2831 Bank Street

Ottawa, Ontario K1T 1N2

700 - 1,100 sqft Interior

68.9 X 154.3 Ft Lot size

1 day ago Listed

About this home

Development opportunity at 2831 Bank Street! This approximately 10,430 sq. ft. corner lot offers excellent exposure along a major Ottawa corridor. With new N4B zoning, the property presents exciting redevelopment potential, while the corner configuration provides added street frontage and flexibility for future site planning. The existing house is currently rented, providing rental income while you develop your plans and pursue approvals. A great opportunity for builders, developers and investors. Buyers to verify permitted uses, development potential and servicing requirements with the City of Ottawa. (id:28469)

Facts & features

Property

MLS® Number: X14118428
Property Type: Vacant Land
Neighbourhood: Blossom Park
Community Name: 2606 - Blossom Park/Leitrim

Building

Size Interior: 700 - 1,100 Sqft

Land

Acreage: No
Size Depth: 154 Ft ,3 In
Size Frontage: 68 Ft ,10 In
Size Irregular: 68.9 X 154.3 Ft
Size Total Text: 68.9 X 154.3 Ft

Utilities

Cable: Available
Electricity: Available
Sewer: Available

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: $3,985/mo
Ontario land transfer tax: $14,475 one-time

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

The Blossom Park/Leitrim market

7 Active listings

$695,900 Median asking price

29% above median This home

35 days Avg. time on market

Browse all Blossom Park/Leitrim listings →

Location

2831 Bank Street, Ottawa, Ontario K1T 1N2 · Get directions