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$969,900
Ottawa
3653 Albion Road, Ottawa, Ontario, K1T1A4
This 5-bedroom, 3-bathroom home in Ottawa is for sale offering roughly 900 sq ft of space.
Income-Generating Bungalow with Legal Basement Apartment & Development Potential; welcome to 3653 Albion Road, a fantastic opportunity for homeowners, investors and developers alike! This well-located 3-bedroom bungalow offers comfortable main-floor living along with a recently finished legal basement apartment featuring a separate entrance and separate Hydro meter. The basement apartment includes 2 bedrooms, a kitchen, living area, and 2 bathrooms, providing an excellent opportunity for rental income or extended-family living.The property also features a very deep backyard, offering plenty of outdoor space and significant future potential. With N2B zoning, the property presents an attractive opportunity for buyers looking to explore future redevelopment possibilities, subject to City of Ottawa approvals and applicable zoning requirements. Convenient location close to Bank Street and Hunt Club Road, minutes to South Keys Shopping Centre, easy access to Ottawa International Airport, public transit, shopping, restaurants, schools and major roadways. Whether you're looking for a home with income potential, a property suitable for multigenerational living, or an investment with future development possibilities, 3653 Albion Road offers a unique combination of location, functionality and opportunity. A great opportunity for homeowners and investors - don't miss it! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 69 days on market, against an average age of 62 days across the listings currently for sale in this city
This 5-bed single 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 $969,900, about 9.1× the local median household income of $107,000.
Carrying it typically needs a household income of about $189,455 (20% down, 25-yr amortization, stress-tested) — roughly 77% above the area median.
Source: Statistics Canada, 2021 Census (FSA K1T)
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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
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.