Sold for:Sold Sep 10, 2025
$519,000

Unit 506, 556 Laurier Avenue W

Ottawa (Ottawa Centre), ON K1R 7X2

Condo Apartment SoldNot available
Kevlee Tower exteriorKevlee TowerSee every listing here
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for Unit 506, 556 Laurier Avenue W, Ottawa, Ottawa Centre

2025-08-21
2025-09-10
Sold
Price
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MLS#
x12356404

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 506, 556 Laurier Avenue W, Ottawa, Ottawa Centre

Welcome to 556 Laurier Avenue West, a beautifully maintained 2-bedroom, 2-bath condo offering the perfect blend of style, comfort, and convenience in the heart of downtown Ottawa. This bright and spacious unit has been thoughtfully renovated with modern finishes, including quartz countertops in the kitchen and baths, stainless steel appliances, laminate and tile flooring, and a fresh neutral palette throughout. The open living and dining area is filled with natural light, creating a warm and inviting atmosphere that flows seamlessly onto an oversized private balcony ideal for morning coffee, evening unwinding, or entertaining. The primary bedroom features generous closet space and a full ensuite, while the second bedroom and bath provide versatility for family, guests, or a work-from-home option. Additional conveniences include in-unit laundry, covered parking, and a storage locker. The building itself is in excellent standing and offers premium amenities such as an indoor pool, two-level fitness centre, sauna, party room, workshop, bicycle storage, and more all with a reasonable condo fee. Perfectly located, you're just steps from transit, shopping, restaurants, cultural hubs, and the future home of the Ottawa Senators at LeBreton Flats. Live, work, and play with everything you need right at your doorstep. Schedule your visit, today!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,603
Land Transfer Tax Fee
$6,855

Condo/Maintenance Fee

Maintenance Fee
$793 /month

Included In Maintenance Fee

  • Water Included
  • Common Elements Included
  • Building Insurance Included

Rental Items

Rental Equipment
n/a

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
In-Suite Laundry
Interior Extras
Carpet Free, Water Heater Owned, Storage Area Lockers
View
City, River
Security Features
Security System
Fireplace/Stove
Yes
Fireplace Features
Electric
Elevator
No

Exterior Features

Balcony
Open

Building Amenities

  • Bike Storage
  • Elevator
  • Gym
  • Indoor Pool
  • Guest Suites
  • Party Room/Meeting Room

Building

Building Type
Condo Apartment
Building Style
Apartment
Condo Corp Number
289

Construction

Exposure
South West
Exterior Finish
Brick, Concrete
Special Designation
Unknown

Inclusions

Inclusions
Stove, Microwave Hood fan, Dishwasher, Refrigerator, Washing machine, Dryer, All built in shelves, Window coverings, 1 electric fireplace, Hot water tank

Parking & Garages

Garage Type
Carport
Garage Spaces
1
Parking Type
Owned
Parking Spaces
1
Total Garage And Parking Spaces
1

Lockers

Locker Type
Exclusive

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
Central Air

Bedrooms
2
Washrooms
2
Kitchens
1

Room sizes

  • Living Room—
    Main level
  • Dining Room—
    Main level
  • Kitchen—
    Main level
  • Primary Bedroom—
    Main level
  • Bedroom—
    Main level
  • Bathroom—
    Main level, 4 Pc Bath
  • Bathroom—
    Main level, 3 Pc Ensuite

Washrooms

  • 3-piece
  • 4-piece

Municipality
Ottawa
Neighbourhood
Ottawa Centre
Main cross streets
Percy St
Directions
Located on Laurier Avenue West between Bronson Avenue and Bay Street.

MLS® number
X12356404
Data source
Toronto Regional Real Estate Board
Status change
2025-09-10
Listed on
2025-08-21
Days on market
20 days
Possession date
2025-11-10
Possession type
Flexible
Co-op commission
2.5
Seller
Listed by
COLDWELL BANKER FIRST OTTAWA REALTY

Home Market Value

Current home valuation for Unit 506, 556 Laurier Avenue W, Ottawa, Ottawa Centre, Ottawa, ON. Listed for $519,000

HOMEH Estimate

?

$459,000

Estimated Sales Range

?

$372,375 - $545,625

HOMEH Estimate for Unit 506, 556 Laurier Avenue W, Ottawa, Ottawa Centre

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$459,000High confidence
Based on 4 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Ottawa, ON
Minimum Down Payment Required:5.2%

5% on first $500K + 10% on $19,000 over $500K

Minimum down payment

$26,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$19,680$14,480$12,352$0
=Total mortgage
$511,692$481,580$453,502$415,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,498monthly$2,351monthly$2,214monthly$2,027monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$6,855

Total Land Transfer Tax

$6,855

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