406 Marguerite Avenue

Welcome to this charming Multi-Family Home for sale in Ottawa , located at 406 Marguerite Avenue, Ottawa. This delightful property is a legal duplex, perfectly situated just minutes from the iconic Parliament Buildings. If you're looking for a fantastic investment opportunity or a spacious family home, this is the one for you!

As you approach 406 Marguerite Avenue, Ottawa, you'll notice the impressive corner lot boasting a generous 96 by 48 feet of space. The exterior of the house is a lovely combination of brick and other materials, giving it a classic yet modern appeal. The detached oversized garage is a real bonus, providing ample space for one vehicle and additional storage. Plus, there's parking available for up to four cars, making it incredibly convenient for you and your guests.

Stepping inside this Multi-Family Home for sale in Ottawa, you'll find a well-thought-out layout. The main floor features two comfortable bedrooms, perfect for a small family or for hosting guests. The additional upstairs apartment includes one bedroom, offering a great opportunity for rental income or a private space for older children or relatives. With a total of six rooms and five additional spaces, there's plenty of room to spread out and make this house your home.

The kitchen is conveniently located on the ground floor, making it easy to whip up meals for family and friends. There's also an additional kitchen in the upstairs apartment, providing even more flexibility for cooking and entertaining. While this Multi-Family Home for sale in Ottawa doesn't come with air conditioning or a fireplace, it offers a warm and inviting atmosphere with forced air heating to keep you cosy during the colder months.

One of the standout features of 406 Marguerite Avenue, Ottawa, is the full unfinished basement. This space presents a fantastic opportunity for you to customise and create your dream area, whether that's a home gym, a playroom, or additional storage. The possibilities are endless! The property is connected to municipal water and sewer services, ensuring you have all the essential amenities at your fingertips.

While there’s no central vacuum system or family room, the layout of this Multi-Family Home for sale in Ottawa allows for easy living and entertaining. The unfurnished state of the home means you can truly make it your own, adding your personal touch and style throughout.

Location is key, and this home is ideally positioned just a stone's throw away from the 417 Highway, making commuting a breeze. You'll also find yourself within walking distance to a bus stop, grocery store, restaurants, and shopping, ensuring that everything you need is right at your doorstep.

As an added bonus, this property comes with two hydro panels and two hot water tanks, making it a practical choice for any homeowner. The immediate possession means you can move in without delay, making this Multi-Family Home for sale in Ottawa an excellent choice for those looking to settle in quickly.

In summary, 406 Marguerite Avenue, Ottawa, is a fantastic opportunity for anyone seeking a versatile living space or an investment property. With its prime location, spacious layout, and potential for rental income, this Multi-Family Home for sale in Ottawa is truly a gem waiting to be discovered. Don't miss your chance to make this lovely house your new home!

Vanier, located just east of downtown Ottawa, is a vibrant and diverse neighbourhood that offers a unique blend of urban living and local charm. Known for its rich cultural heritage, Vanier features a variety of shops, restaurants, and parks, making it an appealing choice for those seeking a lively atmosphere. The community is well-connected by public transport, providing easy access to the city centre and beyond. With its mix of residential options, from charming older homes to modern apartments, Vanier caters to a range of lifestyles. The presence of community events and local initiatives fosters a sense of belonging, making it an inviting place for newcomers to settle and thrive.

Schools in the Neighbourhood

This property is ideally situated near several educational institutions, making it an excellent choice for families. Within a 3.9 km radius, you'll find a variety of schools catering to different educational needs. The closest is Assumption School, a Catholic elementary school just 0.8 km away, offering grades JK to 6 with a rating of 5.0. Viscount Alexander Public School, located 1.2 km from the property, is another elementary option, rated at 5.8 and serving grades JK to 6. For families seeking a broader curriculum, Queen Elizabeth Public School (2.0 km away) offers grades JK to 8, although it has a lower rating of 3.9. Elgin Street Public School and Vincent Massey Public School provide French-language education, rated 7.5 and 6.9 respectively, and are located 2.4 km and 3.9 km away. For secondary education, Lisgar Collegiate Institute, rated 7.9, is just 1.9 km away, while Immaculata High School, rated 5.8, is 2.4 km from the property. With a mix of public and Catholic options, families will find quality education within a convenient distance.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small population of 926 residents, with an average household size of 1.7. The community is characterized by a mature demographic, with an average age of 48.6 years. The average household income stands at $71,600, although 17.2% of the population is classified as low-income. Housing prices are relatively high, with an average price of $660,000. A significant portion of the population, approximately 64.94%, is single, and only 20.59% of households include children. The area has a notable immigrant presence, making up 20% of the population. Renters dominate the housing landscape, comprising 78.21% of residents, while condominiums represent 8.97% of housing options. Educational attainment is relatively high, with 64.35% of the population holding a college or university degree. However, a substantial 45.22% of residents are not in the labor force, indicating potential challenges in employment opportunities. Overall, this area presents a unique blend of demographics that may appeal to specific buyer profiles, particularly those seeking a community with a mature, educated population.