$999,900
For sale: Detached

Income-Generating Bungalow with Legal Basement Apartment & Development Potential; welcome to 3653 Albion Road, a fantastic opportunity for homeowners, investors and developers alike! This well-located 3-bedroom bungalow offers comfortable main-floor living along with a recently finished legal basement apartment featuring a separate entrance and separate Hydro meter. The basement apartment includes 2 bedrooms, a kitchen, living area, and 2 bathrooms, providing an excellent opportunity for rental income or extended-family living.The property also features a very deep backyard, offering plenty of outdoor space and significant future potential. With N2B zoning, the property presents an attractive opportunity for buyers looking to explore future redevelopment possibilities, subject to City of Ottawa approvals and applicable zoning requirements. Convenient location close to Bank Street and Hunt Club Road, minutes to South Keys Shopping Centre, easy access to Ottawa International Airport, public transit, shopping, restaurants, schools and major roadways. Whether you're looking for a home with income potential, a property suitable for multigenerational living, or an investment with future development possibilities, 3653 Albion Road offers a unique combination of location, functionality and opportunity. A great opportunity for homeowners and investors - don't miss it!
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.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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