$1,324,800
179-181 Goulburn Avenue
Sandy Hill, Ottawa
- 10 bd
- 3 ba
- House
1 / 24
$625,000
Sandy Hill, Ottawa, ON K1N7V1 · MLS® X13843688
Development or renovation opportunity in the heart of Sandy Hill. Zoned N4B [480], this property offers exceptional potential in one of Ottawa's most established urban, family friendly and university focused neighbourhoods. Ideally situated directly across from Annie Pootoogook Park, residents will enjoy immediate access to expansive green space, playground, seasonal outdoor rink, and community offerings at the Sandy Hill Community Centre, creating an attractive setting for future residential development or expansion of the existing property. Lot size of 35.5 feet x 88 feet currently comprises bungalow and garage measuring approximately 25' 10" x 13' 5", which was built approximately 15 years ago. Conveniently positioned just steps from the University of Ottawa's campus, this property benefits from strong demand drivers and proximity to academic facilities, transit including convenient access to 417 and approximately 700 m to LRT station, restaurants, cafés, shopping, and downtown employment centres. Whether envisioned as a boutique residential project or a strategic long-term investment, this is an opportunity to secure a prime development site in a vibrant, amenity-rich neighbourhood with strong rental demand. All offers to contain minimum 24 hour irrevocable. (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 Coldwell Banker Rhodes & Company.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.