334 Queen Elizabeth Drive

Nestled in the heart of the Glebe community, 334 Queen Elizabeth Drive, Ottawa, presents an exceptional opportunity for those seeking a Multi-Family Home for sale in Ottawa . This distinguished duplex, with its charming white stucco façade and striking red-tiled roof, showcases the refined elegance of Spanish-inspired Georgian architecture. Set against the picturesque backdrop of the Rideau Canal, this residence not only offers a glimpse into Ottawa's rich history but also allows for a connection to the natural beauty that surrounds it.

As you approach 334 Queen Elizabeth Drive, Ottawa, you will immediately appreciate its prime location. The property is perfectly situated just steps away from the vibrant downtown area, providing a delightful balance of urban vibrancy and peaceful surroundings. The Glebe community is renowned for its lively atmosphere, making it an ideal place for families and individuals alike. This Multi-Family Home for sale in Ottawa is surrounded by a plethora of local shops, restaurants, and cultural attractions, ensuring that you will never be short of things to do.

This impressive multiplex boasts three spacious bedrooms and three well-appointed bathrooms, making it suitable for families or those looking to invest in a property with rental potential. The two kitchens are a significant feature, allowing for flexibility in living arrangements or the possibility of generating additional income. Although the home requires significant renovation, its solid structure and timeless character present an exceptional opportunity to restore and reimagine a true architectural gem. With a total of 13 rooms, including a family room, there is ample space for both relaxation and entertainment.

The interior of 334 Queen Elizabeth Drive, Ottawa, is designed for comfort and functionality. The central air conditioning system ensures a pleasant atmosphere throughout the warmer months, while the radiant heating provides warmth during the colder seasons. Additionally, the finished full basement offers extra space for storage or could be transformed into a recreational area, further enhancing the property's appeal.

While the exterior of this Multi-Family Home for sale in Ottawa is undoubtedly striking, it is the surrounding lot that adds to its allure. Spanning 42 by 53 feet, the property features a mutual driveway with parking space for one vehicle. Although there is no garage, the convenience of the driveway ensures that parking will not be a concern. The absence of a pool may be seen as a drawback for some, but the nearby Rideau Canal offers a beautiful alternative for outdoor activities, including walking, cycling, and enjoying the scenic views.

The Glebe community is known for its rich heritage and vibrant culture, making 334 Queen Elizabeth Drive, Ottawa, a prime location for those looking to immerse themselves in the local lifestyle. With its close proximity to various amenities and attractions, this Multi-Family Home for sale in Ottawa is not just a residence; it is an opportunity to become part of a thriving community.

In summary, 334 Queen Elizabeth Drive, Ottawa, is a unique property that offers a blend of heritage and potential rarely found in today's market. Whether you are looking to restore this architectural gem or seeking a solid investment opportunity, this Multi-Family Home for sale in Ottawa is priced to sell. Don’t miss the chance to explore this remarkable property during the open house on Sunday, November 9, from 2 pm to 4 pm. Embrace the potential that awaits you at 334 Queen Elizabeth Drive, Ottawa, and envision the possibilities that lie ahead in this distinguished home.

Glebe, designated as community 4402 in the city of Ottawa, is a vibrant and picturesque neighbourhood known for its charming tree-lined streets and historic architecture. Nestled just south of downtown Ottawa, it offers a delightful blend of residential living, boutique shopping, and cultural attractions. The area is renowned for its lively atmosphere, with an array of cafés, restaurants, and local markets, particularly along Bank Street. Glebe also boasts beautiful parks and recreational spaces, including the scenic Rideau Canal, which transforms into a popular skating rink in winter. With its strong sense of community and convenient access to urban amenities, Glebe presents an inviting option for those seeking a dynamic yet serene place to call home.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. The closest is First Avenue Public School, just 0.2 km away, offering elementary education (JK to 6) with a commendable school rating of 8.5. For older elementary students, Glashan Public School is 0.9 km away, although it currently holds a rating of 0. Mutchmor Public School, another nearby elementary option, is 0.8 km away and offers French instruction with a solid rating of 8.4. Hopewell Avenue Public School, located 1.3 km from the property, provides a French curriculum for grades JK to 8 and boasts an impressive rating of 9. For secondary education, Glebe Collegiate Institute is 1.3 km away, rated at 7.7, while Immaculata High School, a Catholic institution, is just 0.5 km away, with a rating of 5.8. Additionally, Corpus Christi School, also a Catholic elementary school, is located 0.8 km away with a rating of 5.9. With a variety of educational options in close proximity, this property is well-suited for families prioritizing access to quality schooling.

Key Statistics of the Neighbourhood

The area surrounding the property has a small population of 627 residents, with an average household size of 1.6 individuals. The demographic profile reveals an average age of 49.5 years, indicating a mature community. The average household income is notably high at $135,500, with only 7.4% of the population classified as low-income. The real estate market reflects this affluence, with an average property price of $1,440,000. A significant portion of the population, 57.14%, is single, while 24.14% of households include children. The community is diverse, with 19.4% of residents being immigrants. Renters dominate the housing landscape, comprising 81.93% of the population, and there are no condominiums in the area. Education levels are impressive, with 73.64% of residents holding a college or university degree. However, a notable 37.98% of the population is not in the labor force, suggesting a mix of retirees and individuals pursuing other interests. Overall, this area presents a unique blend of affluence, education, and demographic diversity, making it an intriguing location for potential buyers or investors.