$1,075,000
673 Willowmere Way
Blossom Park/Kemp Park/Findlay Creek, Ottawa
- 4 bd
- 4 ba
- House
1 / 18
$1,400,000
Blossom Park/Kemp Park/Findlay Creek, Ottawa, ON K1T3W8 · MLS® X13656744
Exceptional redevelopment opportunity on Bank Street offering a rare chance to secure a high visibility land holding in one of Ottawa's evolving corridors. This vacant parcel presents outstanding potential for future residential, strategic development opportunities and the option for severance subject to buyer due diligence and municipal approvals. Positioned along a major arterial route with strong accessibility and exposure to Findlay Creek and South Keys, the site offers flexibility for investors, builders, and developers seeking a location with long term growth potential. Convenient access to surrounding amenities, transportation corridors, and established communities makes this an attractive acquisition for future redevelopment. Buyer to complete their own investigations regarding zoning, servicing, permitted uses, and development feasibility. (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 Re/Max Absolute Walker Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.