232 - 340 Mcleod Street

Welcome to the splendid apartment for sale in Ottawa , located at 340 Mcleod Street, Ottawa. This delightful condo, known as The Hideaway, is a bright and spacious one-bedroom apartment that embodies modern living in one of Centretown’s most sought-after and amenity-rich buildings. With a charming exterior of brick, this building is not only aesthetically pleasing but also offers a comfortable and contemporary lifestyle.

As you enter the apartment for sale in Ottawa, you will immediately appreciate the well-designed layout. The stylish kitchen is equipped with stainless steel appliances and flows seamlessly into the open-concept living area, which is bathed in natural light, creating an inviting atmosphere. This spacious living area is perfect for entertaining guests or simply relaxing after a long day. Although there is no den in this unit, the generous living space provides ample room for various furniture arrangements, allowing you to make it your own.

The apartment features a generously sized bedroom that includes a walk-in closet, providing plenty of storage for your belongings. The convenience of in-suite laundry is a fantastic addition, making laundry day a breeze. Furthermore, there is a full-sized coat/entry closet with custom shelving, ensuring that you have enough space for all your outerwear and accessories.

One of the standout features of this apartment for sale in Ottawa is the private south-facing terrace, which offers a serene outdoor space surrounded by lush gardens. This terrace is a true sanctuary for city living, allowing you to enjoy your morning coffee or unwind with a good book in the fresh air. While the building does not have a pool, the tranquil gardens provide a perfect escape from the hustle and bustle of urban life.

In terms of amenities, The Hideaway truly excels. Although there is no family room or additional rooms in this unit, residents can take advantage of the resort-style amenities available in the building. These include two well-equipped gyms, party rooms for social gatherings, and a theatre room for movie nights with friends. While there is no central vacuum system, the convenience of central air conditioning ensures a comfortable living environment throughout the year.

For those who require parking, this apartment for sale in Ottawa comes with one underground garage space, providing secure and convenient access to your vehicle. It’s worth noting that there is no additional land associated with this property, but the location more than compensates for it. Situated just off Bank Street, you are a mere five-minute walk from the vibrant Glebe neighbourhood, the picturesque Canal, and the bustling Elgin Street, where you can enjoy an array of shops, restaurants, and cultural attractions.

The age of the building is between six to ten years, which means you can enjoy modern conveniences and a well-maintained environment. The absence of a fireplace and pool may seem like drawbacks, but the overall charm and features of this apartment for sale in Ottawa make it a fantastic choice for anyone looking to embrace a contemporary lifestyle in the heart of the city.

In summary, 340 Mcleod Street, Ottawa, offers an exceptional opportunity to own a sleek, modern condo in a prime location. With its bright living spaces, stylish kitchen, and wonderful amenities, this apartment for sale in Ottawa is not to be missed. Whether you are a first-time buyer or looking to downsize, The Hideaway is the perfect place to call home. Don’t hesitate to arrange a viewing and experience the charm of this remarkable property for yourself!

Ottawa Centre, designated as postal code 4103, is a vibrant and central neighbourhood in the heart of Canada’s capital, Ottawa. This area boasts a rich tapestry of cultural diversity, with an array of shops, restaurants, and cafes that reflect its cosmopolitan character. Residents enjoy easy access to numerous parks, recreational facilities, and the scenic Rideau Canal, making it an ideal location for outdoor enthusiasts. The community is well-served by public transport, connecting you effortlessly to the rest of the city, including the historic ByWard Market and the Parliament Buildings. With its blend of urban convenience and green spaces, Ottawa Centre offers a lively yet welcoming atmosphere for those looking to make it their home.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. The closest elementary school is Glashan Public School, just 0.3 km away, offering grades 7 to 8, although it currently has a school rating of 0. For younger children, First Avenue Public School (0.8 km) and Elgin Street Public School (0.5 km) provide quality education in English and French, respectively, with ratings of 8.5 and 7.5. Hopewell Avenue Public School, located 2.1 km away, is another strong option, offering grades JK to 8 in French and boasting a commendable rating of 9. For secondary education, Lisgar Collegiate Institute (1.1 km) has a solid rating of 7.9, while Immaculata High School (1.0 km) offers a Catholic education with a rating of 5.8. Additionally, Corpus Christi School (1.1 km) provides a Catholic elementary education with a rating of 5.9. Overall, the area is well-served by a variety of public and Catholic schools, ensuring that families have access to quality education options within a short distance from the property.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,616 residents, with an average household size of 1.5 individuals. The demographic profile indicates a relatively young community, with an average age of 35.3 years. The average household income stands at $104,400, reflecting a fairly affluent neighborhood, although 13.9% of the population is classified as low-income. The real estate market is characterized by an average property price of $500,000, with a notable percentage of residents (57.76%) identifying as single. Households with children make up 17.65% of the community, while immigrants constitute 17.94% of the population, contributing to the area's diversity. A significant portion of the residents, 59.81%, are renters, and condos dominate the housing landscape, comprising 72.9% of the available properties. Education levels are high, with 85.96% of the population holding a college or university degree, while 12.33% of residents are not in the labor force. This demographic snapshot highlights a vibrant, educated, and diverse community, making it an appealing location for potential homeowners and investors alike.