$799,900

Multiplex

479 Newman Avenue, Ottawa, ON

1 DAY
2+1
2
1
700-1100
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Listed by RE/MAX HALLMARK REALTY GROUP

Property Highlights

Garage

1 space

Property Tax

$4,157/yr

Lot Size

5,571 sqft

Style

Bungalow

Basement

Full, Finished

Monthly Cost

$3,724/mo

About This Home

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.

Monthly Cost

Monthly Mortgage$3,378
Property Tax ($4,157/yr)$346
Total$3,724

Price & Listing History

Schools

Location

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Rooms

Main Level

Kitchen: 3.35m × 2.43m
Primary Bedroom: 4.41m × 2.89m
Living Room: 4.26m × 4.11m
Bathroom: 0.0 × 0.0
Dining Room: 4.11m × 2.43m
Bedroom 2: 3.35m × 3.04m

Lower Level

Other: 2.13m × 1.82m
Bedroom 3: 3.20m × 2.89m
Utility Room: 4.11m × 2.89m
Laundry: 3.81m × 2.89m
Recreation: 6.09m × 3.35m
Bathroom: 0.0 × 0.0

Listing Presented By

iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage