$369,900

Lot 119 Kitchener Avenue

Ellwood, Ottawa, ON K1V6W5 · MLS® X13844020

About this property

A fantastic opportunity to develop this residential building lot just south Bank St and Walkey Road. Nestled in a mature residential neighbourhood, this location offers no rear neighbours, walking distance to an elementary school, public pool and tons of shopping. The adjacent lot is also for sale, why not build two homes instead of one! A permitted demolition has taken place and the home that was there has been removed. Services have been capped off for this lot, a water deposit is currently being held, and will be released with a building permit. (id:65933)

Type
Vacant Land
Category
Vacant Land
Annual taxes
$4,074
Updated
Sep 30, 2026

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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.

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