$805,900
1898 Springridge Drive
Springridge/East Village, Ottawa
- 2 bd
- 2 ba
- House
1 / 6
$1,699,000
1016 Old Montreal Road
Springridge/East Village, Ottawa, ON K4A3N2 · MLS® X12748760
About this property
Opportunity alert for developers and investors, don't miss out on this lucrative prospect! A proposed 2x24 units.Discover this spacious 3 bedroom bungalow situated on a 1.411-acre lot (119.70' frontage x 528.59' depth) in the heart of Orléans on Old Montreal Road. Located on the south end of the desirable Spring Ridge neighbourhood, the property is just a short walk to the Light Rail Transit at Trim Road. It borders newer residential developments and sits directly across from planned commercial amenities including shops and restaurants. A fantastic opportunity for development in a thriving area. 24-hour irrevocable on all offers (id:65933)
- Type
- Vacant Land
- Category
- Vacant Land
- Annual taxes
- $7,081
- Updated
- May 27, 2026
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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.
Listed by Royal Lepage Performance Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.
