464 MUTUAL STREET, Ottawa

$674,900

For sale: Detached

Detached at 464 MUTUAL STREET, Ottawa
Property type
Detached
Bedrooms / bathrooms
3 bedrooms, 2 bathrooms
Living area
1,500 sqft
MLS®
MLS® X13764500
Neighbourhood
3503 - Castle Heights

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 — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.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.

Median days to sell
24
Median sale price
$839,900
Sale-to-list ratio
98.1%
Sold above asking
14%

Based on 1,099 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Ottawa

Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.

Rated schools
217
Elementary
174
Secondary
43
Average rating
6.2 / 10

Top-rated schools in Ottawa

  • Hopewell AvenueelementaryFraser rating 8.5/10
  • Agincourt RoadelementaryFraser rating 8.4/10
  • First AvenueelementaryFraser rating 8.4/10
  • NepeansecondaryFraser rating 8.3/10
  • ElmdaleelementaryFraser rating 8.2/10
  • Jean-Robert GauthierelementaryFraser rating 8.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 464 MUTUAL STREET