Residentiae.
For Sale · Ottawa

115 - 40 PEARL STREET

Ottawa · K7A5L1

$329,900

2Bedrooms
1Bathrooms
1Parking
800Sq Ft

About this residence

Welcome to Colonel By Condominium, where comfort, convenience, and community come together in a secure adult-oriented community. This bright and inviting first floor unit features a kitchen with new appliances (2025) and granite countertops, a spacious living room with direct access to your private ground-level patio, and numerous updates throughout. The patio stones were reset in 2026 and the keyed patio door provides the convenience of a separate entrance, making it easy to bring groceries and guests directly into your home. The thoughtful layout includes a generous primary bedroom with walk-in closet, a versatile second bedroom ideal for guests or a home office, a four-piece bathroom, in-unit laundry, and additional storage throughout. Recent updates include new flooring and fresh paint, creating a bright and move-in ready space. Beyond your front door, enjoy all that this welcoming community has to offer, including a common room, library, and private fitness room. Ideally located within walking distance of groceries, restaurants, coffee shops, Lower Reach Park, and the historic Rideau Canal, this is an exceptional opportunity to enjoy a low-maintenance lifestyle while staying connected to the amenities and activities that make Smiths Falls such a wonderful place to live. More than just a condominium, Colonel By is a community you'll be proud to be part of. (id:61366)

Property details

Property type
Single Family
Style
Apartment
Ownership
Condo/Strata
Bedrooms
2 (2 above)
Bathrooms
1
Living area
800–899 sq ft
Parking
1 spaces
Annual tax
$3,103
Association fee
$300
MLS®
X13218702
Board
Ottawa
Status
Active
Listed
May 30, 2026
Updated
Jun 3, 2026

Features & finishes

Appliances

  • Washer
  • Refrigerator
  • Dishwasher
  • Dryer
  • Stove
  • Water Heater

Heating

  • Forced air
  • Electric

Cooling

  • Central air conditioning

Exterior

  • Brick

Parking

  • No Garage

Lot

  • Elevator
  • Carpet Free
  • In suite Laundry

Community

  • Pets Allowed With Restrictions

Financing

Mortgage calculator

Estimated monthly payment

$1,543/mo

Amortization

Loan amount

$263,920

Down payment

$65,980

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

Ottawa

About the area

Census · K7A
17,575
Population
47
Median age
$74,500
Median income
$356,000
Median home value
72%
Home ownership
28 min
Avg. commute

Age distribution

0–14
16%
15–24
9%
25–44
23%
45–64
28%
65+
24%

Tenure

72% owners28% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for 115 - 40 PEARL STREET?

115 - 40 PEARL STREET is listed for $329,900, in Ottawa.

How many bedrooms and bathrooms does 115 - 40 PEARL STREET have?

It offers 2 bedrooms and 1 bathroom.

What type of home is 115 - 40 PEARL STREET?

115 - 40 PEARL STREET is a Single Family, Apartment.

How large is 115 - 40 PEARL STREET?

The home offers approximately 800–899 sq ft of living space.

What would the monthly mortgage payment be?

With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $1,543. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $3,103 per year.

Is there parking?

Yes — 115 - 40 PEARL STREET includes 1 parking space.

What is the Ottawa area like?

Ottawa has a population of about 17,575, a median age of 47, a 72% home-ownership rate, with an average commute of about 28 minutes.

What is the average home value in Ottawa?

The median dwelling value in this area is approximately $356,000, based on census data via Neighbourly.

What is the median household income in Ottawa?

The median household income in this area is approximately $74,500.

Private viewings

Arrange a private viewing of 115 - 40 PEARL STREET.

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