$574,000

$599,900For salePrice drop↓ $25,900 (4%)

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87 Richmond Road, Ottawa - Single Family for Sale

87 Richmond Road, Ottawa, Ontario, K1Z6V8

3 beds1 bath parking

389 Hatfield Crescent, Ottawa, Ontario, K1E1M6

3 bd2 ba7 pk900 ft²Lot size 50 × 110 ft (5,500 sq ft)

Listed by REMAX BOARDWALK REALTY

3108 Burritts Rapids Place, Ottawa, Ontario, K2J0S7

For saleJust listed

Today

$600K

3108 Burritts Rapids Place, Ottawa, Ontario, K2J0S7

3 bd3 ba2 pk1,300 ft²

6322 Fortune Drive, Ottawa, Ontario, K1C1Z1

3 bd3 ba3 pk1,750 ft²Lot size 39 × 145 ft (5,642 sq ft)

Listed by REAL BROKER ONTARIO LTD.

1866 Rosebella Avenue, Ottawa, Ontario, K1T1G7

For saleJust listed

Today

$550K

1866 Rosebella Avenue, Ottawa, Ontario, K1T1G7

3 bd1 ba2 pk900 ft²Lot size 53 × 95 ft (5,046 sq ft)

Listed by EXP REALTY

Investment analysis

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$574,000

Ottawa

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19 × 100 ft (1,870 sq ft) lot size

Overview

This 3-bedroom, 1-bathroom home in Ottawa is for sale offering roughly 1,300 sq ft of space. Listed at $574,000, it is attractively priced about 23% below the $749,900 median asking price in Ottawa.

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Description

LAND DEVELOPMENT opportunity. This property is currently tenanted but leaving Sept 30 2026 vacant after. Property being sold "as is where is". (id:66096)

Property Details

MLS®: X12630172
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Half Baths: 1
Parking: 0
Interior Size: 1,300 ft²
Lot Size: 19 × 100 ft (1,870 sq ft)
Frontage: 19 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Other, Other
Garage: No Garage
Ownership: Freehold
Property Tax: $4,515/yr
Listed: 329 days ago

Features

Foundation: Unknown
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

329d

Ottawa listings, avg age

62d

Price / ft²

$442

List price

$574K

Haho

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Listed by FIDACITY REALTY · Mike Scerbo

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K1Z)

This home lists at $574,000, about 7.5× the local median household income of $77,000.

Carrying it typically needs a household income of about $112,122 (20% down, 25-yr amortization, stress-tested) — roughly 46% above the area median.

Median household income: $77,000
Population: 22,714
Median age: 38.4
Owner / renter: 37% / 63%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA K1Z)

$574,000· $442/ft²

For sale

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Full Cost Breakdown

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Down Payment5.64% · $32,400.00

Min 5.64%50%

Mortgage payment$3,003/mo

↳ CMHC premium ($21,664 capitalized)

Property tax (est.)$376/mo

Total monthly$3,379

Cash Needed to Close

Down payment (5.64%)$32,400

Land transfer tax$7,955

Est. closing costs$4,222

Total cash needed$44,577

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice