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For Sale

489 Sussex Drive 4 #4

4001 - Lower Town/Byward Market, Lower Town - Sandy Hill, ON
$450,000
1Bd
1Ba
650+sqft
1Parking
$692/sqft
CondoMLS# X12914910Listed 2026-03-2442 DOM
Cooling
Central Air

On the market for 42 days — longer than average. The seller may be open to negotiation.

About this home

Experience refined urban living in this beautifully renovated heritage residence on prestigious Sussex Drive. Ideally situated in the heart of Ottawa's vibrant ByWard Market, just steps from boutique shops, trendy restaurants, the National Gallery, Rideau Centre, and scenic Major's Hill Park. Inside, an elegant and inviting interior welcomes you with a bright open-concept living and dining space, highlighted by rich hardwood floors, a cozy gas fireplace, and a striking exposed stone accent wall. The beautifully renovated kitchen features sleek quartz countertops, stainless steel appliances, and a convenient storage closet. The spacious bedroom offers charming views of Sussex Drive and includes a generous walk-in closet. Spa-like 3-piece bathroom, complete with an oversized glass shower and heated towel rack. Additional features include in-suite laundry, underground parking, and a storage locker. A rare opportunity to enjoy a seamless mix of historic charm and contemporary living - all in one of Ottawa's most iconic settings. NCC leased land, Co-Tenancy Corp - cash purchase only. 48 hour irrevocable.

RenovatedHardwoodFireplace

Rooms

Main Floor
Foyer2.31 × 1.38 m
Living Room3.78 × 3.70 m
Dining Room3.39 × 2.67 m
Bedroom3.46 × 2.71 m
Bathroom3.01 × 1.78 m
Kitchen3.28 × 2.78 m
Other1.35 × 1.33 m
Other2.71 × 1.53 m

Features

  • Carpet Free
  • Storage Area Lockers
  • None
  • Central Air
  • Apartment

Financials

Annual Taxes
$2,675.19

Estimated Rental Income

Entire property$2,100 – $2,800/mo
Rental yield5.6% – 7.5%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Lower Town - Sandy Hill

Days on market42 days
Buyer's MarketSeller's Market

Based on active listings in Lower Town - Sandy Hill. Data updates daily.

Our estimate for this home

Priced 6.1% below estimate
Estimated range
$443K$515K
Mid-point $479K · ~$737/sqft
How this listing compares
$443KList · $450K$515K
High confidence·Based on 8839 gta-wide comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$450,000
489 Sussex Drive 4, Lower Town - Sandy Hill
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