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$749,900
Ottawa
24-26 Concord Street North, Ottawa, Ontario, K1S0Y2
This multi-family property in Ottawa is for sale offering roughly 350 sq ft of space.
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)
Features and services as supplied by the listing brokerage.
Long Listed: 64 days on market, against an average age of 62 days across the listings currently for sale in this city
This multi-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 $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.
Source: Statistics Canada, 2021 Census (FSA K1S)
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Loading rates, 30-yr amortization
Cash Needed to Close
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