$799,000
For sale: Detached

Location!Location!Location! Steps to the Rideau Canal. 3-storey detached home in downtown Ottawa is nestled in the heart of the Golden Triangle, an excellent investment opportunity in one of our city's most walkable and consistently sought after locations.Currently 5 bedroom 3.5 bathroom offering great curb appeal and would be an amazing home for young professionals and snow birds. 1st floor offers 2 bedrooms that were previously used as living and dining area and would be easy be easy open again, a family room, large kitchen with eat-in area. 2nd level offers a large primary bedroom with a 3-piece ensuite and access to a private deck, a second bedroom that also includes its own 3-piece ensuite, while centrally located laundry on the 2nd level that adds everyday convenience. 3rd level provides a bonus bedroom with a 3-piece bath, offering excellent potential as a private primary retreat, guest suite, or additional income-generating space. Outside, the fully fenced yard with a stamped concrete patio delivers low-maintenance outdoor living and added appeal. Investors take note of this 3-story home ideal for multi-unit conversion to maximize future rental income. Boasting spacious interiors, high ceilings, hardwood on main level this home is just waiting for some new paint and minor updates to make it shine! This home by the Rideau Canal is special offering rarely available large private deck, parking and a flexible indoor layout...the possibilities are endless! Minutes to Ottawa University, DND with the new footbridge and walkable to Parliament and the NAC, with all of Ottawa's downtown charm and amenities this a strategic acquisition for any downtown investors portfolio and downtown dwellers alike, this property delivers on both location and long-term return.Steps to the Ottawa University foot bridge, Elgin Street & major employment hubs, this property benefits from strong tenant appeal and long-term appreciation potential. Some pictures have been AI touched up.
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 47, across 1,099 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.
The median sale price was $839,900.
Homes sold for about 1.9% 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 1,099 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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