
- Total for first-time buyers
- $0
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 $360,000
- $1,650
- Ontario total
- $3,875
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Our Lady of Fatima Elementary SchoolOttawa Catholic School Board | Catholic · grades JK–6 · French Immersion | 400 m | 79%Grade 6 average |
| Woodroffe Avenue Public SchoolOttawa-Carleton DSB | Public · grades JK–8 · French Immersion | 450 m | 91%Grade 6 average |
| D. Roy Kennedy Public SchoolOttawa-Carleton DSB | Public · grades JK–8 · French Immersion | 1.3 km | 54%Grade 6 average |
| École élémentaire catholique d'enseignement personnalisé Édouard-BondConseil des écoles catholiques du Centre-Est | French-language Catholic · grades JK–6 | 1.4 km | 91%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Woodroffe High SchoolOttawa-Carleton DSB | Public · grades 9–12 · French Immersion | 1.5 km | 43%Grade 9 math |
| Notre Dame High SchoolOttawa Catholic School Board | Catholic · grades 9–12 · French Immersion | 1.7 km | 55%Grade 9 math |
| Nepean High SchoolOttawa-Carleton DSB | Public · grades 9–12 · French Immersion | 1.7 km | 76%Grade 9 math |
| École secondaire publique Omer-DeslauriersConseil des écoles publiques de l'Est de l'Ontario | French-language public · grades 9–12 | 5.6 km | 38%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
| Station | Lines | Distance |
|---|---|---|
| Lincoln Fields | OC Transpo bus rapid transit: Transitway | 1.1 km |
| Queensway | OC Transpo bus rapid transit: Transitway | 1.9 km |
| Iris | OC Transpo bus rapid transit: Transitway | 2.3 km |
| Dominion | OC Transpo bus rapid transit: Transitway | 2.3 km |
| Tunney's Pasture | OC Transpo light rail: O-Train Line 1 | 4.5 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
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
- $72,000
- Total mortgage amount
- $288,000
- Total interest payment
- $204,900
- Total purchase cost
- $564,900
- Mortgage payment
- $1,643/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
37%Monthly carrying cost
$3,121- Rent $2,775
- Shortfall $346
Rental income opens at $2,775, the median asking rent of 14 comparable homes for lease in Ottawa. Type over it with the rent you expect. This is a planning tool, not advice.
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Sold prices in Woodroffe are shown to signed-in members.