5535 MITCH OWENS ROAD N, Ottawa

$699,900

For sale: Detached

Detached at 5535 MITCH OWENS ROAD N, Ottawa
Property type
Detached
Bedrooms / bathrooms
5 bedrooms, 3 bathrooms
Living area
2,500 sqft
MLS®
MLS® X13107692
Neighbourhood
2602 - Riverside South/Gloucester Glen

Great Investment Opportunity! Large lot , .56 acres with plenty of Parking and no rear neighbours. Large detached garage/shed on the property with 60 amp service, potential for storage income. Updates include, but are not limited to: Furnace 2019, Drywall Fire Separations, Electrical, Air conditioning 2022, kitchen cabinets Unit # 1, 2019, new flat roofs, 2023, Septic cleaned and water tested regularly. The property has had 3 Apt. units for over 25-30 years. The buyer will need to conduct their own due diligence with the city regarding the property, as a legal non-conforming Triplex, at their own expense. Rental Income Apt. 1,2 bedroom $1700 per month, Apt. 2, 1 bedroom, $1500, Apt. 3, 2 Bedroom, $ 1400/mos. Property generates a total of $ 4600/mth. 2 of 3 leases are now m-t-m with the latest tenant on a 1-year lease. Summary of expenses available upon request. Above-grade square footage is an estimate. Enjoy the amenities & lifestyle offerings of lovely Manotick, walking distance to St Mark's High School & George Nelms Sports Park, a short commute to downtown and close to the 416. Don't miss this opportunity! Property and appliances are being sold " as is, where is " condition. SHOWINGS REQUESTS: 48 hours notice for Showings as the property is tenant-occupied. ** This is a linked property.**

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 49, across 1,067 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 45 days.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 $839,000.

Homes sold for about 2.0% 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
$839,000
Sale-to-list ratio
98.0%
Sold above asking
14%

Based on 1,067 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 5535 MITCH OWENS ROAD N