1 day on Market

1047 Richard Ave, Ottawa, Ontario K1H 8C3

Detached
3 + 1
2
~700-1100 sqft
$799,000
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Detached
3 + 1
2
~700-1100 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$934/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 ®NumberX12850062
Community NameAlta Vista
Data SourceTRREB
Listing byHOUSESIGMA INC

Features

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

Main Floor

Bathroom

2.06 x 1.45

4 Pc Bath

Living

3.65 x 4.35

Dining

2.18 x 4.35

Kitchen

3.02 x 2.96


Features

Lot size: 5,000 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 4

Total parking spaces 5


Property listed by HOUSESIGMA INC, Brokerage
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Market Data - Alta Vista

Geo Zone Map ThumbnailAlta Vista

Strong Seller's Market

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Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2025

11 days

2024

44 days

2023

60 days

New Listings

Past 30 days

8 listings

Compared to

2025

9 listings

2024

9 listings

2023

8 listings

Units sold

Past 30 days

0 unit

Compared to

2025

3 units

2024

6 units

2023

5 units

Median Sold Price

Past 30 days

$0

Compared to

2025

$1,055,500

2024

$885,750

2023

$580,000


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