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52 & 50 Stonehurst Avenue W
homes for sale · Ottawa · Mechanicsville
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$2,499,000

52 & 50 Stonehurst Avenue W

Mechanicsville, Ottawa · MLS® X14090066

Land · Vacant Land · 7 days on market

listed by David Armstrong, CENTURY 21 SYNERGY REALTY INC.

realtor's description

Exceptional Development Opportunity in Mechanicsville! An outstanding opportunity to acquire two development lots in Ottawa's highly desirable Mechanicsville neighbourhood, offering a combined lot area of 9,830.03 sq. ft. with dimensions of approximately 100.32' x 98.12'. Ideally positioned overlooking Laroche Park, this property offers an attractive setting in a vibrant, established urban community. Zoned N5B[2019] H(19), the property permits a wide variety of potential development possibilities, including low-rise apartments, multiple-unit townhouses and other residential configurations, subject to applicable zoning provisions, approvals and due diligence. Enjoy exceptional connectivity with Tunney's Pasture LRT station approximately 850 metres away and Bayview LRT station approximately 900 metres away. Restaurants, cafés, shops and everyday amenities along Wellington Street are an easy walk away. With its generous combined lot size, park-side setting, transit accessibility and proximity to established neighbourhood amenities, this is a compelling opportunity for builders, developers and investors seeking to explore the potential of an increasingly desirable urban location. Two lots offered together, presenting exciting possibilities for future residential development. Note the house at 52 Stonehurst Ave was rented until Oct 2026 - potential income while waiting for permits (does need work)

property details

type
Land, Vacant Land
parking
0
property tax
$13,853 / yr
days on market
7
MLS®
X14090066

monthly cost

$12,042/mo
Mortgage $10,888 · Tax $1,154

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

estimated payment
$10,888/ monthly
loan $1,999,200
25-year amortization
total interest
$1,267,171
cash to close
$499,800
down payment; transfer tax and fees not included
total paid
$3,266,371

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

location

Mechanicsville, OttawaGoogle Maps ↗

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listed by
David Armstrong
CENTURY 21 SYNERGY REALTY INC.
call David · 613-867-9921
Powered by: REALTOR.ca

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location

Mechanicsville, OttawaGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

nothing comparable on the market right now.