$360,000
501 - 1025 Richmond Road
Woodroffe, Ottawa
- 3 bd
- 2 ba
- Condo apartment
1 / 19
$938,000
Woodroffe, Ottawa, ON K2B5B6 · MLS® X13788426
An exceptional opportunity in Ottawa's desirable west-end. Set on an expansive approximately 15,000 sq ft irregular lot in the sought after Woodroffe/Carlingwood area, 429 Ancaster Avenue offers outstanding potential for homeowners, investors and developers alike. The existing two-storey home provides over 3200 square feet of above grade living space, featuring 4 generous bedrooms, 4 bathrooms, an oversized finished basement area complete with kitchenette and convenient walkout access. Move in, update to suit your style, rent for additional income or explore the property's future development potential. Surrounded by established homes and new construction, this large parcel offers a rare opportunity in a mature, evolving neighborhood. Ideally located within walking distance of Carlingwood and Woodroffe Avenues. Enjoy nearby bike paths, green space and the Ottawa River. ** A rare combination of space, location and future potential now offered at an exceptional value ** (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.