Overbrook - Castleheights and Area, ON K1K 1S4
Attention DEVELOPERS and BUILDERS! Rare opportunity to acquire a 50 FT FRONTAGE x 104 ft depth lot (5,200 sq ft) in Ottawa's rapidly intensifying Overbrook neighbourhood. 209 Glynn Avenue is situated on a quiet residential street with strong access to the Rideau River, LRT, highway and downtown core. The lot is zoned R3 allowing for a range of low-rise residential intensification uses including low-rise multi-unit development (triplex/fourplex), townhouses, semi-detached or severance potential (subject to city approvals). The existing structure is being sold as-is, where-is (no warranties), with primary value in land and redevelopment potential. The area is surrounded by ongoing infill activity and strong rental demand. Buyer to perform due diligence on zoning, permitted uses, setbacks, and development options. 24 hour irrevocable required on offers.
TRREB MLS® Attribution
MLS® X13096218
Listed by REMAX BOARDWALK REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
asking price
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$2,564
/month · $420,000 mortgage
Amortization
Total Interest
$349,093
Total Cost
$769,093
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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REMAX BOARDWALK REALTY