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685 FARMINGTON Avenue, Billings Bridge - Riverside Park and Area, ON K1V 7H4

6 beds · 3 baths · 1 kitchen · 13+2 rooms · 4 parking spaces · 2000-2500 sq ft · Detached
$688,000
Property tax
$5,827 / year

Rare opportunity to own in Ottawa Park South, one of Ottawa's fastest-transforming neighborhoods with exceptional long-term growth potential. Surrounded by ongoing redevelopment and benefiting from proximity to Mooney's Bay, transit, employment hubs, and urban amenities, this location is increasingly recognized as a future premier residential destination. Strong rental demand, excellent accessibility, and continued community investment make this an attractive option for both end users and savvy investors seeking appreciation potential.This spacious residence offers 5 bedrooms, a main-floor office, and den, providing exceptional flexibility for large families, multi-generational living, investors, or short-term rental operations. Currently operating as a successful Airbnb, the home generates strong income potential while maintaining future adaptability. The seller is open to restoring the original living room configuration prior to closing.Featuring three full bathrooms, abundant storage, a large functional kitchen, and a cozy gas fireplace, the home is designed for comfortable everyday living. The expansive finished basement offers excellent potential for recreation space, additional accommodation, or future secondary dwelling possibilities. Outside, the private fenced backyard creates an ideal setting for entertaining and family enjoyment.Whether you're looking to secure a family home in an emerging destination neighborhood or capitalize on the long-term growth potential of one of Ottawa's most strategically located communities, this property presents a rare opportunity to invest in the future of Ottawa Park South.

MLS number
X13777518
Type
Detached
Status
Active
Bedrooms
6
Bathrooms
3
Postal code
K1V 7H4
Photos
41
Laundry
Not in the unit
0days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Fielding Drive Public School
Ottawa-Carleton DSB
Elementary306 m6.9 / 10
69% met the standard · 3 of 6 measures
Holy Cross Elementary School
Ottawa CSB
Elementary482 m6.8 / 10
68% met the standard
École élémentaire catholique George-Étienne-Cartier
CSDC du Centre-Est de l'Ontario
Elementary788 m8.6 / 10
86% met the standard
General Vanier Public School
Ottawa-Carleton DSB
Elementary972 m5.7 / 10
57% met the standard · 3 of 6 measures
Brookfield High School
Ottawa-Carleton DSB
Secondary1.4 km5.6 / 10
56% met the standard · 2 of 6 measures
Westboro AcademyElementary1.6 kmNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 522 people.

$120,000Median household income
95.5%Own their home
97.7%Detached houses
50.4Median age
12.9%Born outside Canada
50.6%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35061838 — the few blocks around this address, home to 522 people. It describes the area, not this property.

522Population
47.8Average age
2.4Household size
$143,000Average household income
$120,000Median household income
96%Own their home
5%Rent
5%Condominiums
13%Born outside Canada
51%University degree
$650,000Average home value
2%Low income
95%Not in the labour force
20%Never married
$25,000 to $29,9991%
$45,000 to $49,9991%
$50,000 to $59,9993%
$60,000 to $69,9993%
$70,000 to $79,9994%
$80,000 to $89,9994%
$90,000 to $99,9994%
$100,000 and over39%
$100,000 to $124,9999%
$125,000 to $149,99910%
$150,000 to $199,9999%
$200,000 and over12%

Percentages are of the 345 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$137,600 · minimum here is $43,800
$3,046.32per month
Borrowed before insurance$550,400
Total borrowed$550,400
Interest over 25 years at 4.5%$363,495

If you rented it out

-$3,531.90per month out of pocket
Rent$0.00
Everything it costs to hold$3,531.90
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by HOME RUN REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.