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289 JOFFRE-BELANGER Way, Ottawa, ON 2 photos

$949,900

Active
289 JOFFRE-BELANGER Way, Ottawa, ON· Vanier
4876
Sq Ft

About this Property

  • Just minutes from downtown, schools, parks, and shopping, this project offers excellent rental or resale potential

DEVELOPERS WELCOME! Prime Infill Development Opportunity! Rarely offered, this centrally located lot is permit-ready with approvals in place for a 3-storey + lower level, 10-unit building plus a demolition permit. The thoughtfully designed site plan features five 2-bedroom units, four 1-bedroom units, and one 3-bedroom unit, catering to a wide range of housing needs. Every unit on the 2nd and 3rd floors includes a private balcony, enhancing livability and rental appeal. Zoned R4E, the property is perfectly aligned with strong local demand for multi-unit housing and city-supported intensification initiatives. Just minutes from downtown, schools, parks, and shopping, this project offers excellent rental or resale potential. Floor plans are attached to the listing for review. Building permit plans available with accepted offer.

Listed by AVENUE NORTH REALTY INC. · MLS# X12483702

Features & Details

Property details of 289 JOFFRE-BELANGER Way, Ottawa, ON

Property TypeLand
StyleDesignated
Size4876 sq ft

Mortgage Calculator

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%
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Mortgage Payment$4,667/monthly
Principal54%
Interest46%
Principal Amount$759,920
Interest$640,052
Total Payable$1,399,972
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$4,667
Mortgage + Expenses$4,667
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$
$
$
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Monthly Cash Flow-$4,667

* Estimate only. Consult a mortgage broker for accurate figures.

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Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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