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215 Desrosiers Street
homes for sale · Ottawa · Vanier
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$399,000

215 Desrosiers Street

Vanier, Ottawa · MLS® X13821474

326

House · Single Family · 31 days on market

listed by Jun Yu, COLDWELL BANKER SARAZEN REALTY

realtor's description

Prime Development Opportunity Under Ottawa's New Zoning Rules! Unlock the immense potential of this 33 x 99 ft lot, perfectly positioned in one of Ottawa's most rapidly revitalizing and dynamic neighbourhoods. With Ottawa's latest Official Plan and zoning updates highly encouraging "missing middle" housing, this new N4B H(11)-zoned (Zoning source from GeoOttawa) property offers an unprecedented opportunity to build maximum-density multi-unit residential developments. Envision a highly lucrative 4-plex, multi-unit stacked townhomes, or a small low-rise apartment building, taking full advantage of relaxed parking minimums to maximize your building footprint and ROI. Ideally located just minutes to downtown and steps to the paths along the riverfront, this location offers exceptional daily convenience. Daily essentials and amenities including Green Fresh Supermarket, Loblaws, and Tim Hortons are all within walking distance. This property seamlessly blends urban convenience with natural charm, guaranteeing strong appeal to premium tenants. A rare find for forward-thinking developers or investors looking to capitalize on a neighbourhood on the rise. The property is currently connected to water, electricity, and natural gas services, offering added convenience for your development or renovation plans. Buyers to perform their own due diligence regarding new zoning capabilities. Property sold in "as is, where is" condition, strictly for land value. Act now to secure this high-upside investment!

property details

type
House, Single Family
bedrooms
3
bathrooms
2
parking
6
property tax
$3,764 / yr
days on market
31
MLS®
X13821474

monthly cost

$2,052/mo
Mortgage $1,738 · Tax $314

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$1,738/ monthly
loan $319,200
25-year amortization
total interest
$202,321
cash to close
$79,800
down payment; transfer tax and fees not included
total paid
$521,521

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Vanier, OttawaGoogle Maps ↗

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listed by
Jun Yu
COLDWELL BANKER SARAZEN REALTY
call Jun · 613-850-8888
Powered by: REALTOR.ca

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location

Vanier, OttawaGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

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