Re-listed 5 days ago

1047 Richard Ave, Ottawa, Ontario K1H 8C3

Detached
3 + 1
2
~700-1100 sqft
$•••,•••
$775,000
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Detached
3 + 1
2
~700-1100 sqft

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Highlights

Property Estimate

Days on market5 days

Total days on market
42 days

Estimated valueNot available

Price/Sqft$906/sqft

Monthly cost

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Description

Welcome to 1047 Richard Avenue, a well-maintained bungalow set on a spacious 50 x 100 ft lot in Ottawa, offering excellent flexibility for families, multi-generational living, or potential rental income.The main level features a bright and functional layout with three generously sized bedrooms and a full bathroom, providing comfortable everyday living. The updated kitchen showcases granite countertops, tile flooring, and beautiful solid oak cabinetry, while hardwood flooring continues throughout the remainder of the main level. Large windows fill the home with natural light, creating a warm and inviting atmosphere.The lower level offers exceptional additional living space with a large family room featuring a gas fireplace, a fourth bedroom, flexible den space, partial bathroom, and a newly installed kitchenette. Combined with the convenient side entrance, this level provides an ideal setup for an in-law suite or potential income-generating unit.Outside, the expansive lot offers plenty of room for outdoor entertaining, gardening, or future landscaping projects.Ideally located within walking distance to parks, transit, and everyday amenities, this home presents a fantastic opportunity for homeowners seeking versatility or investors looking for added income potential in a desirable Ottawa neighbourhood.


Property Details

StyleBungalow
View-
Age of property51-99
SqFt~700-1100 SqFt
Lot Size5,000 SqFt(100 x 50)
Parking Spaces5
MLS ®NumberX12982854
Community NameAlta Vista
Data SourceTRREB
Listing byHOUSESIGMA INC

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Finished, Sep Entrance

Main Floor

Living

3.65 x 4.35

Dining

2.18 x 4.35

Kitchen

3.02 x 2.96

Foyer

1.36 x 1.23


Features

Lot size: 5,000 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 4

Total parking spaces 5


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
5 days on market
history photo preview42
Listing by trreb®
Property listed by HOUSESIGMA INC, Brokerage
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Market Data - Alta Vista

Geo Zone Map ThumbnailAlta Vista

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

10 days

Compared to

2025

38 days

2024

30 days

2023

32 days

New Listings

Past 30 days

13 listings

Compared to

2025

7 listings

2024

11 listings

2023

14 listings

Units sold

Past 30 days

6 units

Compared to

2025

2 units

2024

5 units

2023

6 units

Median Sold Price

Past 30 days

$840,000

Compared to

2025

$2,190,000

2024

$850,000

2023

$835,050


Population and Demographics

Overview

Total population 13191
Average household income $163,096

Age (%)

0 to 19
20%
20 to 34
23%
35 to 49
18%
50 to 64
19%
65 and plus
20%

Household composition (%)

Single family
57%
Single person
35%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
69%
French
12%
Arabic
5%
Others
3%
English and French
3%
Mandarin
2%
Italian
2%
Spanish
1%

House tenancy (%)

Owners
55%
Renters
45%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget