Description

Prime development opportunity in the heart of Ottawa. Offered for land value only, this 49.93 ft x 104 ft building lot sits on Glynn Avenue in an established, high demand neighbourhood that continues to see strong infill activity. Zoned N3C, the lot offers flexibility for builders, investors and end users looking to build. General N3 permitted uses include detached, semi-detached, duplex and multi-unit infill, giving you options to maximize the value of the site.Municipal water, sewer, natural gas and hydro available at the street. The location speaks for itself. Just minutes minutes from the Vanier Parkway, St. Laurent Blvd, LRT transit, the Ottawa River pathways and downtown Ottawa. Opportunities like this close to the core are hard to find. Bring your plans. (id:66096)

Market Timing

Days on market

22d

Ottawa listings, avg age

63d

List price

$568K

Haho

This vacant land in Ottawa has been listed for 22 days, which is 41 days fresher than the city average of 63. Act while there is still low competition.

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Area context

Neighbourhood profile (K1K)

This home lists at $567,500, about 7.7× the local median household income of $73,500.

Carrying it typically needs a household income of about $110,853 (20% down, 25-yr amortization, stress-tested) — roughly 51% above the area median.

Median household income: $73,500
Population: 32,046
Median age: 42.4
Owner / renter: 41% / 59%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA K1K)

$567,500

For sale

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Financing

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137 Glynn Avenue, Ottawa - Vacant Land for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (K1K)

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