$580,000

For sale

1274 Woodroffe Avenue, Ottawa - Single Family for Sale

1274 Woodroffe Avenue, Ottawa, Ontario, K2C2T6

4 beds2 baths2 parking1,300 ft²50 × 100 ft (5,015 sq ft) lot sizeListed 106 days ago

Overview

This 4-bedroom, 2-bathroom home in Ottawa is for sale offering roughly 1,300 sq ft of space. Listed at $580,000, it is attractively priced about 23% below the $749,900 median asking price in Ottawa.

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Description

PRIME LOCATION FOR DEVELOPMENT - ATTENTION INVESTORS, BUILDERS & DEVELOPERS! Unlock incredible value with this prime real estate opportunity in a highly sought-after, high-density rental pocket. Situated just minutes from Algonquin College, major transit hubs, shopping, and local amenities, this property boasts unbeatable location mechanics for maximum future returns. REBUILD OR REMODEL: The existing bungalow offers an ideal footprint for a complete transformation. Basement remediation following a water damage in 2022 and July 2026 was completed in September 2026, bringing the lower level back to a clean slate ready for your finishes, while extensive renovations are still required on the upper level. THE REAL VALUE IS IN THE LAND: For builders and developers, this prime parcel offers the ultimate blank canvas. Under the new zoning provisions, this intensification-ready site presents ideal potential for a semi-detached severance or a multi-unit development project tailored to capture the area's insatiable student and rental demand. Property is being sold in "AS IS, WHERE IS" condition with no representations or warranties. Buyers are advised to conduct their own due diligence regarding zoning, setbacks, and severance potential with the municipality. (id:66096)

Property Details

MLS®: X13598020
Property Type: Single Family
Zoning: Mainstreet Zone 2 (MS2)
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 50 × 100 ft (5,015 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: Full
Heating: Forced air, Electric
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 4.69 x 3.48 meters
Dining room: 3.2 x 3.48 meters
Primary Bedroom: 3.36 x 3.52 meters
Bedroom 2: 2.46 x 3.04 meters
Bedroom 3: 3.51 x 2.75 meters
Bathroom: 2.45 x 2.28 meters
Kitchen: 4.21 x 2.52 meters

Basement

Furnace: 3.81 x 2.45 meters
Laundry room: 3.44 x 2.62 meters
Bedroom: 3.88 x 3.35 meters

Features

Flooring: Hardwood
Foundation: Block
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

106d

Ottawa listings, avg age

62d

Price / ft²

$446

List price

$580K

Haho

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?

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Listed by ROYAL LEPAGE INTEGRITY REALTY · Rita Fung

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K2C)

This home lists at $580,000, about 6.7× the local median household income of $86,000.

Carrying it typically needs a household income of about $113,294 (20% down, 25-yr amortization, stress-tested) — roughly 32% above the area median.

Median household income: $86,000
Population: 29,359
Median age: 38
Owner / renter: 55% / 45%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K2C)

$580,000· $446/ft²

For sale

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Full Cost Breakdown

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Down Payment5.69% · $33,000

Min 5.69%50%

Mortgage payment$3,033/mo

↳ CMHC premium ($21,880 capitalized)

Property tax (est.)$333/mo

Total monthly$3,365

Cash Needed to Close

Down payment (5.69%)$33,000

Land transfer tax$8,075

Est. closing costs$4,240

Total cash needed$45,315

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