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$749,000
Ottawa
1047 Richard Avenue, Ottawa, Ontario, K1H8C3
This 4-bedroom, 2-bathroom home in Ottawa is for sale offering roughly 900 sq ft of space. Its $749,000 asking price sits right in line with the $749,900 median in Ottawa.
Welcome to 1047 Richard Avenue, a well-maintained bungalow set on a spacious 50 x 100 ft lot in Ottawa, offering excellent flexibility for families, multi-generational living, or potential rental income.The main level features a bright and functional layout with three generously sized bedrooms and a full bathroom, providing comfortable everyday living. The updated kitchen showcases granite countertops, tile flooring, and beautiful solid oak cabinetry, while hardwood flooring continues throughout the remainder of the main level. Large windows fill the home with natural light, creating a warm and inviting atmosphere.The lower level offers exceptional additional living space with a large family room featuring a gas fireplace, a fourth bedroom, flexible den space, partial bathroom, and a newly installed kitchenette. Combined with the convenient side entrance, this level provides an ideal setup for an in-law suite or potential income-generating unit.Outside, the expansive lot offers plenty of room for outdoor entertaining, gardening, or future landscaping projects.Ideally located within walking distance to parks, transit, and everyday amenities, this home presents a fantastic opportunity for homeowners seeking versatility or investors looking for added income potential in a desirable Ottawa neighbourhood. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 66 days on market, against an average age of 62 days across the listings currently for sale in this city
This 4-bed single family in Ottawa is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $749,000, about 7.3× the local median household income of $103,000.
Carrying it typically needs a household income of about $146,306 (20% down, 25-yr amortization, stress-tested) — roughly 42% above the area median.
Source: Statistics Canada, 2021 Census (FSA K1H)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.