$688,000
For sale: Detached

Rare opportunity to own in Ottawa Park South, one of Ottawa's fastest-transforming neighborhoods with exceptional long-term growth potential. Surrounded by ongoing redevelopment and benefiting from proximity to Mooney's Bay, transit, employment hubs, and urban amenities, this location is increasingly recognized as a future premier residential destination. Strong rental demand, excellent accessibility, and continued community investment make this an attractive option for both end users and savvy investors seeking appreciation potential.This spacious residence offers 5 bedrooms, a main-floor office, and den, providing exceptional flexibility for large families, multi-generational living, investors, or short-term rental operations. Currently operating as a successful Airbnb, the home generates strong income potential while maintaining future adaptability. The seller is open to restoring the original living room configuration prior to closing.Featuring three full bathrooms, abundant storage, a large functional kitchen, and a cozy gas fireplace, the home is designed for comfortable everyday living. The expansive finished basement offers excellent potential for recreation space, additional accommodation, or future secondary dwelling possibilities. Outside, the private fenced backyard creates an ideal setting for entertaining and family enjoyment.Whether you're looking to secure a family home in an emerging destination neighborhood or capitalize on the long-term growth potential of one of Ottawa's most strategically located communities, this property presents a rare opportunity to invest in the future of Ottawa Park South.
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 46, across 1,167 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.
The median sale price was $829,900.
Homes sold for about 1.9% below asking on average, so there was room to negotiate.
About 16% of sales closed above the list price.
Around 22% of sellers reduced their price before finding a buyer.
Based on 1,167 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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