1240 Adirondack Dr, Ottawa, Ontario K2C 2V3

Detached
4 + 3
2
~700-1100 sqft
$949,900
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Detached
4 + 3
2
~700-1100 sqft

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Highlights

Property Estimate

Estimated valueNot available

Price/Sqft$1,110/sqft

Monthly cost

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CMA Subject Property

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+9

Properties sold*

$670K

Median sold price*

*Based on last 30 days

Description

Incredible Investment Opportunity! All brick bungalow with legal secondary unit on a prime lot with no rear neighbours, just steps to future LRT at Iris and minutes walk to Algonquin College! 4 Bed 1 bath upper unit, 3 bed 1 bath lower unit. Upper unit features 4 spacious bedrooms, a large living room with brick fireplace, good sized kitchen, laundry and 4pc bath. The lower level legal apartment offers an open concept kitchen & living space, good sized bedrooms and a 3pc bath with laundry. Access to a path from the backyard that leads to the future LRT station at Iris just 200M away and Algonquin College 1km away! Minutes walk to all the amenities of College Square. Great access to the highway for easy commuting by car, bus or bike! Amazing future development potential on this 65ft x 100ft lot. New zoning coming soon allowing for a large 10 unit building (14,000+sqft), multiple townhouses or the possibility of two 6 unit buildings. Turn key investment property- enjoy great cashflow while watching your land value soar in the years to come!


Property Details

StyleBungalow
View-
Age of property-
SqFt~700-1100 SqFt
Lot Size6,500 SqFt(100 x 65)
Parking Spaces3
MLS ®NumberX12405839
Community NameIris
Data SourceTRREB
Listing byEXP REALTY

Features

Heating: Radiant
Cooling: Wall Unit
Fireplace
Basement: Apartment

Main Floor

Br

2.84 x 3.87

Kitchen

3.59 x 3.0

Dining

2.49 x 3.09

Primary

2.95 x 3.87

W/I Closet


Features

Lot size: 6,500 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 2

Total parking spaces 3


Property History

Date unavailable
ListedActive
$949,900
< 1h on market
history photo preview27
Listing by trreb®

Market Data - Iris

Geo Zone Map ThumbnailIris

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

27 days

Compared to

2024

35 days

2023

8 days

2022

16 days

New Listings

Past 30 days

2 listings

Compared to

2024

6 listings

2023

3 listings

2022

6 listings

Units sold

Past 30 days

3 units

Compared to

2024

9 units

2023

3 units

2022

7 units

Median Sold Price

Past 30 days

$655,000

Compared to

2024

$670,000

2023

$670,000

2022

$670,000


Population and Demographics

Overview

Total population 5807
Average household income $116,669

Age (%)

0 to 19
19%
20 to 34
28%
35 to 49
17%
50 to 64
19%
65 and plus
17%

Household composition (%)

Single family
59%
Single person
29%
Multi person
12%
Multi family
1%

Mother tongue (%)

English
75%
French
8%
Arabic
3%
Others
3%
English and French
2%
Vietnamese
2%
Spanish
1%
Mandarin
1%
Italian
1%

House tenancy (%)

Owners
52%
Renters
48%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget