42 days on Market

1240 Adirondack Dr, Ottawa, Ontario K2C 2V3

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

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Highlights

Property Estimate

Days on market42 days

Estimated valueNot available

Price/Sqft$1,110/sqft

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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

Sep 16, 2025
ListedActive
$949,900
42 days on market
history photo preview27
Listing by trreb®

Market Data - Iris

Geo Zone Map ThumbnailIris

Strong Seller's Market

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Townhouse - for the past 30 days

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Avg. Days on Market

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2024

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2023

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New Listings

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0 listing

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2024

1 listing

2023

1 listing

Units sold

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2024

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2023

0 unit

Median Sold Price

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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