ATTENTION BUILDERS & DEVELOPERS: PRIME SEVERANCE & JV OPPORTUNITY IN BRITANNIA. Unlock the massive upside of this rare, high-potential parcel bridging Britannia Road and Rowatt Street! The seller is looking for an experienced, forward-thinking developer or Joint Venture (JV) partner to take the lead on severing this property into two premium lots. The existing home at 105 Britannia Rd will be retained, while a fantastic new lot will be created with a generous 16-meter frontage fronting on Rowatt Street.The seller is highly cooperative, open to creative ideas, and welcoming all offer structures/possibilities to bring this project to life. We have already engaged with City of Ottawa planners, who have provided a favorable preliminary review. The path forward is clear, with no immediate issues of concern that would prohibit the severance. Bring Your Vision All offers are conditional on severence. All details regarding future lot lines, dimensions, and development potential are preliminary and subject to final severance completion. Buyer is responsible for independent due diligence regarding the severance, municipal service extensions from Britannia, environmental studies, and verifying all permitted uses/build options. (id:28469)
Facts & features
Property
MLS® Number
X13439122
Property Type
Vacant Land
Community Name
6102 - Britannia
Land
Acreage
No
Size Depth
49 Ft ,5 In
Size Frontage
52 Ft ,6 In
Size Irregular
52.5 X 49.48 Ft
Size Total Text
52.5 X 49.48 Ft|under 1/2 Acre
Zoning Description
R1o
Utilities
Cable
Available
Electricity
Available
Sewer
Available
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
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
$1,771/mo
Ontario land transfer tax
$4,474 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.