$475,000
Ottawa
5505 Osgoode Main Street, Ottawa, Ontario, K0A2W0
This 2-bedroom, 2-bathroom home in Ottawa is for sale offering roughly 1,300 sq ft of space. Listed at $475,000, it is attractively priced about 37% below the $749,900 median asking price in Ottawa. It has been on the market 44 days, fresher than the Ottawa average of 62 days.
In the heart of Osgoode, this unique income property offers the charm of village living with the convenience of an easy commute - just 35 minutes to downtown Ottawa. Zoned Village Mixed-Use, possibilities include a variety of residential, commercial or future development opportunities. Currently configured and used as a duplex, this property offers excellent flexibility in a high-demand area where rental demand remains strong and inventory is limited. Both units will be delivered vacant upon possession, providing flexibility for owner occupancy, leasing, or investment purposes. The property can continue to be used as a duplex, easily converted back to a single-family home, or potentially adapted for mixed-use with commercial possibilities. An excellent opportunity for investors, owner-occupiers, or those looking for a property with multiple future-use options. Located close to schools, the local library, everyday amenities, scenic walking trails, and within walking distance to a popular local coffee shop. For outdoor enthusiasts, the property is located approximately 1 km from the river and nearby boat launch, providing easy access to boating, paddling, fishing, and waterfront recreation. Step outside and enjoy the peaceful backyard retreat - a perfect space to relax, entertain, or unwind after a long day. Recent updates completed by the current owner include :New roof (2016) New windows (2017) Water softener (2019) Electric panel upgrade (2020)Furnace ¢ral A/C (2021) Hot water tank (2024). (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: 44 days on market, against an average age of 62 days across the listings currently for sale in this city
This 2-bed single family in Ottawa has been listed for 44 days, which is 18 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 $475,000, about 4.1× the local median household income of $115,000.
Carrying it typically needs a household income of about $92,784 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA K0A)
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