$799,900

For saleJust listed

1568 Montcerf Court, Ottawa, Ontario, K1C4Z4

4 bd3 ba6 pk1,750 ft²Lot size 36 × 112 ft (4,062 sq ft)

Listed by ROYAL LEPAGE TEAM REALTY

1478 Corsham Avenue, Ottawa, Ontario, K4A3M5

For saleJust listed

Today

$555K

1478 Corsham Avenue, Ottawa, Ontario, K4A3M5

3 bd3 ba3 pk1,300 ft²Lot size 27 × 113 ft (3,054 sq ft)

Listed by ROYAL LEPAGE PERFORMANCE REALTY

1109 Fieldfair Way, Ottawa, Ontario, K4A0E1

For saleJust listed

Today

$600K

1109 Fieldfair Way, Ottawa, Ontario, K4A0E1

3 bd4 ba2 pk1,750 ft²Lot size 20 × 67 ft (1,334 sq ft)

Listed by REMAX BOARDWALK REALTY

322 Ravenswood Way, Ottawa, Ontario, K4A0R9

For saleJust listed

Today

$598K

322 Ravenswood Way, Ottawa, Ontario, K4A0R9

3 bd3 ba2 pk1,300 ft²Lot size 20 × 95 ft (1,931 sq ft)

Listed by RE/MAX ABSOLUTE WALKER REALTY

Investment analysis

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$799,900

Ottawa

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1022 Maitland Avenue, Ottawa - Single Family for Sale

1022 Maitland Avenue, Ottawa, Ontario, K2C2B6

4 beds2 baths2 parking900 ft²50 × 124 ft (6,190 sq ft) lot sizeListed 7 days ago

Overview

This 4-bedroom, 2-bathroom home in Ottawa is for sale offering roughly 900 sq ft of space. It has been on the market 7 days, fresher than the Ottawa average of 62 days.

Houses for Sale in Ottawa →All real estate in Ottawa →

Description

ATTENTION BUILDERS, DEVELOPERS & INVESTORS! PRIME REDEVELOPMENT OPPORTUNITY! Discover the potential of this approximately 50' x 123' property with City confirmed CM2 (Minor Corridor Zone 2) zoning, offering exciting possibilities for future development and intensification. Ideally situated in an established Ottawa neighborhood with convenient access to Highway 417, public transit, shopping, schools and everyday amenities. A desirable location for a future residential or mixed use project, subject to applicable zoning provisions and municipal approvals. Currently improved with a 3-bedroom bungalow featuring a finished lower level, the property is tenant occupied and generates $3,000/month in all inclusive rental income, offering income while future plans are explored. A new survey is available with an offer. An outstanding opportunity to invest in the land, location and future potential! (id:66096)

Property Details

MLS®: X14131858
Property Type: Single Family
Zoning: CM2 - Minor Corridor Zone 2
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 2
Interior Size: 900 ft²
Lot Size: 50 × 124 ft (6,190 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: None
Garage: Other, No Garage
Ownership: Freehold
Property Tax: $4,350/yr
Listed: 7 days ago

Rooms

Main level

Primary Bedroom: 3.39 x 2.74 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Foundation: Block
Exterior: Stucco
Lot Features: Lane

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Ottawa listings, avg age

62d

Price / ft²

$889

List price

$800K

Haho

This 4-bed single family in Ottawa has been listed for 7 days, which is 55 days fresher than the city average of 62. Act while there is still low competition.

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Listed by EXP REALTY · Todd Gingras

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K2C)

This home lists at $799,900, about 9.3× the local median household income of $86,000.

Carrying it typically needs a household income of about $156,248 (20% down, 25-yr amortization, stress-tested) — roughly 82% above the area median.

Median household income: $86,000
Population: 29,359
Median age: 38
Owner / renter: 55% / 45%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K2C)

$799,900· $889/ft²

For sale

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Full Cost Breakdown

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Down Payment6.87% · $54,990

Min 6.87%50%

Mortgage payment$4,130/mo

↳ CMHC premium ($29,796 capitalized)

Property tax (est.)$363/mo

Total monthly$4,492

Cash Needed to Close

Down payment (6.87%)$54,990

Land transfer tax$12,473

Est. closing costs$4,900

Total cash needed$72,363

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