502 - 179 George Street
Lower Town - Sandy Hill, ON
- 1 bed
- 1 bath
- approx. 700-799 sqft
- Condo Apartment
- 211 days on market
WELCOME TO THIS IMMACULATE 1-BEDROOM CONDO IN THE SOUGHT-AFTER EAST MARKET DEVELOPMENT at 179 GEORGE STREET, LOCATED IN THE HEART OF LOWER TOWN & THE BYWARD MARKET; PERFECT FOR INVESTORS & FIRST TIME BUYERS. This modern suite features an open-concept layout, hardwood flooring, and full-height windows that flood the space with natural light. The kitchen, featuring a 2022 Stainless Steel Refrigerator, dining, and living area flow seamlessly, creating a functional layout ideal for everyday living and entertaining. Right off the living room step outside to a large balcony, perfect for morning coffee or evening city views. The spacious primary bedroom offers convenient in-suite laundry and a 4-piece ensuite bathroom. This unit also includes one underground parking space and a storage locker. Currently tenanted at $1,790/month (on month to month), plus $200/month for parking (separate tenant); Great market rent for investors! Tenants are happy to stay, offering excellent investment potential, or vacant possession can be provided. Steps to transit, Parliament, Rideau Centre, University of Ottawa, grocery stores, cafés, restaurants, and everything the ByWard Market has to offer. 24-hour irrevocable on all offers. *Note: Some photos are from unit before occupancy and some during occupancy.*
Listing Details
- Taxes (2025)
- $2,867
- Listed
- February 3, 2026
Price History
Property
- Style
- Apartment
- Construction
- Brick
- Interior
- None
Parking
- Garage
- Underground
- Covered Spaces
- 1
- Total Parking
- 1
Utilities
- Heat Source
- Gas
Location & Legal
- Cross Street
- Centrally located at the corner of George and Cumberland in the heart of the Byward Market
- Parcel Number
- 157350167
- Possession
- Flexible
- Occupancy
- Tenant
Condo
- Maintenance Fee
- $512/month
- Fee Includes
- Heat Included, Water Included, Hydro Included
- Pets
- Yes-with Restrictions
- Locker
- Exclusive
- Balcony
- Enclosed
- Amenities
- Exercise Room, Party Room/Meeting Room
Included
- Inclusions
- Stove, Dryer, Washer, Refrigerator, Dishwasher, Hood Fan
- Rental Items
- N/A
Schools
Elementary
- York Street Public School0.5 km
Public · Ottawa-Carleton DSB · 275 students
Grade 3 reading: 29% met the provincial standard · Grade 6 math: 20% met the provincial standard
- École élémentaire catholique Sainte-Anne0.6 km
French Catholic · CSDC du Centre-Est de l'Ontario · 305 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 81% met the provincial standard
- École élémentaire publique Francojeunesse0.7 km
French public · CÉP de l'Est de l'Ontario · 550 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 80% met the provincial standard
Secondary
- École secondaire publique De La Salle0.7 km
French public · CÉP de l'Est de l'Ontario · 950 students
Grade 10 literacy: 93% met the provincial standard
- Lisgar Collegiate Institute0.9 km
Public · Ottawa-Carleton DSB · 960 students
Grade 10 literacy: 91% met the provincial standard
- Urban Aboriginal Alternate High School2 km
Public · Ottawa-Carleton DSB
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K1N
- Population
- 26,639
- Private dwellings
- 17,122
- Median age
- 34
- Average household size
- 1.8
- Median household income
- $64,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Condo & Other in Lower Town - Sandy Hill · last 12 months
- Median sold price
- $474,000
- Homes sold
- 224
- Median days on market
- 34
- Sale-to-list price
- 96.7%
Based on 224 recorded sales of residential condo & other properties in Lower Town - Sandy Hill over the last 12 months.
Rooms
4-piece
Main
- Bathroom8'2" x 5'6"
- Kitchen12' x 8'4"
- Living Room12' x 12'2"
- Primary Bedroom8'8" x 8'2"
Listed by
EXP REALTY
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$72,800
Estimated Monthly Payment
$1,788
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,788/mo (20% down, 5.5%)
Taxes: $239/mo · Insurance: $91/mo
Maint: $512/mo
Estimates only. Consult a financial advisor.
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