700 Sussex Dr

700 Sussex Drive is an 11-storey mid-rise apartment condominium located in Ottawa's Lower Town/Byward Market neighbourhood, steps from the Rideau Street rapid-transit station. The building contains residential units with an average sold size of approximately 1,100 square feet; recent sales have averaged around $775,000, or roughly $620 per square foot. Monthly condo fees average $1,361, or about $0.91 per square foot, and include water and building insurance. The property is managed by Condominium Management Group. Pets are permitted subject to restrictions. Given the mid-rise density and active resale market in this central urban location, prospective buyers should request and have professionally reviewed the status certificate, reserve fund study, financial statements, board minutes, and by-laws before finalizing their offer.