oreb/IMG-1409881_1.jpg
110 days on Market

212 CAMBRIDGE St, Ottawa, Ontario K1R 7A9

Detached
3
1
- sqft
$899,900
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Detached
3
1
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$3,865/mo

Tax Amount (2023)$5,673/yr

Days On Market110 days


Description

This is PRIME RE-DEVELOPMENT LAND. With a zoning of R4UB and the lot dimensions of 32.95ft x 98.78ft. A smart investor with good vision can definitely redevelop the property to its maximum best use. Based on the zoning uses, this property can conform to a low rise development project with a maximum of 8 units. This will be a fantastic project in the heart of Centretown where walkability, accessibility to Little Italy, Chinatown and all the downtown has to offer are here for you to discover. This 3 bedroom 1 bathroom home is somewhat dated but structurally sound, it can be livable with a little bit of effort and elbow grease. Live in it, or keep it rented until you are ready to develop. The potential is there, do you have the ambition to strive for it? The property is being sold as-is. The property is easy to access, just go and show.


Property Details

Style2 Storey
View-
Age of property1900
SqFt-
Lot Size302 SqM(30.11 x 10.04)
Parking Spaces3
MLS ®Number1409881
Community NameWest Centertown
Data SourceOREB
Listing bySUTTON GROUP - OTTAWA REALTY

Features

Heating: Forced Air
Cooling: Central Air Conditioning
Basement: Full, Unfinished

Main Floor

Foyer

5'11" x 8'6"

Living Rm

10'3" x 11'6"

Dining Rm

10'6" x 11'7"

Kitchen

11'8" x 15'10"


Features

Lot size: 302 SqM

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property listed by SUTTON GROUP - OTTAWA REALTY, Brokerage

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Population and Demographics

Overview

Total population 11252
Average household income $134,175

Age (%)

20 to 34
33%
35 to 49
21%
50 to 64
17%
65 and plus
15%
0 to 19
14%

Household composition (%)

Single person
50%
Single family
41%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
72%
French
10%
English and French
3%
Yue (Cantonese)
3%
Mandarin
2%
Vietnamese
2%
Spanish
2%
Arabic
2%
Italian
2%
Others
0%

House tenancy (%)

Renters
67%
Owners
33%

Schools and amenities

Estimated Budget