1016 Old Montreal Road

Ottawa, Ontario K4A 3N2

119.6 X 528.59 Ft Lot size

91 days ago Listed

About this home

Opportunity alert for developers and investors, don't miss out on this lucrative prospect! A proposed 2x24 units.Discover this spacious 3 bedroom bungalow situated on a 1.411-acre lot (119.70' frontage x 528.59' depth) in the heart of Orléans on Old Montreal Road. Located on the south end of the desirable Spring Ridge neighbourhood, the property is just a short walk to the Light Rail Transit at Trim Road. It borders newer residential developments and sits directly across from planned commercial amenities including shops and restaurants. A fantastic opportunity for development in a thriving area. 24-hour irrevocable on all offers (id:28469)

Facts & features

Property

MLS® Number: X12748760
Property Type: Vacant Land
Neighbourhood: Fallingbrook
Community Name: 1107 - Springridge/East Village

Building

Utility Water: Municipal Water

Land

Acreage: No
Sewer: Sanitary Sewer
Size Depth: 528 Ft ,7 In
Size Frontage: 119 Ft ,7 In
Size Irregular: 119.6 X 528.59 Ft
Size Total Text: 119.6 X 528.59 Ft
Zoning Description: Dr

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment: $7,523/mo
Ontario land transfer tax: $30,455 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Springridge/East Village market

19 Active listings

$790,000 Median asking price

115% above median This home

24 days Avg. time on market

Browse all Springridge/East Village listings →

Location

1016 Old Montreal Road, Ottawa, Ontario K4A 3N2 · Get directions