$589,000
For sale: Detached

Priced to sell - this bungalow is set back on an oversized corner lot with two points of access (Perth & King). This home is divided into two separate units - a one bedroom and a two bedroom unit with lots of bright windows and private entryways. The front 2 bedroom unit has a large picture window with a fireplace, kitchen, updated bathroom with tub/shower and two bedrooms. Conveniently connected by the laundry room, the one bedroom unit has a kitchen, bathroom, and patio doors off the living room to the back yard. The attached garage also includes loft storage and direct access to the expansive backyard. Large deck for entertaining, gracious mature trees compliment the exterior. The options for this property are numerous given the location and zoning. If you are a thinking of starting a business, this could be the perfect location to be seen and save. Run your business on one side and live in the other. The parking allows for easy access in and out. Richmond is flourishing!
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.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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