$990,000
For sale: Detached

Rare opportunity to own a beautifully renovated home with exceptional future development potential! Pride of ownership is evident throughout this elegant residence, which has been extensively renovated and completely gutted to the studs since 2005. Offering the perfect blend of city convenience and country charm, this unique property provides "city living in the front and country living in the back." The inviting main level features an open-concept layout with a stylish kitchen flowing seamlessly into the dining area and den, creating the perfect space for entertaining and everyday living. A spacious living room showcases a stunning stone electric fireplace, while two generously sized bedrooms and a full bathroom complete the main floor.The upper level offers a versatile third bedroom that could easily serve as a private retreat, guest suite, studio, or additional living space. The fully finished lower level expands the living area with a huge family room, large office, second bathroom, and workshop area. The backyard is framed by mature trees, offering incredible privacy, abundant wildlife, a large deck, and a peaceful setting rarely found within the city. Adding tremendous value is the property's desirable commercial zoning, allowing for a variety of professional and commercial uses(buyer to verify permitted uses). Under the proposed MS2 (Mainstreet Zone 2) framework, this could represent a significant redevelopment opportunity with potential building heights ranging from approximately 30 metres to 90 metres, subject to municipal approvals, zoning provisions, to be verified by the purchaser. A truly rare offering combining an extensively renovated home, exceptional privacy, commercial flexibility, and outstanding long-term redevelopment potential.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.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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