Description

Investors, Developers opportunity! Terrific Location and Opportunity in south after area of River Rd! Steps to bike path, park, river and new condos. Close to shopping, restaurants and downtown and across from government buildings. Traditional Mainstream (TM) zoning and great Location allow many possibilities for development and many types of businesses. The garage & building (2 bdrm + den + full bsmt) need work. (id:66096)

Market Timing

Days on market

48d

Ottawa listings, avg age

62d

List price

$1.10M

Haho

This vacant land in Ottawa has been listed for 48 days, which is 14 days fresher than the city average of 62. Act while there is still low competition.

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Area context

Neighbourhood profile (K1L)

This home lists at $1,100,000, about 17.4× the local median household income of $63,200.

Carrying it typically needs a household income of about $214,869 (20% down, 25-yr amortization, stress-tested) — roughly 240% above the area median.

Median household income: $63,200
Population: 18,213
Median age: 41.2
Owner / renter: 33% / 67%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA K1L)

$1,100,000

For sale

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Financing

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12 MCARTHUR Avenue, Ottawa - Vacant Land for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (K1L)

Book a showing

Need a commercial mortgage?