Positioned in an established neighborhood with strong rental appeal, this residential lot presents an excellent opportunity for multiplex development or a purpose-built income property. Located near schools, downtown services, and key commuter routes to Ottawa, Montreal, and the U.S., the area supports consistent tenant demand and long-term appreciation. Full municipal services (water, sewer, storm) are available at the street. Minor variance required due to lot size - buyers to verify zoning, density allowances, parking requirements, and approval process with the municipality. Whether you're building a duplex, triplex, or small multi-unit configuration (subject to approvals), this property offers the chance to create long-term cash flow in a supply-constrained market. Taxes to be reassessed once developed. (id:28469)
Facts & features
Property
MLS® Number
X12549750
Property Type
Vacant Land
Community Name
612 - Hawkesbury
Amenities Near By
Golf Nearby, Hospital, Schools
Communication Type
High Speed Internet
Features
Flat Site, Dry
Parking
No Garage
—
Land
Acreage
No
Land Amenities
Golf Nearby, Hospital, Schools
Size Depth
115 Ft
Size Frontage
41 Ft ,6 In
Size Irregular
41.5 X 115.03 Ft ; 0
Size Total Text
41.5 X 115.03 Ft ; 0|under 1/2 Acre
Zoning Description
R2
Utilities
Cable
Available
Electricity
Available
Natural Gas Available
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
$463/mo
Ontario land transfer tax
$770 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $770 back on land transfer tax.