Description

Live, work and play in the best location in the Village of Carp. This 3-storey, all brick Victorian building is one of the community's most iconic homes. Currently operated as a successful music academy, the main floor layout is conducive to professional, medical or retail uses. The 2nd and 3rd floors offer a tastefully updated and functional 3 bedroom, 1.5 bath residential unit with its own private entry. The Village Mixed Use zoning is one of the most versatile in the City of Ottawa, giving the owner the flexibility to operate the property as a business, a home or any combination thereof. This property is ideal for investors and owner/operators alike. (id:66096)

Property Details

MLS®: X14105774
Property Type: Office
Zoning: Village Mixed Use (VM)
Interior Size: 2,326 ft²
Frontage: 60 ft
Building Area: 2,326 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $5,110.46/yr
Listed: 13 days ago

Features

Appliances: Washer, Dryer, Microwave, Hood Fan

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

13d

Ottawa listings, avg age

62d

Price / ft²

$297

List price

$690K

Haho

This office in Ottawa has been listed for 13 days, which is 49 days fresher than the city average of 62. Act while there is still low competition.

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Area context

Neighbourhood profile (K0A)

This home lists at $689,900, about 6.0× the local median household income of $115,000.

Carrying it typically needs a household income of about $134,762 (20% down, 25-yr amortization, stress-tested) — roughly 17% 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)

$689,900· $297/ft²

For sale

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Financing

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422 Donald B Munro Drive, Ottawa - Office for Sale