Description

A fantastic opportunity to develop this residential building lot just south Bank St and Walkey Road. Nestled in a mature residential neighbourhood, this location offers no rear neighbours, walking distance to an elementary school, public pool and tons of shopping. The adjacent lot is also for sale, why not build two homes instead of one! A permitted demolition has taken place and the home that was there has been removed. Services have been capped off for this lot, a water deposit is currently being held, and will be released with a building permit. (id:66096)

Market Timing

Days on market

35d

Ottawa listings, avg age

62d

List price

$370K

Haho

This vacant land in Ottawa has been listed for 35 days, which is 27 days fresher than the city average of 62. Act while there is still low competition.

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Area context

Neighbourhood profile (K1V)

This home lists at $369,900, about 4.0× the local median household income of $93,000.

Carrying it typically needs a household income of about $72,254 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $93,000
Population: 57,157
Median age: 38
Owner / renter: 58% / 42%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA K1V)

$369,900

For sale

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Financing

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Lot 119 Kitchener Avenue, Ottawa - Vacant Land for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (K1V)

Book a showing

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