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$899,900
Ottawa
6 Malcolm Place, Ottawa, Ontario, K2G1P4
This 4-bedroom, 2-bathroom home in Ottawa is for sale offering roughly 1,750 sq ft of space. It has been on the market 41 days, fresher than the Ottawa average of 62 days.
A great opportunity in an established Nepean neighbourhood, just minutes from Algonquin College, shopping, transit, schools and everyday amenities. Set on a large (117 X 126) corner lot surrounded by mature trees, 6 Malcolm Place offers plenty of possibilities for buyers looking for land in a well-established residential area.The corner configuration, lot size and mature setting make this an especially interesting property for builders, developers or investors, with potential to explore severance into two separate lots or future redevelopment. Close to Woodroffe Avenue and College Square while still surrounded by mature residential streets, this is a location with both convenience and long-term potential.(Any severance or redevelopment potential is subject to City of Ottawa approval, applicable zoning requirements and the buyer completing their own due diligence.) Please book a showing, don't walk the lot without a Realtor. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 41 days on market, against an average age of 62 days across the listings currently for sale in this city
This 4-bed single family in Ottawa has been listed for 41 days, which is 21 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 $899,900, about 7.9× the local median household income of $114,000.
Carrying it typically needs a household income of about $175,782 (20% down, 25-yr amortization, stress-tested) — roughly 54% above the area median.
Source: Statistics Canada, 2021 Census (FSA K2G)
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Loading rates, 30-yr amortization
Cash Needed to Close
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