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$599,900
Ottawa
321 Savard Avenue, Ottawa, Ontario, K1L7S1
This 3-bedroom, 1-bathroom home in Ottawa is for sale offering roughly 900 sq ft of space. Listed at $599,900, it is attractively priced about 20% below the $749,900 median asking price in Ottawa. It has been on the market 45 days, fresher than the Ottawa average of 62 days.
CALLING ALL BUILDERS, DEVELOPERS AND INVESTORS! OPPORTUNITY KNOCKS! Large irregular corner lot 5242 square feet (GEO) with R5D H25 zoning, allowing for a multitude of uses including various commercial and residential development possibilities including low rise up to 25 metres (Buyers to verify with city). Nicely located near community centers, government buildings, shops, public transit, parks and a quick commute to downtown Ottawa. This property is being sold for land value. The house is 'as is, where is' with no warranties provided. See attachments for property measurements to see how it corners on two streets. All measurements are approximate. Owner occupied property. House is fully operational but no interior showings until a conditional sale. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 45 days on market, against an average age of 62 days across the listings currently for sale in this city
This 3-bed single family in Ottawa has been listed for 45 days, which is 17 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 $599,900, about 9.5× the local median household income of $63,200.
Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 85% above the area median.
Source: Statistics Canada, 2021 Census (FSA K1L)
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Loading rates, 30-yr amortization
Cash Needed to Close
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