1047 Richard Ave, Billings Bridge - Riverside Park and Area
Billings Bridge - Riverside Park and Area, ON · · MLS® X13730990Updated
$749,000Est. $3,680/mo mortgage
Bedrooms
3
Bathrooms
1
Living space
700–1100sq ft
Parking spaces
5
Type Detached
Garage Yes
Basement Finished, Separate Entrance
What you should know
1047 Richard Ave is a 3-bedroom, 1-bathroom detached home in Billings Bridge - Riverside Park and Area, listed for $749,000. It has 700-1100 sq ft of living space.
1The updated kitchen showcases granite countertops, tile flooring, and beautiful solid oak cabinetry, while hardwood flooring continues throughout the remainder of the main level.
2BasementFinished, Separate Entrance, as described in the listing.
3 Bed, 1 Bath Detached Home in Billings Bridge - Riverside Park and Area
About 1047 Richard Avenue
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.
3 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $1,070 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 1047 Richard Ave
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
5 spacesYes garage
Basement
Finished, Separate Entrance
Features & systems
Parking & garage
Garage
Yes
Parking spaces
5
Interior
Basement
Finished · Separate Entrance
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
1047 Richard Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13730990$749,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1047 Richard Ave Compares to the Billings Bridge - Riverside Park and Area Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,680
/mo
based on the purchase price of $749,000
$149,800 cash
$599,200 financed
$504,684 total interest
Principal54%$599,200
Interest46%$504,684
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Billings Bridge - Riverside Park and Area
Other 2–4 bed homes for sale in Billings Bridge - Riverside Park and Area around $749K.
Market pulse · Billings Bridge - Riverside Park and Area
Median sold price$678,500Last 90 days
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio98.3%On average, homes sold below asking.
Active listings49Homes for sale here right now.
Median vs prior 90 days+7.7%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 51 sales from Jul 24 – Oct 22, 2026 (23 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
1047 Richard Ave is listed at $749,000 (MLS® X13730990). Summitly updates the price as soon as the MLS® record changes.
Is $749,000 a good price for 1047 Richard Ave?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Billings Bridge - Riverside Park and Area. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1047 Richard Ave changed?
No — 1047 Richard Ave is still listed at its original asking price of $749,000.
How many bedrooms and bathrooms does 1047 Richard Ave have?
1047 Richard Ave has 3 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Billings Bridge - Riverside Park and Area.
Is 1047 Richard Ave close to transit?
The nearest rapid-transit station is Mooney's Bay Station (O-Train Line 2), about 770 m (about a 10-minute walk) in a straight line. Walkley Station is about 1.5 km (about a 18-minute walk), and Carleton Station is about 1.7 km (about a 21-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 1047 Richard Ave?
About $3,680 a month — principal and interest on $749,000 with 20% down ($149,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1047 Richard Ave compare with other homes in Billings Bridge - Riverside Park and Area?
Its asking price of $749,000 is about 10% above the median sold price in Billings Bridge - Riverside Park and Area over the last 90 days, $678,500, across 51 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1047 Richard Ave been sold before?
Summitly has no earlier MLS® sale or lease of 1047 Richard Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1047 Richard Ave?
1047 Richard Ave is in Billings Bridge - Riverside Park and Area, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1047 Richard Ave been on the market?
51 days — 1047 Richard Ave was listed on September 1, 2026.
What is the price per square foot of 1047 Richard Ave?
About $681 to $1,070 per square foot: the asking price of $749,000 over the 700–1,100 sq ft the listing gives as its size range.
Does 1047 Richard Ave have parking or a garage?
Yes — the listing gives 5 parking spaces. Garage: Yes.
