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$650,000
Ottawa
460 River Road, Ottawa, Ontario, K1V1H4
This 2-bedroom, 1-bathroom home in Ottawa is for sale offering roughly 350 sq ft of space. Listed at $650,000, it is attractively priced about 13% below the $749,900 median asking price in Ottawa. It has been on the market 21 days, fresher than the Ottawa average of 62 days.
Room to GROW, right where the city meets the water! This EXPANSIVE 100 x 710 FOOT LOT delivers wide open land with everyday convenience at your doorstep, just 4 minutes to the LRT and Riverside South Town Centre, 10 minutes to YOW airport, and a SHORT STROLL to the Rideau River. A prime opportunity for investors, developers, and builders with a bold vision. The lot includes 3 SOLID BUILDINGS: a main house with 2 bedrooms, 1 full bath, an open concept kitchen and living room, and a loft space for storage or flex use, a heated workshop with GOOD ceiling height, and a LARGE barn with a second floor that was once an office. Currently used for storage, the barn could be restored as a workshop, multi-purpose space, or reception area, depending on your plans. With DR zoning and over 700 FEET of depth, there are options for development, redevelopment, or rezoning. Offered AS-IS, WHERE-IS. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
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 2-bed single 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 $650,000, about 7.0× the local median household income of $93,000.
Carrying it typically needs a household income of about $126,968 (20% down, 25-yr amortization, stress-tested) — roughly 37% above the area median.
Source: Statistics Canada, 2021 Census (FSA K1V)
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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