Multi-unit
$669,900
235 Jeanne Mance Street
Vanier, Ottawa
- 4 bd
- 3 ba
- Triplex
1 / 14
$1,095,000
Vanier, Ottawa, ON K1L8A5 · MLS® X13778520
RARE DOUBLE-LOT DEVELOPMENT SITE IN BEECHWOOD VILLAGE!Landmark infill acquisition opportunity positioned just off Beechwood Avenue. This expansive 66' x 100' double parcel represents one of the premier residential build sites in Vanier North/Beechwood Village. Benefiting from the City of Ottawa N4B H(11) zoning, the site supports an 11-metre (3-storey) maximum height profile, creating a streamlined, as-of-right path for an 8 to 12 unit multi-unit residential project. Outstanding street-level orientation with open corridor views and an exceptional walkability score, steps to grocery, artisanal bakeries, boutique shops, dining, and parks, plus a short, seamless commute to downtown Ottawa and Parliament Hill. Sold strictly for land assembly and redevelopment value. An essential acquisition for multi-family builders looking for a clean, high-density site in a proven urban growth market. (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 Team Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.