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$849,900
Ottawa
1255 Evans Boulevard North, Ottawa, Ontario, K1H7T7
This 5-bedroom, 2-bathroom home in Ottawa is for sale.
Redevelopment opportunity in a prime location! Don't miss your chance to own this spacious 5-bedroom, 2-bath bungalow situated on a large 50 x 138.5 ft lot. Featuring a separate basement entrance with an in-law suite, this property offers excellent income potential and endless possibilities for investors, builders, or families looking to customize their dream home. Conveniently located close to amenities, transit, schools, and more. A rare opportunity with tremendous upside! The owners have already completed the architectural design, grading plan, mechanical plan, structural plan, survey, and asbestos reports for the property. The proposed development is a single home with two additional dwelling units (3 units total), consisting of:Second Floor: 3 bedrooms and 2 full bathroomsMain Floor: 3 bedrooms and 2 full bathroomsBasement Unit: 2 bedrooms and 1 full bathroom. The architectural design is available upon request. The house is currently vacant, allowing a purchaser to immediately begin interior renovations. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 178 days on market, against an average age of 63 days across the listings currently for sale in this city
This 5-bed single family in Ottawa is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $849,900, about 8.3× the local median household income of $103,000.
Carrying it typically needs a household income of about $166,015 (20% down, 25-yr amortization, stress-tested) — roughly 61% above the area median.
Source: Statistics Canada, 2021 Census (FSA K1H)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.