517-517B SHOREWAY DRIVE, Ottawa

$2,198,000

For sale: Detached

Detached at 517-517B SHOREWAY DRIVE, Ottawa
Property type
Detached
Bedrooms / bathrooms
7 bedrooms, 4 bathrooms
Living area
3,500 sqft
MLS®
MLS® X13848624
Neighbourhood
1601 - Greely

Welcome to an exceptional custom-built luxury estate nestled in the highly sought-after Lakewood Trails community, one of Ottawa's premier executive neighbourhoods, offering exclusive access to private lakes, community pool, fitness center. Designed with flexibility, comfort and investment value in mind, this remarkable residence offers approximately 6,600 sqft. of beautifully finished living space, ideal for large families, multigenerational living, professionals working from home or buyers seeking mortgage-supporting rental income.The impressive main residence spans over 3,350 sqft. and features 5 spacious bedrooms, office/library room, large foyer at the main entrance, 3.5 bathrooms, multiple walk-in closets, large laundry room, mudroom, walk-in pantry, hardwood and tile flooring and abundant natural light from oversized triple-glazed windows. The open-concept living area features a gas fireplace and spectacular 16-foot glass patio doors leading to an oversized cedar deck overlooking the private backyard. The primary suite offers a private retreat with an elegant electric fireplace. An additional 1,600 sq. ft. of finished lower-level living space includes a private walkout with heated snow-melt system, sauna, second family room / theatre room, kitchenette, full bathroom, 2 rooms, direct garage access and space for a future hot tub. A standout feature is the fully legal secondary dwelling unit, complete with its own civic address, private entrance, separate mechanical systems, dedicated air exchanger, and approximately 1,700 sqft. of finished living space. It includes 2 bedrooms, full bathroom, spacious kitchen, dining and living areas, laundry, ample storage and radiant in-floor heating throughout-offering outstanding rental income potential. Car enthusiasts and growing families will appreciate the heated quadruple garage. The professionally landscaped exterior features concrete walkways, irrigation, covered entrance and private backyard fire-pit.

Sold data

Homes in Greely — recent sold market

Homes in Greely took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 61, across 30 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 56 days.

The median sale price was $921,950.

Homes sold for about 2.6% below asking on average, so there was room to negotiate.

About 10% of sales closed above the list price.

Around 27% of sellers reduced their price before finding a buyer.

Median days to sell
27
Median sale price
$921,950
Sale-to-list ratio
97.4%
Sold above asking
10%

Based on 30 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. 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 Avenue — elementaryFraser rating 8.5/10
  • Agincourt Road — elementaryFraser rating 8.4/10
  • First Avenue — elementaryFraser rating 8.4/10
  • Nepean — secondaryFraser rating 8.3/10
  • Elmdale — elementaryFraser rating 8.2/10
  • Jean-Robert Gauthier — elementaryFraser rating 8.2/10

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

Currently for sale

Homes for sale near 517-517B SHOREWAY DRIVE