$995,000
For sale: Detached

Opportunity is best when it offers flexibility. This legal Secondary Dwelling Unit (SDU) bungalow in sought after Parkway Park features two fully self contained residences, making it an outstanding opportunity for investors, homeowners looking to offset their mortgage, or families seeking multi generational living in one of Ottawa's most connected west end neighborhoods. The seller is flexible and can accommodate either a quick closing or a longer possession to suit your needs. The main residence offers approximately 1,380 sq. ft. with 4 bedrooms, 2.5 bathrooms, main floor laundry, a bright open layout, and a brand new refrigerator. The legal lower level suite spans approximately 1,100 sq. ft. and features its own private entrance, 4 bedrooms, 2 full bathrooms, in unit laundry, and an open concept kitchen, dining, and living area. Together, the property offers 8 bedrooms, 4.5 bathrooms, and two completely independent living spaces. Completed through a comprehensive, city approved conversion, the legal SDU includes separate hydro meters, hardwired smoke detectors, oversized egress window, fire separation, updated mechanical systems, and quality finishes throughout. Occupancy permit, ESA certificates, city approved plans, and a complete list of improvements are available. Outside, enjoy excellent curb appeal, cohesive updates, and a large private backyard with a patio. Ideally located just minutes from Algonquin College, College Square, Queensway Carleton Hospital, Pinecrest Recreation Complex, parks, shopping, restaurants, Highway 417, and transit, this is a rare turnkey opportunity in a high demand rental corridor. Future potential may include a coach house or above grade expansion, subject to municipal approvals. A documented legal SDU offering exceptional flexibility, quality craftsmanship, and outstanding long term value.
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 49, across 1,073 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 45 days.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 $830,000.
Homes sold for about 2.0% 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.
Based on 1,073 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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