1047 RICHARD AVENUE, Ottawa
$749,000
For sale: Detached
- Property type
- Detached
- Bedrooms / bathrooms
- 4 bedrooms, 2 bathrooms
- Living area
- 1,100 sqft
- MLS®
- MLS® X13730990
- Neighbourhood
- 4601 - Billings Bridge
Welcome to 1047 Richard Avenue, a well-maintained bungalow set on a spacious 50 x 100 ft lot in Ottawa, offering excellent flexibility for families, multi-generational living, or potential rental income.The main level features a bright and functional layout with three generously sized bedrooms and a full bathroom, providing comfortable everyday living. The updated kitchen showcases granite countertops, tile flooring, and beautiful solid oak cabinetry, while hardwood flooring continues throughout the remainder of the main level. Large windows fill the home with natural light, creating a warm and inviting atmosphere.The lower level offers exceptional additional living space with a large family room featuring a gas fireplace, a fourth bedroom, flexible den space, partial bathroom, and a newly installed kitchenette. Combined with the convenient side entrance, this level provides an ideal setup for an in-law suite or potential income-generating unit.Outside, the expansive lot offers plenty of room for outdoor entertaining, gardening, or future landscaping projects.Ideally located within walking distance to parks, transit, and everyday amenities, this home presents a fantastic opportunity for homeowners seeking versatility or investors looking for added income potential in a desirable Ottawa neighbourhood.
Sold data
Homes in Ottawa — recent sold market
Homes in Ottawa took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 50, across 2,342 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 45 days.
The median sale price was $649,000.
Homes sold for about 2.1% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 22% of sellers reduced their price before finding a buyer.
- Median days to sell
- 26
- Median sale price
- $649,000
- Sale-to-list ratio
- 97.9%
- Sold above asking
- 11%
Based on 2,342 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 1047 RICHARD AVENUE
$804,900
Detached421,100–1,500 sqft20 PARTHIA AVENUE, 7201 - City View/Skyline/Fisher Heights/Parkwood Hills, Ottawa
$744,000
Detached421,500–2,000 sqft1416 WOODWARD AVENUE, 5301 - Carlington, Ottawa
$874,900
Detached4+12700–1,100 sqft109 MEADOWLANDS DRIVE W, 7301 - Meadowlands/St. Claire Gardens, Ottawa
$860,000
Detached4+121,100–1,500 sqft1255 REMINGTON WAY, 1601 - Greely, Ottawa
$659,000
Detached32700–1,100 sqft560 KIRKWOOD AVENUE, 5003 - Westboro/Hampton Park, Ottawa
$765,000
Detached5+221,500–2,000 sqft65 DAVID DRIVE, 7301 - Meadowlands/St. Claire Gardens, Ottawa
$619,000
Detached421,100–1,500 sqft535 DUNBRACK STREET, 3502 - Overbrook/Castle Heights, Ottawa
$749,000
Detached3+131,100–1,500 sqft25 WESTERRA WAY N, 801 - Kemptville, North Grenville