$599,000
7020 Fallowfield Road
Btwn Franktown Rd. & Fallowfield Rd., Ottawa
- Vacant Land
1 / 24
$424,900
Fallowfield, Ottawa, ON K2R1E4 · MLS® X12338615
ATTENTION DEVELOPERS AND CUSTOM HOME BUILDERS! Presenting an exceptional 1 acre of Village 1J land, offering a variety of development possibilities. This is the perfect site to build your dream home, or perhaps even a custom home with a coach house for multi-generational living or additional rental income. The flat lot is surrounded by mature trees, providing both privacy and natural beauty. Located in an exceptional area, it offers immediate proximity to the protected Rideau Trail, as well as all modern amenities. Enjoy the convenience of being just moments away from access to Highway 417. Gas connection is available at the street, and high-speed internet is ready to connect. Don't miss this unique opportunity to create the home you've always envisioned in an unbeatable location! VTB would be considered for qualified buyers. (id:65933)
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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025. Property tax assumed at 1% of price.
Listed by Exp Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.