$849,900
For sale: Detached

Redevelopment opportunity in a prime location! Don't miss your chance to own this spacious 5-bedroom, 2-bath bungalow situated on a large 50 x 138.5 ft lot. Featuring a separate basement entrance with an in-law suite, this property offers excellent income potential and endless possibilities for investors, builders, or families looking to customize their dream home. Conveniently located close to amenities, transit, schools, and more. A rare opportunity with tremendous upside! The owners have already completed the architectural design, grading plan, mechanical plan, structural plan, survey, and asbestos reports for the property. The proposed development is a single home with two additional dwelling units (3 units total), consisting of:Second Floor: 3 bedrooms and 2 full bathroomsMain Floor: 3 bedrooms and 2 full bathroomsBasement Unit: 2 bedrooms and 1 full bathroom. The architectural design is available upon request. The house is currently vacant, allowing a purchaser to immediately begin interior renovations.
Sold data
Homes in Alta Vista took a median of 10 days to sell over the last 730 days, with the quickest quarter selling within 8 days and the slowest quarter taking more than 21, across 54 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 14 days.
The median sale price was $807,450.
Homes sold for about 1.2% below asking on average, so there was room to negotiate.
About 22% of sales closed above the list price.
Around 7% of sellers reduced their price before finding a buyer.
Based on 54 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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