$675,000

$699,900For salePrice drop↓ $24,900 (4%)

929 Merivale Road, Ottawa - Single Family for Sale

929 Merivale Road, Ottawa, Ontario, K1Z5Z7

3 beds2 baths4 parking1,300 ft²45 × 115 ft (5,175 sq ft) lot sizeListed 59 days ago

Overview

This 3-bedroom, 2-bathroom home in Ottawa is for sale offering roughly 1,300 sq ft of space. Listed at $675,000, it is attractively priced about 10% below the $749,900 median asking price in Ottawa. It has been on the market 59 days, fresher than the Ottawa average of 62 days.

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Description

Welcome to 929 Merivale Road! This fully renovated detached home offers exceptional lifestyle appeal and future potential development. Ideally located close to all amenities, the Civic Hospital, Westboro shops and restaurants, with easy access to major highways. The bright open-concept main level features a sun-filled living area with electric fireplace, formal dining room, and a renovated kitchen with newer stainless steel appliances, ample cabinetry and counter space, plus a charming window-side reading nook. The upper level offers two spacious bedrooms with hidden additional storage accessible through the second bedroom. The lower level includes a third legal bedroom with walk-in closet, a second full bathroom with high-efficiency washer and dryer, and plenty of storage. Outside, enjoy a large backyard, oversized driveway accommodating 3-4 vehicles, and a detached garage! Prime lot ZONING TM[2190]offers excellent future development or redevelopment potential, making this property ideal for homeowners, investors, or builders alike. (id:66096)

Property Details

MLS®: X13757728
Property Type: Single Family
Zoning: Residential
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 45 × 115 ft (5,175 sq ft)
Frontage: 45 ft
Storeys: 1
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Foyer: 1.6 x 1.16 meters
Living room: 5.02 x 3.42 meters
Dining room: 3.4 x 3.12 meters
Kitchen: 3.83 x 2.26 meters
Bathroom: 2.15 x 1.62 meters
Other: 2.28 x 2.26 meters

Basement

Laundry room: 3.25 x 1.9 meters
Utility room: 5.38 x 3.09 meters
Other: 1.27 x 0.71 meters
Other: 1.87 x 1.52 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan, Window Coverings
Foundation: Poured Concrete
Exterior: Stucco

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

59d

Ottawa listings, avg age

62d

Price / ft²

$519

List price

$675K

Haho

This 3-bed single family in Ottawa has been listed for 59 days, which is 3 days fresher than the city average of 62. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY GROUP · Jeffrey Gauthier

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K1Z)

This home lists at $675,000, about 8.8× the local median household income of $77,000.

Carrying it typically needs a household income of about $131,851 (20% down, 25-yr amortization, stress-tested) — roughly 71% 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)

$675,000· $519/ft²

For sale

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Full Cost Breakdown

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Down Payment6.30% · $42,500.00

Min 6.30%50%

Mortgage payment$3,507/mo

↳ CMHC premium ($25,300 capitalized)

Property tax (est.)$390/mo

Total monthly$3,897

Cash Needed to Close

Down payment (6.30%)$42,500

Land transfer tax$9,975

Est. closing costs$4,525

Total cash needed$57,000

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