$595,000

For sale

107 Hopewell Avenue, Ottawa - Single Family for Sale

107 Hopewell Avenue, Ottawa, Ontario, K1S2Y9

3 beds2 baths1 parking1,300 ft²16 × 70 ft (1,085 sq ft) lot sizeListed 46 days ago

Overview

This 3-bedroom, 2-bathroom home in Ottawa is for sale offering roughly 1,300 sq ft of space. Listed at $595,000, it is attractively priced about 21% below the $749,900 median asking price in Ottawa. It has been on the market 46 days, fresher than the Ottawa average of 62 days.

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Description

Welcome to 107 Hopewell Avenue, the center part of this charming century-old three-home brick row, ideally situated on a quiet, tree-lined street in the heart of sought-after Old Ottawa South. The structure has been well maintained over the years and offers the warmth and character of an established neighbourhood home. High ceilings on the main floor. Hardwood flooring extends throughout the principal living areas and bedrooms. The partially finished basement provides useful additional living and storage space. Updated windows, furnace and rented hot water tank contribute to peace of mind, and one exclusive parking space is conveniently located at the rear. Enjoy an exceptional urban lifestyle within easy walking distance of the neighbourhood's eclectic shops, cafés and restaurants, and close to the Rideau Canal and its recreational cycling pathways, Carleton University, Lansdowne Park, Brewer Pool and Arena, the Ottawa Tennis Club, schools and public transit. A great opportunity to own a spacious, character-filled home in one of Ottawa's most established and desirable neighbourhoods. Note: some interior pictures with fewer furniture predate pictures taken during current tenancy. Minimum 24 hrs irrevocable on all offers. (id:66096)

Property Details

MLS®: X13807492
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Lot Size: 16 × 70 ft (1,085 sq ft)
Frontage: 16 ft
Storeys: 2
Basement: Partially finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning, None
Garage: No Garage
Ownership: Freehold
Property Tax: $5,679.06/yr
Listed: 46 days ago

Rooms

Main level

Foyer: 3.08 x 1.6 meters
Living room: 4.47 x 4.31 meters
Dining room: 4.31 x 3.12 meters
Kitchen: 4.34 x 3.4 meters

Basement

Bathroom: 2.84 x 2.52 meters
Utility room: 4.27 x 3.28 meters
Other: 5.26 x 4.72 meters

Second level

Primary Bedroom: 5.41 x 3.7 meters
Bedroom 2: 3.73 x 3.44 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Foundation: Stone
Exterior: Brick
Lot Features: Flat site, Paved yard

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

46d

Ottawa listings, avg age

62d

Price / ft²

$458

List price

$595K

Haho

This 3-bed single family in Ottawa has been listed for 46 days, which is 16 days fresher than the city average of 62. Act while there is still low competition.

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Listed by EXP REALTY · Andre L. Major

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K1S)

This home lists at $595,000, about 5.6× the local median household income of $106,000.

Carrying it typically needs a household income of about $116,224 (20% down, 25-yr amortization, stress-tested) — roughly 10% above the area median.

Median household income: $106,000
Population: 31,257
Median age: 39.2
Owner / renter: 51% / 49%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA K1S)

$595,000· $458/ft²

For sale

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Full Cost Breakdown

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Down Payment5.80% · $34,500

Min 5.80%50%

Mortgage payment$3,108/mo

↳ CMHC premium ($22,420 capitalized)

Property tax (est.)$473/mo

Total monthly$3,581

Cash Needed to Close

Down payment (5.80%)$34,500

Land transfer tax$8,375

Est. closing costs$4,285

Total cash needed$47,160

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