292 Richelieu Avenue

Introducing a remarkable opportunity to acquire a house for sale in Ottawa , located at 292 Richelieu Avenue, Ottawa. This detached two-storey residence is situated in the desirable community of 3404 - Vanier, offering both comfort and flexibility for potential homeowners and investors alike. With its updated features and excellent future potential, this property is perfect for those looking to make a sound investment in a thriving area.

As you approach the house for sale in Ottawa, you will immediately notice the attractive exterior, which combines vinyl siding and stucco plaster, giving it a modern yet classic appeal. The property spans a generous lot of 31 X 90 feet, providing ample space for outdoor activities and future enhancements. Although there is no garage or driveway, the property offers parking space for up to four vehicles, ensuring convenience for residents and guests.

Upon entering the house, you will find a bright and welcoming main floor that has been thoughtfully updated to meet contemporary living standards. The heart of the home is the well-appointed kitchen, which boasts plenty of storage and is perfect for culinary enthusiasts. The main floor also features a convenient powder room, adding to the practicality of the space. Additionally, there is a versatile flex room that can serve as a third bedroom or a home office, catering to the needs of modern lifestyles.

Moving upstairs, the house for sale in Ottawa continues to impress with two generous bedrooms, each offering a comfortable retreat for rest and relaxation. The upper level also includes a well-designed 4-piece bathroom and a stacked laundry closet, providing essential amenities that enhance daily living. Although there is no family room, the living area on the main floor is warm and inviting, making it an ideal space for gatherings and entertaining.

The property benefits from central air conditioning, ensuring a comfortable environment throughout the year. However, it is important to note that there is no fireplace or central vacuum system, which may be considerations for some buyers. The house is sold unfurnished, allowing new owners to personalise the space to their liking.

Outside, the fully fenced yard is a standout feature, providing privacy and security for outdoor living. The spacious rear lot offers plenty of room for gardening, play, or future expansion plans. Additionally, there is a handy storage shed that can be utilised for tools, equipment, or seasonal items, making outdoor maintenance a breeze.

One of the key advantages of this house for sale in Ottawa is its prime location. Residents will enjoy easy access to downtown Ottawa, the University of Ottawa, La Cité, and a variety of major amenities. The neighbourhood is fast-growing, which bodes well for long-term value and investment potential. This property is ideal for those looking to capitalise on the dynamic real estate market in Ottawa.

It is worth noting that the property is sold "AS IS" as per Schedule "A", which may appeal to investors seeking a project with potential for redevelopment or expansion. The zoning of R4B supports a mix of low-rise, multi-unit housing, making this an excellent opportunity for those looking to explore future possibilities.

In summary, this house for sale in Ottawa, located at 292 Richelieu Avenue, Ottawa, presents a unique chance to invest in a well-maintained property with significant potential. With its updated features, versatile living spaces, and prime location in the vibrant community of 3404 - Vanier, this home is not to be missed. Whether you are an investor or a family looking for a new residence, this property offers the perfect blend of comfort and opportunity. Don’t hesitate to seize this chance to make 292 Richelieu Avenue, Ottawa, your next investment!

Vanier, located in the vibrant city of Ottawa, is a diverse and dynamic neighbourhood that offers a unique blend of urban living and community spirit. Known for its rich cultural heritage, Vanier boasts a variety of local shops, cafés, and eateries that reflect its multicultural population. The area is well-served by public transport, making it easy to access downtown Ottawa and other parts of the city. With numerous parks and green spaces, residents can enjoy outdoor activities while still being close to the bustling urban environment. Vanier's welcoming atmosphere and strong sense of community make it an appealing choice for those looking to immerse themselves in a lively and inclusive neighbourhood.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is Assumption School, a Catholic elementary school just 0.2 km away, offering grades JK to 6 and boasting a solid rating of 5. Robert E. Wilson Public School is another nearby option, located 0.6 km away, providing English-language education for grades JK to 6 with a school rating of 4. For families seeking more options, Queen Elizabeth Public School (1.2 km away) offers grades JK to 8 and has a rating of 3.9, while Manor Park Public School (1.7 km) and Vincent Massey Public School (4.1 km) offer French-language education for younger students, rated 6 and 6.9 respectively. For secondary education, Lisgar Collegiate Institute, located 2.8 km away, has an impressive rating of 7.9, catering to grades 9 to 12. Additionally, Immaculata High School, a Catholic institution 3.3 km from the property, serves grades 7 to 12 with a rating of 5.8. Overall, the area offers a diverse range of quality educational options for children of all ages.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small community with a population of 605 residents and an average household size of 1.6. The average age of residents is 50.3 years, indicating a mature population. The average household income stands at $53,000, with a significant portion, 38.8%, classified as low-income. Housing in the area is relatively expensive, with an average price of $580,000. The community is characterized by a high percentage of single individuals, comprising 66.06% of the population, and 25% of households include children. Immigrants represent 32.77% of the residents, contributing to the area's diversity. A striking 85.53% of the population are renters, suggesting a transient or younger demographic, while only 7.89% of housing is in the form of condos. Education levels are relatively high, with 53.21% of residents holding a college or university degree. However, a notable 58.72% of the population is not in the labor force, which may reflect retirement or other factors. Overall, the area presents a unique blend of demographics, with a focus on single living, rental housing, and a significant educational background among its residents.