1429 Balmoral Drive N

Introducing a remarkable opportunity to acquire a house for sale in Ottawa , located at 1429 Balmoral Drive N, Ottawa. This detached two-storey residence, nestled within the desirable community of 2601 - Cedardale, presents an exciting prospect for both investors and those with a flair for renovation. With extensive renovations, this home could be transformed to suit your unique vision, or alternatively, you may choose to demolish the existing structure and create a bespoke home tailored to modern lifestyles.

The property at 1429 Balmoral Drive N, Ottawa, boasts an impressive lot size of 138 x 316 feet, providing ample space for outdoor activities or potential future developments. The exterior of the house is clad in durable aluminium siding, which not only adds to its aesthetic appeal but also ensures low maintenance. This house for sale in Ottawa features three well-sized bedrooms and two bathrooms, making it suitable for families or those seeking extra space for guests.

Upon entering the home, you will find a total of nine rooms, including a spacious family room that invites relaxation and gatherings. The kitchen is conveniently located on the ground floor, facilitating ease of access for daily living. While there is no additional kitchen or den, the layout of the house allows for versatile use of space, enabling you to create a home that meets your specific needs.

The property is equipped with central air conditioning, ensuring comfort throughout the warmer months. However, it is important to note that there is no central vacuum system, and the house does not feature a fireplace, which may be a consideration for those who enjoy a cosy atmosphere during the colder seasons. Additionally, the absence of a pool may appeal to those who prefer a more manageable outdoor space.

One of the standout features of this house for sale in Ottawa is its potential for income generation. The backyard storage shed offers the possibility of additional income, and the solar panels installed by the Independent Electricity System Operator (IESO) and Hydro Ottawa provide a financial benefit until 2031, which is fully transferable to the new owner. This unique aspect adds significant value to the property, making it an even more attractive option for prospective buyers.

The location of 1429 Balmoral Drive N, Ottawa, is another key selling point. Situated between River Road and Limebank Road, this home is surrounded by executive residences and overlooks agriculturally zoned lands, providing a serene and open outlook. The convenience of easy access to Ottawa International Airport, schools, shopping, and downtown Ottawa further enhances the appeal of this property.

As you explore the possibilities that this house for sale in Ottawa presents, consider the potential to transform this exceptional lot into the home you've always imagined. With a crawl space basement featuring exposed rock, the property offers a unique character that can be embraced or modified to suit your preferences.

This house for sale in Ottawa is a rare opportunity not to be missed. Whether you are an investor looking to capitalise on the growing market or a homeowner ready to embark on a renovation journey, 1429 Balmoral Drive N, Ottawa, awaits your vision. Don’t hesitate to reach out for a showing today; your dream home is waiting for you to make it a reality. Seize this chance to create a living space that reflects your personal style and aspirations.

Cedardale, located in the vibrant city of Ottawa, is a charming residential area that offers a delightful blend of suburban tranquillity and urban convenience. Nestled amidst lush greenery and mature trees, this community is characterised by its peaceful streets and well-maintained homes, making it an ideal setting for families and professionals alike. Residents enjoy easy access to local parks, schools, and shopping amenities, while the proximity to public transport ensures a seamless connection to the bustling heart of Ottawa. With its welcoming atmosphere and a strong sense of community spirit, Cedardale is a wonderful place to call home for those seeking a balanced lifestyle in Canada’s capital.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. Within a 4.3 km radius, you'll find Adrienne Clarkson Elementary School and Steve Maclean Public School, both offering English and French immersion programs for grades JK to 8, with school ratings of 8 and 7.5 respectively. For older students, Merivale High School, located just 4.3 km away, provides education for grades 7 to 12 and boasts a solid rating of 8.1. Additionally, St. Monica School, a Catholic institution offering English instruction for grades JK to 6, is only 2.3 km from the property, rated at 7. For secondary education, St. Francis Xavier Catholic High School is situated 3.1 km away, catering to grades 7 to 12 with a rating of 7. The schools are part of the Ottawa-Carleton District School Board and the Ottawa Catholic School Board, ensuring a variety of educational options. With a mix of public and Catholic schools, along with both English and French language programs, families will have access to quality education within a short distance from home.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 589 residents, with an average household size of 2.6. The demographic profile reveals an average age of 45.9 years and a robust average household income of $168,000, indicating a relatively affluent community. Notably, only 7.8% of the population is classified as low-income, suggesting a stable economic environment. The average property price in the area stands at $1,040,000, reflecting the desirability of the location. The community comprises a diverse mix of individuals, with 36.27% identifying as single and 41.67% of households having children. Immigrants make up 25.69% of the population, contributing to the area's cultural richness. Additionally, renters constitute 13.64% of the households, while there are no condominiums reported in the area. Education levels are high, with 60.2% of residents holding a college or university degree. However, a significant portion of the population, 42.86%, is not in the labor force, which may influence local economic dynamics. Overall, this demographic snapshot highlights a well-educated, affluent community with a blend of family-oriented and single residents.