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    for sale
    67 Days on Strata

    502 - 179 George St

    $364,000
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    1 Bed
    1 Bath
    1 Parking
    700 - 799 SQFT

    Price History


    Maintenance Fees:
    $512/mth
    Taxes:
    $2,867 (2025)
    Property Type:
    Condo Apartment
    Cost Per Sqft:
    $456 - $520/sqft
    Outdoor Space:
    Enclosed/Solarium
    Ensuite Laundry:
    Yes
    Locker:
    Exclusive
    Possession Date:
    TBD
    Exposure:
    South

    Amenities

    Gym
    Party Room

    About this Listing

    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.*

    ExtrasStove, Dryer, Washer, Refrigerator, Dishwasher, Hood Fan

    exp realtyMLS® #X12753530

    Utilities & Inclusions

    Hydro
    Included
    Heat
    Included
    Air Conditioning
    Not Included
    Water
    Included
    Parking
    Included
    Building Maintenance
    Not Included
    Building Insurance
    Not Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Rooms


    Kitchen
    11.98 x 8.33ft
    Living
    11.98 x 12.14ft
    Primary
    8.66 x 8.14ft
    Bathroom
    8.14 x 5.48ft

    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

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    Days on Strata

    Units at East Market 3 spend an average of
    15
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Lowertown

    Turnover of Units

    On average, each unit is owned for
    16.4
    YEARS before being sold again

    Property Value

    2%
    Increase in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 16 condos in the Lowertown area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    8
    Units were Rented over the past twelve months

    Best Value Rank

    East Market 3 offers the
    ?
    N/A
    best value out of 16 condos in the Lowertown neighbourhood

    Appreciation Rank

    East Market 3 has the
    ?
    N/A
    highest ROI out of 16 condos in the Lowertown neighbourhood

    Rental Yield

    East Market 3 yields the
    ?
    N/A
    highest rent prices out of 16 condos in the Lowertown neighbourhood

    High Demand

    East Market 3 is the
    ?
    N/A
    most popular building out of 16 condos in the Lowertown neighbourhood

    Market Insights

    Transaction Insights at East Market 3

    1 Bed1 Bed + Den2 Bed
    Price Range$260,000 - $349,000No DataNo Data
    Avg. Cost Per Sqft$485No DataNo Data
    Avg. Wait for Unit Availability185 DaysNo Data87 Days
    Ratio of Units in Building58%2%40%

    Market Inventory

    Total number of units listed and sold in Lowertown