550 PICCADILLY AVENUE, Ottawa

$6,500/mo

For rent: Detached

Detached at 550 PICCADILLY AVENUE, Ottawa
Property type
Detached
Bedrooms / bathrooms
4 bedrooms, 4 bathrooms
Living area
3,000 sqft
MLS®
MLS® X13745258
Neighbourhood
4303 - Ottawa West

Welcome to this stately Cape Cod-style stone home, ideally situated in the coveted Island Park/Wellington Village community. Offering a rare double-car garage and an exceptional location, this distinguished residence is steps from Elmdale Public School, Fisher Park, Hampton Park, Elmdale Tennis Club, and some of the city's trendiest boutiques and dining destinations. The inviting main level features a spacious living room with large windows and a cozy wood-burning fireplace, flowing seamlessly into the elegant formal dining room. The well-appointed kitchen offers abundant white cabinetry, stainless steel appliances and timeless subway tile. A bright sunroom with heated floors overlooks the backyard, creating the perfect spot for morning coffee or quiet relaxation. Convenient main floor powder room. Upstairs, the luxurious primary retreat boasts vaulted ceilings and a spa-like 5-piece ensuite with heated floors, soaker tub and glass-enclosed shower. Three additional generously sized bedrooms, a 3-piece bathroom and convenient laundry room complete the second level. The finished basement provides a spacious recreation room, powder room, workshop and ample storage. Outside, discover a private backyard oasis with beautiful perennial gardens, a deck and heated saltwater pool. A rare opportunity to enjoy timeless character, thoughtful updates and an exceptional lifestyle in one of Ottawa's most sought-after neighbourhoods. 24 hour irrevocable on offer to lease. Photos are from prior listing and prior to current tenants moving in. Note: Rare long-term lease assignment locked in at current rate until Nov 30, 2027(option for longer). Landlord approval required.

Sold data

Homes in Ottawa — recent sold market

Homes in Ottawa took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 50, across 2,342 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 45 days.

The median sale price was $649,000.

Homes sold for about 2.1% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 22% of sellers reduced their price before finding a buyer.

Median days to sell
26
Median sale price
$649,000
Sale-to-list ratio
97.9%
Sold above asking
11%

Based on 2,342 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 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 550 PICCADILLY AVENUE