$674,900
For sale: Detached

Welcome to 464 Mutual Street, a fantastic opportunity in Ottawa's Gloucester area! This charming 1950s single-family home offers 3 bedrooms, 1.5 bathrooms, a detached garage, and sits on an impressive 60 x 112 ft lot with desirable R3A zoning. Whether you're a homeowner looking for a property with character, an investor seeking long-term value, or a developer exploring future possibilities, this property offers exceptional potential.The generous lot provides plenty of flexibility for renovation, expansion, or exploring future redevelopment opportunities, while the existing home offers a solid starting point for those looking to personalize and make it their own. The detached garage adds valuable storage and parking options, making this property both practical and versatile.Location is a key feature, with convenient access to major roads, public transit, shopping, restaurants, schools, parks, and everyday amenities. Enjoy being within easy reach of Gloucester's extensive retail and services, including St. Laurent Shopping Centre and nearby commercial amenities, while also having quick access to downtown Ottawa, the Rideau River, parks, recreational facilities, and the University of Ottawa. With nearby transit connections and major routes, commuting throughout Ottawa and surrounding areas is convenient.Opportunities like this - combining a substantial lot, R3A zoning, an established neighbourhood, and convenient access to amenities - are increasingly difficult to find. Whether you choose to renovate, expand, hold as an investment, or investigate future development potential, 464 Mutual Street is worth exploring.Don't miss your opportunity to secure a property with character, flexibility, and long-term upside. Book your showing today!Home is being sold as-is (Schedule B).
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.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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