$4,075,200

For sale

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2591 Carp Road, Ottawa - Vacant Land for Sale

2591 Carp Road, Ottawa, Ontario, K0A1L0

3.39 acres lotListed 14 days ago

Overview

This lot in Ottawa is for sale. It has been on the market 14 days, fresher than the Ottawa average of 62 days.

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Description

3.396-acre corner development site with 508 ft of frontage on Carp Road between Cavanmore Rd and Cardevco Rd, minutes north of Highway 417 in Ottawa's Carp Road light industrial corridor. Two contiguous parcels with three street frontages, allowing car and truck traffic to be separated. Zoned RIL1 (Rural Industrial & Logistics), which permits up to 50% site coverage, roughly 74,000 sq ft of building. Existing improvements include a two-storey industrial building (approx. 5,000 sq ft per floor) with a full-height garage/warehouse at the front, plus a residential home with in-ground pool and stand alone garage. Well suited to an owner-occupier, an investor building small to large-bay industrial space, or a phased development. Conceptual plans have been prepared for consideration: four buildings with twenty small-bay units (45,470 sq ft), a multi-unit building (57,456 sq ft, six units), or a single 73,950 sq ft warehouse/showroom. Renderings are conceptual only and not approved. Well and septic required. Priced at $1.2M per acre. (id:66096)

Property Details

MLS®: X14100428
Property Type: Vacant Land
Zoning: RIL1 - Rural Industrial & Logistics
Lot Size: 3.39 acres
Frontage: 508 ft
Price per Acre: $1,199,998 per acre
Property Tax: $23,486/yr
Listed: 14 days ago

Features

Lot Features: Irregular lot size

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

14d

Ottawa listings, avg age

62d

List price

$4.08M

Haho

This vacant land in Ottawa has been listed for 14 days, which is 48 days fresher than the city average of 62. Act while there is still low competition.

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Listed by ROYAL LEPAGE INTEGRITY REALTY · Mitch Gauzas

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0A)

This home lists at $4,075,200, about 35.4× the local median household income of $115,000.

Carrying it typically needs a household income of about $796,029 (20% down, 25-yr amortization, stress-tested) — roughly 592% above the area median.

Median household income: $115,000
Population: 111,626
Median age: 44
Owner / renter: 87% / 13%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA K0A)

$4,075,200

For sale

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Financing

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