Unknown for 479 Newman Ave, Ottawa Ontario K1K 1N8
5 days on Market

479 Newman Ave, Ottawa, Ontario K1K 1N8

Townhouse
2 + 1
2
~700-1100 sqft
$799,900
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Townhouse
2 + 1
2
~700-1100 sqft

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Highlights

Property Estimate

Days on market5 days

Estimated valueNot available

Price/Sqft$935/sqft

Monthly cost

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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 Details

StyleBungalow
View-
Age of property-
SqFt~700-1100 SqFt
Lot Size5,571 SqFt(100 x 55.71)
Parking Spaces4
MLS ®NumberX12930310
Community NameOverbrook - McArthur
Data SourceTRREB
Listing byRE/MAX HALLMARK REALTY GROUP

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full, Finished

Lower Floor

Utility

4.11 x 2.89

Other

2.13 x 1.82

Rec

6.09 x 3.35

3rd Br

3.2 x 2.89


Features

Lot size: 5,571 SqFt

Parking

Garage spaces 1

Garage type Carport

Other parking spaces 3

Total parking spaces 4


Property listed by RE/MAX HALLMARK REALTY GROUP, Brokerage
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Population and Demographics

Overview

Total population 13803
Average household income $103,802

Age (%)

0 to 19
21%
20 to 34
24%
35 to 49
18%
50 to 64
20%
65 and plus
17%

Household composition (%)

Single family
48%
Single person
43%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
50%
French
27%
Arabic
8%
English and French
3%
Others
2%
Somali
2%
Spanish
2%
French and non-official language(s)
2%
Haitian Creole
1%

House tenancy (%)

Renters
71%
Owners
29%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget