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601 - 40 Arthur Street

601 - 40 Arthur Street

West Centre Town, ON

  • 2 bed
  • 2 bath
  • approx. 1000-1199 sqft
  • Condo Apartment
$399,900Price reduced 1%

Experience elevated urban living in this 6th-floor gem, situated in a boutique 12-storey residence with only four units per floor. This beautifully maintained suite features an expansive, open-concept living and dining area that flows seamlessly to a private outdoor balcony, where you can enjoy the fresh air, views of the Ottawa River, Gatineau Hills. It is the perfect backdrop for morning coffee or evening sunsets. The kitchen is a bright, functional workspace complete with a large window that floods the room with natural light. The versatile floor plan offers two nice size bedrooms; the primary is so generous it is being used as a second sitting room with a TV, desk and bookcases. The second bedroom is a generous size currently being used as the main bedroom. Finishes include parquet hardwood and tile flooring, in-suite laundry, and a brand new (Aug 2025) dedicated HVAC for year-round climate control. Building amenities include a gym, sauna, workshop, and an outdoor patio with BBQs. Steps to the LRT, Little Italy, and the future Lebreton Flats development. CONDO FEES ARE ALL INCLUSIVE OF HEAT, HYDRO AND WATER

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Listing Details

Taxes (2025)
$3,664
Originally Listed
$405,000
Listed
March 13, 2026

Price History

Property

Style
Apartment
Construction
Stucco (Plaster)
Interior
Auto Garage Door Remote, Carpet Free

Parking

Garage
Underground
Covered Spaces
1
Total Parking
1

Utilities

Heat Source
Electric

Location & Legal

Cross Street
Somerset W
Parcel Number
151400019
Possession
Flexible
Occupancy
Owner

Condo

Maintenance Fee
$1,225/month
Fee Includes
Heat Included, Water Included, Common Elements Included, Parking Included, Hydro Included
Pets
Yes-with Restrictions
Locker
Common
Balcony
Open
Amenities
Community BBQ, Elevator, Exercise Room, Sauna, Visitor Parking

Included

Inclusions
Fridge, Stove, Dishwasher, Washer & Dryer
Exclusions
None

Schools

Elementary

  • École intermédiaire catholique Saint-Jean-Baptiste0.1 km

    French Catholic · CSDC du Centre-Est de l'Ontario

  • Cambridge Street Community Public School0.4 km

    Public · Ottawa-Carleton DSB · 95 students

    Grade 6 math: 23% met the provincial standard

  • Richard Pfaff Intermediate School0.5 km

    Public · Ottawa-Carleton DSB

Secondary

  • École secondaire catholique Saint-Jean-Baptiste0.1 km

    French Catholic · CSDC du Centre-Est de l'Ontario

  • Richard Pfaff Secondary Alternate Site0.5 km

    Public · Ottawa-Carleton DSB · 225 students

  • Urban Aboriginal Alternate High School0.6 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 K1R

Population
20,343
Private dwellings
12,836
Median age
36
Average household size
1.7
Median household income
$74,000

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 West Centre Town · last 12 months

Median sold price
$667,000
Homes sold
175
Median days on market
20
Sale-to-list price
98.0%

Based on 175 recorded sales of residential condo & other properties in West Centre Town over the last 12 months.

Rooms

2-piece, 4-piece

Main

  • Bedroom 213'7" x 11'3"
  • Dining Room11' x 9'9"
  • Kitchen10'7" x 9'7"
  • Laundry3'3" x 4'11"
  • Living Room21'11" x 13'
  • Primary Bedroom16'9" x 10'3"

Listed by

ROYAL LEPAGE TEAM REALTY

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$79,980

Estimated Monthly Payment

$1,965

Land transfer tax

Estimated land transfer tax$4,474

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: $1,965/mo (20% down, 5.5%)

Taxes: $305/mo · Insurance: $100/mo

Maint: $1,225/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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