603 - 2871 RICHMOND ROAD
Ottawa · K2B8M5
$359,800
About this residence
Calling Investors!!! Whether you're looking to secure stable rental income now or plan ahead for a future personal residence, this property delivers exceptional value. Currently leased at $2,300/month to a reliable tenant, this bright and spacious 2-bedroom, 2-bathroom condo offers instant cash flow and worry-free ownership: An ideal addition to any investment portfolio. Lock in a great price today in a vibrant, well-connected location that also makes for an appealing retirement option down the road. This unit features a smart, functional layout with open living and dining areas, a well-appointed kitchen, a versatile solarium perfect for a home office, an in-unit laundry room, and two generously sized bedrooms. Residents enjoy impressive building amenities, including an indoor pool, sauna, fitness centre, party room, and ample visitor parking-all of which help attract and retain quality tenants. Situated in sought-after Britannia, you're just steps from shopping, restaurants, public transit, Highway 417, and the scenic Ottawa River pathways. Marina Bay offers the perfect blend of convenience and community, making this a solid, low-maintenance investment with strong long-term upside. Status certificate available. (id:61366)
Property details
- Property type
- Single Family
- Style
- Apartment
- Ownership
- Condo/Strata
- Bedrooms
- 2 (2 above)
- Bathrooms
- 2 (1 half)
- Living area
- 1,000–1,199 sq ft
- Parking
- 1 spaces
- Annual tax
- $2,768
- MLS®
- X12344212
- Board
- Ottawa
- Status
- Inactive
- Listed
- Aug 14, 2025
- Updated
- Jan 3, 2026
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 4.57 × 3.7 m |
| Dining room | Main level | 3.37 × 2.81 m |
| Solarium | Main level | 2.43 × 2.13 m |
| Kitchen | Main level | 3.65 × 2.36 m |
| Primary Bedroom | Main level | 4.49 × 3.2 m |
| Bedroom 2 | Main level | 3.83 × 2.66 m |
| Laundry room | Main level | 2.33 × 1.62 m |
Features & finishes
Appliances
- Washer
- Dishwasher
- Dryer
- Stove
- Hood Fan
Heating
- Forced air
- Electric
Cooling
- Central air conditioning
Exterior
- Brick
Parking
- Garage
- Underground
- Inside Entry
Lot
- Elevator
- Balcony
- Carpet Free
- In suite Laundry
Pool
- Outdoor pool
Financing
Estimated monthly payment
$1,683/mo
Loan amount
$287,840
Down payment
$71,960
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Ottawa
Nearby
About the area
Census · K2B- 33,254
- Population
- 40
- Median age
- $72,000
- Median income
- $460,000
- Median home value
- 36%
- Home ownership
- 27 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 603 - 2871 RICHMOND ROAD?
603 - 2871 RICHMOND ROAD is listed for $359,800, in Ottawa.
How many bedrooms and bathrooms does 603 - 2871 RICHMOND ROAD have?
It offers 2 bedrooms and 2 bathrooms (including 1 half-bath).
What type of home is 603 - 2871 RICHMOND ROAD?
603 - 2871 RICHMOND ROAD is a Single Family, Apartment.
How large is 603 - 2871 RICHMOND ROAD?
The home offers approximately 1,000–1,199 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 $1,683. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $2,768 per year.
Is there parking?
Yes — 603 - 2871 RICHMOND ROAD includes 1 parking space.
What is the Ottawa area like?
Ottawa has a population of about 33,254, a median age of 40, a 36% home-ownership rate, with an average commute of about 27 minutes.
What is the average home value in Ottawa?
The median dwelling value in this area is approximately $460,000, based on census data via Neighbourly.
What is the median household income in Ottawa?
The median household income in this area is approximately $72,000.
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