$949,900
1136 Deer Park Road
City View/Skyline/Fisher Heights/Parkwood Hills, Ottawa
- 8 bd
- 4 ba
- House
1 / 24
$775,000
City View/Skyline/Fisher Heights/Parkwood Hills, Ottawa, ON K2E6B8 · MLS® X13795406
12 - UNIT DEVELOPMENT OPPORTUNITY on a 75' x 100' corner lot in established Fisher Heights. Located at 11 Hilliard Avenue, the property is zoned N3D, offering potential for low-rise residential development, including missing-middle housing. The generous lot size and corner location provide added flexibility when considering future design and development options.A preliminary Planning and Development Feasibility Memorandum prepared by Novatech is available upon request and outlines the site's planning context and redevelopment potential. Conveniently located just off Baseline Road, with easy access to transit, shopping, parks and everyday amenities, as well as Carleton University and Algonquin College. A strong opportunity for builders and developers looking for a well-located infill site in a mature, centrally located neighbourhood. (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 Engel & Volkers Ottawa.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.