$529,900
For sale: Other

Fantastic opportunity to own income property with good tenants. Both the charming main house and the coach house are on the same lot. A RARE INVESTMENT! Located in the up-and-coming neighbourhood of Vanier and both are carpet free. The Main House is a 2-storey with 3 bedrooms, 1.5 bathroom. The main floor is bright and spacious with an open concept living /dining room, powder room, a spacious kitchen with pantry, hardwood flooring, laundry, and access to the backyard. The upper floor has hardwood flooring, a 3pc bathroom, 2 bedrooms and a good-sized closet. The main house has forced air heating and central A/C. The little coach house is an income-producing fully serviced 1 bedroom/1 bathroom with laundry located in the backyard, an ideal set-up to maximize the potential of this unique property. Both houses are presently rented monthly and tenants would like to stay. Plenty of parking, great location, walking distance to stores and restaurants...with amazing long term potential.
Sold data
Other homes in Ottawa took a median of 28 days to sell over the last 730 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 58, across 45 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.
The median sale price was $799,000.
Homes sold for about 2.5% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
Based on 45 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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