$360,000
501 - 1025 Richmond Road
Woodroffe, Ottawa
- 3 bd
- 2 ba
- Condo apartment
1 / 7
$579,900
Woodroffe, Ottawa, ON K2B5K1 · MLS® X13639872
3 bdrm character Bungalow WITH DEVELOPMENT POTENTIAL on prime lot walking distance to Carlingwood Mall, New O Train Station, Lincoln Heights and Ottawa River waterfront. Wood floors, Sunroom extension, detached garage and fin basement. Upgrades include roof 2013, Windows 2013 and 2019,b athrm 2022, and refinished flrs 2022.Home presently rented. New enhanced zoning in place for mutli fam development. (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.
Listed by Coldwell Banker Sarazen Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.