$849,000
69 Prince Albert Street
Overbrook/Castle Heights, Ottawa
- 4 bd
- 4 ba
- House
1 / 16
$999,900
280 Presland Road
Overbrook/Castle Heights, Ottawa, ON K1K2B8 · MLS® X12578916
- 2Bedrooms
- 1Bathrooms
- 4Parking
About this property
DEVELOPMENT OPPORTUNITY! A prime urban site for builders, investors or developers seeking a well-located property with significant future potential. Current zoning allows for 10+ units, with the possibility to apply for additional density of up to 18 units - or, alternatively, build 10 units without requiring further site plan approval. Just five minutes from downtown Ottawa, this property offers excellent connectivity and everyday convenience in one of the best locations in the city! The LRT, VIA Rail, St. Laurent Shopping Centre, transit routes, parks and a wide range of amenities are all within walking distance. With quick access to Hwy 417 - only one exit from the downtown core - this location is ideal for multi-residential development or future redevelopment. A rare opportunity to secure land in a rapidly evolving part of the city. Property sold as-is, where-is. (id:65933)
- Type
- House
- Category
- Single Family
- Annual taxes
- $5,029
- Updated
- Sep 25, 2026
Run the numbers
A quick investor's view. Change any figure; we'll do the full analysis with you.
Mortgage / mo–
Property tax / mo–
Net operating income / yr–
Cash flow / mo–
Cap rate–
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.
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.
