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$625,000
Ottawa
149 Sweetland Avenue, Ottawa, Ontario, K1N7V1
This 2-bedroom, 1-bathroom home in Ottawa is for sale offering roughly 350 sq ft of space. Listed at $625,000, it is attractively priced about 17% below the $749,900 median asking price in Ottawa. It has been on the market 37 days, fresher than the Ottawa average of 62 days.
Development or renovation opportunity in the heart of Sandy Hill. Zoned N4B [480], this property offers exceptional potential in one of Ottawa's most established urban, family friendly and university focused neighbourhoods. Ideally situated directly across from Annie Pootoogook Park, residents will enjoy immediate access to expansive green space, playground, seasonal outdoor rink, and community offerings at the Sandy Hill Community Centre, creating an attractive setting for future residential development or expansion of the existing property. Lot size of 35.5 feet x 88 feet currently comprises bungalow and garage measuring approximately 25' 10" x 13' 5", which was built approximately 15 years ago. Conveniently positioned just steps from the University of Ottawa's campus, this property benefits from strong demand drivers and proximity to academic facilities, transit including convenient access to 417 and approximately 700 m to LRT station, restaurants, cafés, shopping, and downtown employment centres. Whether envisioned as a boutique residential project or a strategic long-term investment, this is an opportunity to secure a prime development site in a vibrant, amenity-rich neighbourhood with strong rental demand. All offers to contain minimum 24 hour irrevocable. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 37 days on market, against an average age of 62 days across the listings currently for sale in this city
This 2-bed single family in Ottawa has been listed for 37 days, which is 25 days fresher than the city average of 62. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $625,000, about 9.8× the local median household income of $64,000.
Carrying it typically needs a household income of about $122,084 (20% down, 25-yr amortization, stress-tested) — roughly 91% above the area median.
Source: Statistics Canada, 2021 Census (FSA K1N)
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Loading rates, 30-yr amortization
Cash Needed to Close
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