2951 Riverside Drive Unit 909, Ottawa

We have found 6 Condos that closely match the specifications of the property located at 2951 Riverside Drive Unit 909 with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 289,000 and 369,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Condos in the K1V8W6 postal code area of Ottawa Ontario Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 2951 Riverside Drive Unit 909. The current price of the property is $275,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $220,000. This would result in a monthly mortgage payment of $1,286 over a 25-year amortization period.