$1,299,900
2077 Palmer Avenue
Alta Vista/Faircrest Heights, Ottawa
- 4 bd
- 4 ba
- House
1 / 6
$799,900
Faircrest Heights, Ottawa, ON K1H5K9 · MLS® X13814066
Attention builders, developers, and investors! An exceptional opportunity awaits at 140 Billings Avenue, ideally situated in the highly sought-after Faircrest Heights neighbourhood of Alta Vista. Set on an impressive 66' x 130' lot, this property offers a rare opportunity in an extraordinarily desirable central Ottawa location, within walking distance of the Ottawa Hospital General Campus, CHEO, and close to schools, parks, transit and everyday amenities. The property is zoned N3D under the City of Ottawa's new Zoning By-law 2026-50. Property is being sold "as is, where is" and the seller makes no warranty on permissible future uses of the property. The listing agent has a preliminary site study prepared by "RJH Architecture and Planning" on file. Lot lines shown on aerial photographs are approximate. (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 Performance Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.