$529,900
Ottawa
118 King Edward Avenue, Ottawa, Ontario, K1N7L1
This 3-bedroom, 3-bathroom home in Ottawa is for sale offering roughly 1,750 sq ft of space. Listed at $529,900, it is attractively priced about 29% below the $749,900 median asking price in Ottawa. It has been on the market 24 days, fresher than the Ottawa average of 62 days.
Perfectly situated between Cathcart Park and Bordeleau Park, this charming 3-bedroom, 2.5-bath end-unit townhome offers an exceptional setting in the heart of downtown Ottawa. Steps from the Rideau River, enjoy peaceful walks along the water while remaining close to the ByWard Market, University of Ottawa, Global Affairs, public transit, LRT, and the many amenities of downtown living. An excellent opportunity for first-time buyers and investors alike. A covered front porch welcomes you into an enclosed foyer before opening to the impressive living and dining area. Soaring ceilings and large windows create a bright, airy atmosphere, while graceful arched walls, gleaming hardwood floors, high baseboards, and rich wood trim give the space a timeless aesthetic and a distinctive sense of character. The generous kitchen features a full eat-in area and direct access to a private deck, ideal for outdoor dining and BBQs. A powder room and convenient laundry area with additional storage complete the main level. Upstairs, the thoughtfully designed split layout provides a welcome sense of separation. The spacious primary bedroom, complete with double closets and a private ensuite, is positioned alongside the second bedroom on one side of the hall. A few steps down, the third bedroom and second full bathroom are privately situated on the opposite side, creating added separation that lends itself well to a home office, guest quarters, or additional privacy for a tenanted arrangement. The partially finished lower level provides additional flexibility for a recreation room or home office, along with two sizeable storage areas. Nestled between two neighbourhood parks, with the Rideau River nearby and downtown amenities within easy reach, the property offers an appealing balance of residential character, green space, and urban accessibility. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 24 days on market, against an average age of 62 days across the listings currently for sale in this city
This 3-bed single family in Ottawa has been listed for 24 days, which is 38 days fresher than the city average of 62. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $529,900, about 8.3× the local median household income of $64,000.
Carrying it typically needs a household income of about $103,508 (20% down, 25-yr amortization, stress-tested) — roughly 62% above the area median.
Source: Statistics Canada, 2021 Census (FSA K1N)
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