For Sale Vacant Land

259-257 Bradley Avenue

$999,000 Est. $4,423/mo ↓

Ottawa, Ontario K1L 7E8

65.92 X 94.54 Ft, Under 1/2 Acre Lot size
43 days ago Listed

About this home

FULLY PERMITTED & SHOVEL-READY 10-UNIT DEVELOPMENT SITE. Start construction immediately and bypass years of holding costs and municipal red tape with this premier 65.92' x 94.66' multi-residential lot in one of Ottawa's fastest-evolving, transit-connected neighbourhoods. With building permits in hand and Ottawa's new high-density Neighbourhood zoning in place, this project is 100% ready to build. The turnkey package includes full stamped architectural plans by VDesignZ Inc., completed land surveys, environmental assessments, comprehensive due diligence, and a lender-ready package, which is also available with an appraisal and quantity survey. Designed for maximum cash flow and premium tenant attraction, the approved plan features a highly desirable, family-friendly mix of two spacious 4-bedroom units, four 3-bedroom units, four 2-bedroom units, and four parking spots in front of the building. Walk-out suites ideal for short-term rental, potential to add 4 additional units. Located just minutes from downtown Ottawa, the vibrant Beechwood Avenue corridor, rapid transit, boutique shopping, and top-tier schools, this is an unmatched opportunity for developers and investors to capitalize on Ottawa's surging rental market with a purpose-built asset. VTB up to 80%. (id:28469)

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Facts & features

Property

MLS® Number
X13561170
Property Type
Vacant Land
Community Name
3402 - Vanier
Amenities Near By
Park, Public Transit, Schools
Community Features
Community Centre

Building

Utility Water
Municipal Water

Land

Acreage
No
Land Amenities
Park, Public Transit, Schools
Sewer
Sanitary Sewer
Size Depth
94 Ft ,6 In
Size Frontage
65 Ft ,11 In
Size Irregular
65.92 X 94.54 Ft
Size Total Text
65.92 X 94.54 Ft|under 1/2 Acre
Zoning Description
R4ua

Utilities

Cable
Available
Electricity
Available
Sewer
Available

Monthly payment estimate

$
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
$4,423/mo
Ontario land transfer tax
$16,455 one-time

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

The Vanier market

69 Active listings
$599,900 Median asking price
67% above median This home
35 days Avg. time on market
Browse all Vanier listings →

Location

259-257 Bradley Avenue, Ottawa, Ontario K1L 7E8  ·  Get directions

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