327 Richelieu Avenue

Welcome to this delightful Multi-Family Home for sale in Ottawa , located at 327 Richelieu Avenue, Ottawa. Nestled in the vibrant community of 3404 - Vanier, this charming and well-maintained multiplex offers an exceptional opportunity for a variety of buyers. Whether you are a seasoned investor keen to expand your portfolio, a first-time buyer stepping into the property market, or a family in search of a versatile living arrangement, this property is certainly worth your attention.

The Multi-Family Home for sale in Ottawa features two separate units, each equipped with individual hydro meters and laundry facilities, ensuring both privacy and convenience for occupants. The main unit occupies the ground floor and the finished basement, providing a spacious layout that includes one bedroom on the main level and two additional bedrooms in the basement, complemented by a full bathroom. This arrangement is ideal for families or those seeking to accommodate guests comfortably.

The upper unit of this splendid property features two well-proportioned bedrooms and a bathroom, creating a functional and inviting space for tenants or extended family members. With a total of eight rooms across the two units, including two kitchens, this Multi-Family Home for sale in Ottawa is designed to meet a variety of living needs. The inclusion of appliances in both units makes this property a turnkey investment or a move-in ready residence, allowing for a seamless transition for new owners.

Situated on a generous lot measuring 42 x 90 feet, 327 Richelieu Avenue, Ottawa, boasts a spacious backyard that is perfect for outdoor enjoyment. The large patio is surrounded by mature trees and lush greenery, providing a tranquil shaded retreat ideal for relaxation or entertaining guests. Although there is no pool, the outdoor space offers ample room for gardening or family gatherings, making it a wonderful extension of the home.

Inside, the property is equipped with window unit air conditioning to keep you cool during the warmer months, while the forced air heating system ensures comfort throughout the colder seasons. The family room adds an extra touch of space for leisure activities, although there is no central vacuum system in place. The home is unfurnished, allowing you to personalise it to your taste and style.

Located at 327 Richelieu Avenue, Ottawa, this Multi-Family Home for sale in Ottawa is conveniently positioned near schools, public transport, parks, and a variety of amenities. The proximity to essential services and recreational facilities enhances the appeal of this property, making it an attractive option for both families and investors. The community of Vanier is known for its welcoming atmosphere and strong rental potential, making this an excellent opportunity for those looking to invest in a promising neighbourhood.

With parking space for three vehicles and a private driveway, accessibility is another key feature of this property. While there is no garage, the ample parking space ensures that you and your guests will always have a convenient place to park.

In summary, this Multi-Family Home for sale in Ottawa at 327 Richelieu Avenue, Ottawa, presents a unique opportunity to own a versatile and functional property in one of the city’s most sought-after areas. With its flexible layout, spacious outdoor area, and convenient location, this property is a must-see for anyone looking to invest in their future. Don’t miss your chance to explore this charming duplex in Vanier, where comfort, convenience, and long-term value come together beautifully.

Vanier, located just east of downtown Ottawa, is a vibrant and diverse neighbourhood known for its rich cultural tapestry and strong sense of community. Characterised by its mix of residential homes, local businesses, and green spaces, Vanier offers a unique blend of urban living and accessibility. The area is well-served by public transport, making it easy to explore the wider city. Residents enjoy a variety of amenities, including parks, shops, and restaurants that reflect the multicultural essence of the community. With its friendly atmosphere and a strong sense of belonging, Vanier presents an inviting option for those looking to settle in Ottawa.

Schools in the Neighbourhood

This property is ideally situated near a variety of reputable schools, making it an excellent choice for families. Within a short distance, you'll find Robert E. Wilson Public School, just 0.4 km away, offering English-language education for grades JK to 6, with a solid school rating of 4. Close by, at 1.0 km, is Queen Elizabeth Public School, also an elementary institution, rated 3.9 and providing education from JK to 8. For those with older children, Lisgar Collegiate Institute, a secondary school rated 7.9, is located 3.0 km away, serving grades 9 to 12. Additionally, Manor Park Public School (1.7 km) and Vincent Massey Public School (4.1 km) provide French-language education, rated 6 and 6.9 respectively. Assumption School, a Catholic elementary school just 0.3 km from the property, offers an English curriculum for grades JK to 6 and has a rating of 5. Lastly, Immaculata High School, 3.4 km away, caters to grades 7 to 12 and holds a rating of 5.8. This diverse educational landscape ensures excellent options for children of all ages.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small population of 625 residents, with an average household size of 1.8. The community is characterized by a mature demographic, with an average age of 49.9 years. Economically, the average household income stands at $79,200, although 15.6% of the population is classified as low-income. The real estate market reflects a median home price of $335,000, with a significant portion of the population (54.93%) renting their homes, while 42.25% reside in condominiums. Socially, the area has a notable single population, comprising 58.12%, and households with children make up 17.24% of the community. Additionally, immigrants constitute 17.39% of the population, contributing to the area's diversity. Educational attainment is relatively high, with 49.09% of residents holding a college or university degree. However, it's important to note that a substantial portion of the population, 50.45%, is not actively participating in the labor force. This demographic snapshot highlights a community that is both diverse and mature, with a mix of renters and homeowners, and a significant emphasis on education.