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1 Caroline Avenue, Ottawa, ON 11 photos

$650,000

Active
1 Caroline Avenue, Ottawa, ON· Ottawa West
2
Bedrooms
1
Bathrooms
700-1100
Sq Ft
3
Detached Parking

About this Property

  • Parking remains fully accessible for future residents, while the LRT next door is a genuine lifestyle advantage

PRIME DEVELOPMENT SITE in the heart of Wellington West, positioned on a prominent corner lot directly across from Tunney's Pasture and its LRT Station. Zoned N4B H(11) under Ottawa's new Zoning By-law, this property permits up to 6+ residential units across three storeys with NO prescribed unit cap, making it one of the most compelling infill opportunities on this corridor. Surrounded by active redevelopment, the site offers exceptional visibility and a straightforward path to permit. Investors and builders will appreciate the corner exposure, generous lot dimensions, and a transit connection that puts the entire city within minutes. Parking remains fully accessible for future residents, while the LRT next door is a genuine lifestyle advantage. Steps to Wellington West's celebrated cafés, restaurants, and boutiques, a short distance to the Civic Hospital campus, and direct access to Ottawa River pathways for cyclists and pedestrians. Development sites combining this level of location, transit access, and zoning flexibility rarely come available in this neighbourhood. Buyer to verify zoning and permitted uses with the City of Ottawa.

Listed by ENGEL & VOLKERS OTTAWA · MLS# X13196476

Features & Details

Property details of 1 Caroline Avenue, Ottawa, ON

Property TypeDetached
StyleBungalow
Size700-1100 sq ft
BasementUnfinished
Total Parking3

Mortgage Calculator

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Mortgage Payment$3,193/monthly
Principal54%
Interest46%
Principal Amount$520,000
Interest$437,976
Total Payable$957,976
Amortization25 years

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

Cash Flow Analysis

Mortgage payment$3,193
Mortgage + Expenses$3,193
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$
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Monthly Cash Flow-$3,193

* 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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