- Bedrooms
- 3+1
- Bathrooms
- 2
- Size
- 700–1,100sq ft
- Per sq ft
- $832at the range’s middle
- Lot
- 50 x 100 ft
- Tax a year
- $4,5772025 tax year
- Built
- 51-99
- Parking
- 51 detached
- Days on market
- Members
The brief
About 1047 Richard Ave
1047 Richard Ave is a 3+1-bedroom, 2-bathroom detached house in Billings Bridge, Ottawa, listed for sale at an asking price of $749,000 (MLS® X13730990).
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.
Insights
Condition Score
Good78/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even52/100−$299/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 75 detached homes with 4 bedrooms for lease in Ottawa right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $4,577 / 2025
- MLS® number
- X13730990
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 51-99
- Days on market
- Size
- 700-1100 sqft
- Lot Size
- 50 x 100 ft
- Listed on
- Parking
- 1 Detached, 5 Parking
Property details
Property
- Property Type
- Detached
- Style
- Bungalow
- Community
- Billings Bridge
- Municipality
- Ottawa
Building
- Size
- 700-1100 sqft
- Building Age
- 51-99
- Construction
- Brick
Inside
- Bedrooms
- 3+1
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Main, 1 × 2pc Bsmt
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Driveway
- Tandem, Private
- Garage Type
- Detached
- Garage
- 1
- Additional Parking
- 4
- Total Parking
- 5
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 50 ft
- Depth
- 100 ft
- Lot Size
- 50 x 100 ft
Additional
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Fridge, Stove, Microwave/Hoodfan, dishwasher, washer, dryer
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Br | 2.98 × 2.7 m | — | Main |
| Foyer | 1.23 × 1.36 m | — | Main |
| Br | 2.98 × 3.2 m | — | Bsmt |
| Primary | 3.18 × 4.2 m | — | Main |
| Dining | 4.35 × 2.18 m | — | Main |
| Living | 4.35 × 3.65 m | — | Main |
| Bathroom | 0.0 × 0.0 m | 2 Pc Bath | Bsmt |
| Rec | 5.24 × 7.16 m | — | Bsmt |
| Den | 2.68 × 2.86 m | — | Bsmt |
| Bathroom | 1.45 × 2.06 m | 4 Pc Bath | Main |
| Kitchen | 2.96 × 3.02 m | — | Main |
| Laundry | 5.07 × 2.87 m | — | Bsmt |
| Br | 2.98 × 2.77 m | — | Main |
Listing history
Buy/sell history for 1047 Richard Ave, Ottawa, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $749,000 | N/A | For Sale | X13730990 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $149,800
- Total mortgage amount
- $599,200
- Total interest payment
- $426,200
- Total purchase cost
- $1,175,200
- Mortgage payment
- $3,418/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
27%Monthly carrying cost
$3,799- Rent $3,500
- Shortfall $299
Rental income opens at $3,500, the median asking rent of 75 comparable homes for lease in Ottawa. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $11,455
- Total land transfer tax
- $11,455
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $7,455
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $749,000
- $6,980
- Ontario total
- $11,455
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 5,000 sq ft465 m²
- Street frontage
- 50 ft15.2 m
- Depth
- 100 ft30.5 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation6
- Not in Rideau Valley Conservation Authority’s mapped regulated areaAt the address
- Not in the municipality’s mapped flood areaAt the address
- No mapped wetland within 120 m120 m
- 1 water-supply well recorded within 250 mIt was drilled for domestic use; 17 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 6.1 m.250 m
- Groundwater recorded about 4.2 m below ground nearbyThe middle water level in the well records within 500 m (63 records). It changes with the season and from spot to spot.500 m
- Bedrock about 12.2 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m
Rideau Valley Conservation Authority · Municipal flood mapping · Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 4.2 km4.2 km
Province of Ontario open data
Around the home3
- Nearest rail line: 270 m270 m
- Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 190 m away. Routes and stops change; check the agency’s schedule.400 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data · Municipal transit open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Public Works and Government Services Canada — Confederation Heights Central Heating and Cooling Plant, 720 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- 16 federal contaminated sites within 1 km10 still active or suspected; the rest are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Hydro Ottawa LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Netsolid, OmniTEC Wireless, Rogers, Storm Internet, Xplore. Mobile: Bell, Rogers, Telus, Vidéotron. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Rideau Valley Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Ottawa. Contains information licensed under the Open Government Licence – Ontario.
The market
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Heron | OC Transpo bus rapid transit: Transitway | 300 m |
| Billings Bridge | OC Transpo bus rapid transit: Transitway | 600 m |
| Mooney's Bay | OC Transpo light rail: O-Train Line 2 | 700 m |
| Walkley | OC Transpo light rail: O-Train Line 2 | 1.4 km |
| Pleasant Park | OC Transpo bus rapid transit: Transitway | 1.6 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: OC Transpo schedule data (GTFS) from the City of Ottawa under the Open Government Licence – City of Ottawa, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – City of Ottawa.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| École élémentaire catholique d'enseignement personnalisé LamoureuxConseil des écoles catholiques du Centre-Est | French-language Catholic · grades JK–8 | 850 m | 85%Grade 6 average |
| Alta Vista Public SchoolOttawa-Carleton DSB | Public · grades JK–8 · French Immersion | 1 km | 77%Grade 6 average |
| General Vanier Public SchoolOttawa-Carleton DSB | Public · grades JK–3 · French Immersion | 1.3 km | 57%Grade 3 average |
| Holy Cross Elementary SchoolOttawa Catholic School Board | Catholic · grades JK–6 · French Immersion | 1.9 km | 76%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Brookfield High SchoolOttawa-Carleton DSB | Public · grades 9–12 · French Immersion | 1 km | 32%Grade 9 math |
| St Patrick's High SchoolOttawa Catholic School Board | Catholic · grades 9–12 · French Immersion | 1.3 km | 35%Grade 9 math |
| Ridgemont High SchoolOttawa-Carleton DSB | Public · grades 9–12 · French Immersion | 1.3 km | 25%Grade 9 math |
| École secondaire catholique Franco-CitéConseil des écoles catholiques du Centre-Est | French-language Catholic · grades 9–12 | 3.5 km | 59%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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