Listed for:Listed Sep 1, 2026
$749,000

1047 Richard Avenue

Ottawa (Billings Bridge), ON K1H 8C3

Detached House For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 1047 Richard Avenue, Ottawa, Billings Bridge

No listing history available

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About 1047 Richard Avenue, Ottawa, Billings Bridge

Summarized Description

  • Well-maintained bungalow on a spacious 50 x 100 ft lot.
  • Updated kitchen with granite countertops and solid oak cabinetry.
  • Hardwood flooring throughout the main level.
  • In-law suite potential with separate entrance.
  • Large family room with gas fireplace.
  • Walking distance to parks and amenities.
  • Ideal for families or investors seeking rental income.
  • Expansive outdoor space for entertaining and gardening.

Welcome to 1047 Richard Avenue, a well-maintained bungalow set on a spacious 50 x 100 ft lot in Ottawa, offering excellent flexibility for families, multi-generational living, or potential rental income.The main level features a bright and functional layout with three generously sized bedrooms and a full bathroom, providing comfortable everyday living. The updated kitchen showcases granite countertops, tile flooring, and beautiful solid oak cabinetry, while hardwood flooring continues throughout the remainder of the main level. Large windows fill the home with natural light, creating a warm and inviting atmosphere.The lower level offers exceptional additional living space with a large family room featuring a gas fireplace, a fourth bedroom, flexible den space, partial bathroom, and a newly installed kitchenette. Combined with the convenient side entrance, this level provides an ideal setup for an in-law suite or potential income-generating unit.Outside, the expansive lot offers plenty of room for outdoor entertaining, gardening, or future landscaping projects.Ideally located within walking distance to parks, transit, and everyday amenities, this home presents a fantastic opportunity for homeowners seeking versatility or investors looking for added income potential in a desirable Ottawa neighbourhood.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,577
Land Transfer Tax Fee
$11,455

Rental Items

Rental Equipment
Hot Water Tank

Basement Type
Finished, Separate Entrance

Interior Features

Laundry Level
Lower Level
Interior Extras
In-Law Suite, In-Law Capability, Primary Bedroom - Main Floor
Fireplace/Stove
Yes
Fireplace Features
Natural Gas, Family Room
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
Bungalow
Approx Age
51-99

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Concrete Block
Special Designation
Other

Lot

Lot Front
50.00 ft
Lot Depth
100.00 ft

Inclusions

Inclusions
Fridge, Stove, Microwave/Hoodfan, dishwasher, washer, dryer

Exclusions

Exclusions
None

Parking & Garages

Garage Type
Detached
Garage Spaces
1
Parking Spaces
4
Total Garage And Parking Spaces
5

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
3 + 1
Washrooms
2
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Bedroom—
    Main level
  • Foyer—
    Main level
  • Bedroom—
    Basement level
  • Primary Bedroom—
    Main level
  • Dining Room—
    Main level
  • Living Room—
    Main level
  • Bathroom—
    Basement level, 2 Pc Bath
  • Recreation—
    Basement level
  • Den—
    Basement level
  • Bathroom—
    Main level, 4 Pc Bath
  • Kitchen—
    Main level
  • Laundry—
    Basement level
  • Bedroom—
    Main level

Washrooms

  • 4-piece, Main
  • 2-piece, Basement

Municipality
Ottawa
Neighbourhood
Billings Bridge
Main cross streets
Heron and Clementine
Zoning
R3A
Directions
Heron Road turn North on Clementine Blvd and then turn West onto Richard Ave. Property is on the right.

MLS® number
X13730990
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-01
Updated on
2026-09-01
Days on market
46 days
Possession type
Flexible
Co-op commission
2%
Seller
Listed by
HOUSESIGMA INC

Home Market Value

Current home valuation for 1047 Richard Avenue, Ottawa, Billings Bridge, Ottawa, ON. Listed for $749,000

HOMEH Estimate

?

$684,289

Estimated Sales Range

?

$410,573 - $958,005

HOMEH Estimate for 1047 Richard Avenue, Ottawa, Billings Bridge

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$684,289Low confidence
Based on 3 comparable properties
+ $64,711 (9%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Ottawa, ON
Minimum Down Payment Required:6.7%

5% on first $500K + 10% on $249,000 over $500K

Minimum down payment

$49,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$27,953$20,897$17,826$0
=Total mortgage
$726,770$694,997$654,476$599,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,548monthly$3,393monthly$3,195monthly$2,926monthly
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Land Transfer Tax

Provincial

$11,455

Total Land Transfer Tax

$11,455

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