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Renanza Realty
For sale

551 EDISON AVENUE

Ottawa, Ontario

MLS® X13410612

$699,000

Status
Active
Property type
Vacant land
MLS® number
X13410612
Bedrooms
—
Bathrooms
0
Year built
—

Listing description

(Intro) Corner lot with existing foundation in the heart of Westboro - one of Ottawa's most in-demand urban neighbourhoods. The site occupies a corner position at Edison Ave & Princeton Ave, offering east-facing frontage & strong visibility in a community with consistent builder demand. Zoned R4UA.

Buyers are encouraged to verify all permitted uses & development options with the City of Ottawa before preparing any offer. (The Lot) 2,759. 97 sq ft of irregular corner land.

Lot dimensions: 65. 88'x40. 15'x13.

96'x56. 08'x50. 04' - a workable footprint for a custom build or multi-unit project, subject to applicable approvals.

All utilities available at the lot: gas, hydro, cable & telephone. Corner lots offer added frontage & flexibility that mid-block sites don't - worth factoring into any design review. Immediate possession.

(Foundation) Existing foundation in place. Prior architectural plans were prepared for a proposed 3-storey luxury residence of approx. 2,400 sq ft above grade - Seller makes no representations or warranties regarding those plans, approvals, zoning, permits, or specifications.

Sold as vacant land with existing foundation only. Buyers to conduct their own due diligence & rely on their own consultants. 1-yr vendor financing available at 5.

49% w/ 25% down, 730+ credit, no income verification required - terms apply. (Location) Westboro is consistently ranked among Ottawa's most walkable urban communities. Richmond Rd runs nearby with a dense strip of independent restaurants, cafes & boutiques.

Westboro Beach & the NCC Ottawa River Pathway are within walking distance. Parks include Roy Duncan Park, Lions Park & Westboro Kiwanis Park. Schools across public & Catholic boards in the immediate area.

O-Train Confederation Line (Westboro Station) - downtown Ottawa under 15 min by transit. Hwy 417 is minutes south - downtown by car in under 10 min, Ottawa International Airport approx. 20 min.

Property summary

MLS® number
X13410612
Property type
Vacant Land
Land size
53.28 FT ; 65.88'x40.15'x13.96'x56.08'x50.04'
Days on market
121 days

Features & details

Lot features
Irregular lot size

What would this home cost you?

Based on the $699,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,252 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of CITYSCAPE REAL ESTATE LTD., MISSISSAUGA.

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.