24-26 CONCORD Street North, Ottawa - Vacant Land for Sale

24-26 CONCORD Street North, Ottawa, Ontario, K1S0Y2

0 baths46 × 66 ft (3,036 sq ft) lotListed 65 days ago

Overview

This lot in Ottawa is for sale.

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Description

Attention Developers/Builders opportunity knocks just a short block to the Canal and Echo Drive. Lot available to develop with approximately 3100 sqft, 46 ft frontage and 66 ft depth. Prime location with many newly developed luxury townhouses, condo projects & new single homes. Zoning R4UD allows for multiple uses. On file, a property report completed by Fotenn Planning and Design with proposals to develop the property into a low-rise 3 story+ basement apartment building with 8+ units or build 2 luxury semi-detached properties with permitted Secondary dwelling Units for each. Unbeatable location and area the city has designated for intensification. Minutes to Ottawa University, LRT stations, highway, downtown, Rideau Centre and Main Street to name a few. No access to the building and sold in As-Is condition. This lot awaits the right developer/builder to bring its full potential to reality! (id:66096)

Property Details

MLS®: X13732742
Property Type: Vacant Land
Bathrooms: 0
Lot Size: 46 × 66 ft (3,036 sq ft)
Frontage: 46 ft
Property Tax: $6,156.58/yr
Listed: 65 days ago

Services

Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

65d

Ottawa listings, avg age

62d

List price

$750K

Haho

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Listed by ROYAL LEPAGE INTEGRITY REALTY · Sepehr Safaee

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K1S)

This home lists at $749,900, about 7.1× the local median household income of $106,000.

Carrying it typically needs a household income of about $146,482 (20% down, 25-yr amortization, stress-tested) — roughly 38% above the area median.

Median household income: $106,000
Population: 31,257
Median age: 39.2
Owner / renter: 51% / 49%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA K1S)

$749,900

For sale

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Financing

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