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$497,000
Ottawa
303 Lacasse Avenue, Ottawa, Ontario, K1L7A5
This multi-family property in Ottawa is for sale offering roughly 1,300 sq ft of space. It has been on the market 21 days, fresher than the Ottawa average of 62 days.
Click brochure link for more details. ATTENTION BUILDERS, DEVELOPERS & SAVVY INVESTORS! Incredible infill development opportunity on a prime 40' x 100' flat lot (4,000 sq. ft.) situated on a quiet, highly desirable pocket of Lacasse Avenue in the heart of Vanier. This property is being sold strictly for land value and is a clean-slate canvas ready for your next high-density residential build. The existing triplex structure is uninhabitable, allowing you to bypass the Landlord and Tenant Board (LTB) entirely with 100% vacant possession and a flexible, fast closing date. Benefit from massive cost and time savings with active, live municipal utility hookups (water, sewer, and hydro) already connected to the site. The hot water tanks are owned. There are no lease agreements for utilities. The perimeter is completely secured by a 7-foot privacy fence, perfect for managing your pre-construction phase. Located steps from the vibrant Montreal Road transit corridor, local amenities, and just minutes to downtown Ottawa. Capitalize immediately on Ottawa's New Zoning By-law 2026-50 framework. Located in a high-density N-zone transition pocket featuring zero municipal parking minimums, allowing you to maximize the rear footprint for an optimal low-rise 4 to 8-unit multiplex conversion or full clean-slate build. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 21 days on market, against an average age of 62 days across the listings currently for sale in this city
This 6-bed multi-family in Ottawa has been listed for 21 days, which is 41 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 $497,000, about 7.9× the local median household income of $63,200.
Carrying it typically needs a household income of about $97,081 (20% down, 25-yr amortization, stress-tested) — roughly 54% above the area median.
Source: Statistics Canada, 2021 Census (FSA K1L)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice