$1,499,999
11 Third Avenue
Glebe, Ottawa
- 3 bd
- 3 ba
- Row / Townhouse
$775,000
Glebe, Ottawa, ON K1S2R3 · MLS® X13752632
An exceptional development opportunity in a prime location just steps from the Rideau Canal, Dow's Lake, Carleton University and convenient public transit. This approximately 40 x 90 ft lot offers N4B[1474] H(11) zoning and excellent potential in one of Ottawa's most desirable and well-connected neighbourhoods. A rare opportunity for builders, developers or investors looking to secure a well-located urban lot with strong redevelopment potential. Seller will remove the current structure. (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 Royal Lepage Integrity Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.