$650,000
For sale: Detached

Oh the possibilities! Loved by the same family since it was built post war, its now time to find someone who will write its new chapter. Keep and renovate this charming home and enjoy a yard the size of a park, or, add a coach house (or two) on this giant lot that measures 70 feet by 189 feet and have extended family live near you or create rental units. The new zoning permits up to four units and this could be in the form of an apartment style block or maybe more fitting to the neighbourhood, 2 front and 2 rear townhomes which, because of the fantastic overall depth, would still benefit form having very decent sized yards. Maybe even get permission to get some SDUs in those new homes creating mortgage helpers for the new families who move in. If you are renovating, the basement will require some waterproofing but the upstairs bones are in very decent shape to work with and if you are purchasing with the intention to build later, the house could be easily rented while you put your long term plans in place. Garage needs work as well but could be functionable. Steps to a lovely park and the public school beyond, with easy access to Fisher Avenue or Prince Of Wales, this is a great location undergoing so may transformations, a neighbourhood close to the core and with excellent access to greenspaces like Mooney's Bay and the Vincent Massey Park not far away. Worth checking out!
Sold data
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 48, across 1,016 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 45 days.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 $829,450.
Homes sold for about 2.0% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 1,016 recorded sales in the last 90 days. 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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