All Listings
479 Newman Avenue, Ottawa, ON 16 photos

$799,900

Active
479 Newman Avenue, Ottawa, ON· Overbrook/Castle Heights
2+1
Bedrooms
2
Bathrooms
700-1100
Sq Ft
4 (Carport)
Parking

About this Property

  • The existing 2+1 bedroom home with two full bathrooms and a finished basement is being sold strictly for land value

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.

Listed by RE/MAX HALLMARK REALTY GROUP · MLS# X12930310

Features & Details

Property details of 479 Newman Avenue, Ottawa, ON

Property TypeMultiplex
StyleBungalow
Size700-1100 sq ft
BasementFull, Finished
Total Parking4

Mortgage Calculator

$
%
$
Mortgage Payment$3,930/monthly
Principal54%
Interest46%
Principal Amount$639,920
Interest$538,981
Total Payable$1,178,901
Amortization25 years

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

Cash Flow Analysis

Mortgage payment$3,930
Mortgage + Expenses$3,930
$
$
$
$
$
Monthly Cash Flow-$3,930

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

Book a Viewing

Request a Tour

Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

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

Similar Properties

Properties near 479 Newman Avenue, Ottawa, ON

$799,900

479 Newman Avenue, Ottawa, ON

Chat with Akash