479 NEWMAN AVENUE
Ottawa, Ontario
MLS® X13614666
$778,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13614666
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- —
1 / 17Listing description
Development opportunity on a premium 55. 71 ft x 100 ft lot located on a quiet cul-de-sac in the desirable Overbrook neighbourhood. Rare chance to acquire a well-sized lot in an established area experiencing ongoing redevelopment and strong growth.
The existing 2+1 bedroom home with two full bathrooms and a finished basement is being sold strictly for land value. The property presents an excellent opportunity for redevelopment or a custom build in a neighbourhood seeing increasing new construction and investment (buyer to perform their own due diligence). Ideally situated in a location offering quick access to downtown Ottawa, the Rideau River, scenic walking and cycling pathways, parks, and green space.
Close proximity to the University of Ottawa, St. Laurent Shopping Centre, schools, public transit, and Highway 417 adds to the strong redevelopment appeal of this central location. Property being sold in "as is, where is" condition.
The seller makes no representations or warranties.
Property summary
- MLS® number
- X13614666
- Property type
- Multi-family
- Building type
- Other
- Land size
- 55.7 x 100 FT
- Annual property taxes
- $4,157.45
- Parking
- 4 spaces · Carport, No Garage
- Days on market
- 51 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Finished, Full
- Appliances
- Refrigerator, Stove, Hood Fan
- Lot features
- Lane
- Architectural style
- Bungalow
What would this home cost you?
Based on the $778,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX HALLMARK REALTY GROUP, OTTAWA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.