$799,999

For sale

1308 Rustic Drive, Ottawa - Single Family for Sale

1308 Rustic Drive, Ottawa, Ontario, K2C2Y1

8 beds2 baths4 parking1,300 ft²53 × 95 ft (5,035 sq ft) lot sizeListed 31 days ago

Overview

This 8-bedroom, 2-bathroom home in Ottawa is for sale offering roughly 1,300 sq ft of space. It has been on the market 31 days, fresher than the Ottawa average of 62 days.

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Description

INVESTORS & LARGE FAMILIES! Fully renovated, this city-approved, legal secondary dwelling is an absolute dream. Boasting 8 bedrooms total, 4 upstairs and 4 in the lower level, this turnkey bungalow offers incredible rental returns or a beautiful, unified living space for a large multi-generational family. Located just minutes from Algonquin College, the 417 highway, and every amenity you could ever need, its premium location ensures high tenant demand and effortless commuting. Inside, no expense has been spared. The property features two stunning, sleek modern kitchens equipped to handle busy households, along with two fully renovated, contemporary bathrooms. Step outside to a massive, mostly fenced-in backyard that offers the perfect canvas for summer BBQs, family get-togethers, or a private retreat for tenants. With updated mechanicals and high-end finishes throughout, this city-certified property promises low-maintenance living and consistent value for years to come. Live in one unit and rent the other, host the entire family under one roof, or cash flow the ultimate student rental portfolio. This is a rare, high-yield opportunity in a prime central location. Book your private showing today before it's gone! 4 bedrooms and 1 kitchen above grade, 4 bedrooms and 1 kitchen below grade. (id:66096)

Property Details

MLS®: X13868476
Property Type: Single Family
Zoning: R1O
Bedrooms: 8
Beds (above / below): 8 above · 0 below
Bathrooms: 2
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 53 × 95 ft (5,035 sq ft)
Frontage: 53 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full, Apartment in basement, Separate entrance, N/A, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold

Rooms

Main level

Living room: 3.81 x 4.2 meters
Kitchen: 2.59 x 4.2 meters
Bedroom: 2.97 x 3.2 meters
Laundry room: 1.21 x 2.06 meters
Bedroom: 3.71 x 4.61 meters
Bedroom: 3.72 x 3.66 meters
Bedroom: 3.94 x 3.66 meters
Bathroom: 2.27 x 1.47 meters

Lower level

Pantry: 0.67 x 1.46 meters
Bathroom: 1.79 x 2.98 meters

Features

Appliances: Refrigerator, Dishwasher, Dryer, Two stoves, Two Washers
Foundation: Concrete
Exterior: Brick
Lot Features: Flat site, Level, In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

31d

Ottawa listings, avg age

62d

Price / ft²

$615

List price

$800K

Haho

This 8-bed single family in Ottawa has been listed for 31 days, which is 31 days fresher than the city average of 62. Act while there is still low competition.

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Listed by BENNETT PROPERTY SHOP REALTY · Marnie Bennett

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K2C)

This home lists at $799,999, about 9.3× the local median household income of $86,000.

Carrying it typically needs a household income of about $156,268 (20% down, 25-yr amortization, stress-tested) — roughly 82% 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)

$799,999· $615/ft²

For sale

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Full Cost Breakdown

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Down Payment6.87% · $54,999.90

Min 6.87%50%

Mortgage payment$4,130/mo

↳ CMHC premium ($29,800 capitalized)

Property tax (est.)$477/mo

Total monthly$4,608

Cash Needed to Close

Down payment (6.87%)$55,000

Land transfer tax$12,475

Est. closing costs$4,900

Total cash needed$72,375

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