1 & 2 - 1627 CHAUCER AVENUE, Ottawa

$865,000

For sale: Detached

Detached at 1 & 2 - 1627 CHAUCER AVENUE, Ottawa
Property type
Detached
Bedrooms / bathrooms
6 bedrooms, 2 bathrooms
Living area
1,500 sqft
MLS®
MLS® X13455870
Neighbourhood
3602 - Riverview Park

Multi-Unit and Legal Secondary dwelling 2016, on a corner lot. Great investment close to CHEO and Ottawa Hospital. 6 Rooms, 2 full Baths, 3 parking and a separate entrance. Total Lot size 4,897.57 ft(0.112 ac). TWO UNITS, separate entrance and two electric meters. Always fully rented due to excellent location. Approx more than $100K in renovations from 2015 to today. The MAIN LEVEL: renovated 2015 living/dining room floor with cozy electric fireplace, 3 bedrooms, a full bathroom and open concept kitchen, patio door, deck, and own washer/dryer. The SECOND UNIT has 3 bedrooms, one full bathroom, a kitchen, its own laundry room, and a separate entrance. Fully renovated in 2015, all floors, one big window with a deep window well, deck, fresh paint in 2026, just like a separate in-law suite. Roof 2007 and singles 2024, Gas Furnace 2015, HWT 2015, few Windows 2021-2015, Eavestroughs and downspouts 2015, 2016 SuperSump pump system installed to ensure a dry basement, water guard sub-floor drainage system. Separate Hydro meter installed. Both units are fully rented and getting good income. Perfect for INVESTORS. The buyer can rent both units or live in one and rent the other to help pay the mortgage. The options are endless! Walking distance to General Hospital and CHEO, and 5 min drive to Train Yard shopping centre. Income property with capital growth opportunity. In the desirable and safe community of Riverview Park. See the attached list and the income and expenses provided to investors. Roof will be replaced before closing date. Windows in the bedrooms and kitchen for both units will be replaced before the closing date

Sold data

Detached homes in Ottawa — recent sold market

Detached homes in Ottawa took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 47, across 1,099 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.

The median sale price was $839,900.

Homes sold for about 1.9% below asking on average, so there was room to negotiate.

About 14% of sales closed above the list price.

Around 23% of sellers reduced their price before finding a buyer.

Median days to sell
24
Median sale price
$839,900
Sale-to-list ratio
98.1%
Sold above asking
14%

Based on 1,099 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Ottawa

Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.

Rated schools
217
Elementary
174
Secondary
43
Average rating
6.2 / 10

Top-rated schools in Ottawa

  • Hopewell Avenue — elementaryFraser rating 8.5/10
  • Agincourt Road — elementaryFraser rating 8.4/10
  • First Avenue — elementaryFraser rating 8.4/10
  • Nepean — secondaryFraser rating 8.3/10
  • Elmdale — elementaryFraser rating 8.2/10
  • Jean-Robert Gauthier — elementaryFraser rating 8.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 1 & 2 - 1627 CHAUCER AVENUE