Rare inner-city infill opportunity on one of McKellar Heights' most coveted streets. 832 Rex Avenue offers a 62.5 ft 117 ft regular lot (7,312.5 sq ft) with N3B zoning under Ottawa's new By-law 2026-50, permitting low-rise residential intensification up to 5 storeys as-of-right. The 62.5 ft frontage accommodates a range of development forms including stacked townhomes, a low-rise apartment building, or purpose-built rental. Comparable inner-city infill vacant land in Ottawa's inner core currently trades at $150-$250/sq ft, placing the implied land value of this lot at $1.1M-$1.8M. At $740,000, the acquisition represents a significant discount to raw land value, reflecting the existing structure and associated carrying costs. The existing 1956 bungalow is a demo or gut-reno candidate. Property sold as-is . Possession flexible. Steps to JCC, Altea Fitness, Evergreen Park, Dovercourt, transit, Ottawa Hospital, and Westboro Village. Broadview PS and Nepean HS catchment. (id:28469)
Facts & features
Property
MLS® Number
X13454626
Property Type
Vacant Land
Neighbourhood
McKellar Heights
Community Name
5202 - McKellar Heights
Equipment Type
Water Heater
Parking Space Total
10
Rental Equipment Type
Water Heater
Building
Bathroom Total
1
Size Interior
7,312 Sqft
Utility Water
Municipal Water
Land
Acreage
No
Size Depth
117 Ft
Size Frontage
62 Ft ,6 In
Size Irregular
62.5 X 117 Ft
Size Total Text
62.5 X 117 Ft
Zoning Description
R10
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.