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1047 Richard Avenue

1047 Richard Avenue

Billings Bridge - Riverside Park and Area, ON

  • 4 bed
  • 2 bath
  • approx. 700-1100 sqft
  • Detached
  • 17 days on market
$749,000

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.

Listing Details

Taxes (2025)
$4,577
Listed
September 1, 2026

Price History

Listing history

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Property

Style
Bungalow
Age
51-99
Construction
Brick
Roof
Asphalt Shingle
Foundation
Concrete Block
Interior
In-Law Suite, In-Law Capability, Primary Bedroom - Main Floor
Lot Size
50 x 100 Feet

Parking

Garage
Detached
Covered Spaces
1
Total Parking
5

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Heron and Clementine
Zoning
R3A
Parcel Number
041460192
Possession
Flexible
Occupancy
Owner

Included

Inclusions
Fridge, Stove, Microwave/Hoodfan, dishwasher, washer, dryer
Exclusions
None
Rental Items
Hot Water Tank

Schools

Elementary

  • École élémentaire catholique d'enseignement personnalisé Lamoureux0.9 km

    French Catholic · CSDC du Centre-Est de l'Ontario · 400 students

    Grade 3 reading: 80% met the provincial standard · Grade 6 math: 72% met the provincial standard

  • Alta Vista Public School1 km

    Public · Ottawa-Carleton DSB · 655 students

    Grade 3 reading: 73% met the provincial standard · Grade 6 math: 56% met the provincial standard

  • General Vanier Public School1.3 km

    Public · Ottawa-Carleton DSB · 175 students

    Grade 3 reading: 69% met the provincial standard

Secondary

  • Brookfield High School1 km

    Public · Ottawa-Carleton DSB · 650 students

    Grade 10 literacy: 79% met the provincial standard

  • Ridgemont High School1.3 km

    Public · Ottawa-Carleton DSB · 860 students

    Grade 10 literacy: 62% met the provincial standard

  • St Patrick's High School1.3 km

    Catholic · Ottawa CSB · 1110 students

    Grade 10 literacy: 75% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area K1H

Population
16,306
Private dwellings
7,289
Median age
44
Average household size
2.3
Median household income
$103,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Billings Bridge - Riverside Park and Area · last 12 months

Median sold price
$669,450
Homes sold
112
Median days on market
21
Sale-to-list price
98.1%

Based on 112 recorded sales of residential freehold properties in Billings Bridge - Riverside Park and Area over the last 12 months.

Rooms

4-piece on Main, 2-piece on Basement

Main

  • Bathroom6'9" x 4'9"
  • Bedroom8'10" x 9'9"
  • Bedroom9'1" x 9'9"
  • Dining Room7'2" x 14'3"
  • Foyer4'6" x 4'
  • Kitchen9'11" x 9'9"
  • Living Room12' x 14'3"
  • Primary Bedroom13'9" x 10'5"

Basement

  • Bathroom
  • Bedroom10'6" x 9'9"
  • Den9'5" x 8'10"
  • Laundry9'5" x 16'8"
  • Recreation23'6" x 17'2"

Listed by

HOUSESIGMA INC

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$149,800

Estimated Monthly Payment

$3,680

Land transfer tax

Estimated land transfer tax$11,455

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $3,680/mo (20% down, 5.5%)

Taxes: $381/mo · Insurance: $187/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions in law suite. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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