$519,000

50 Lotta Avenue

Meadowlands/St. Claire Gardens, Ottawa, ON K2G6B5 · MLS® X13467178

About this property

Fantastic opportunity to build in a sought-after neighborhood! This 50 x 90 foot severed lot is surrounded by quality infill development, including a beautiful newly built home next door. Currently zoned R1FF with proposed N3D zoning offering exciting future development potential. Conveniently located close to parks, schools, shopping, transit, Algonquin College and Highway 417. A rare chance to secure a premium building lot in an established area experiencing strong redevelopment and growth ** City council recently approved development charges by 54%** Buyer to verify all zoning development possibilities (id:65933)

Type
Vacant Land
Category
Vacant Land
Updated
Aug 18, 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. Property tax assumed at 1% of price.

Listed by Royal Lepage Team Realty.

Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.

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