$829,900
1402 Cheverny Crescent
Fallingbrook/Ridgemount, Ottawa
- 4 bd
- 3 ba
- House
1 / 13
$550,000
Fallingbrook/Ridgemount, Ottawa, ON K4A0Z5 · MLS® X13845890
DEVELOPMENT / REDEVELOPMENT OPPORTUNITY ON ST. JOSEPH BLVD! Approx. 13,920 sq. ft. lot with approximately 87' frontage 160' depth, ideally positioned along the St. Joseph Boulevard corridor in Orléans. The City has identified the corridor for long-term revitalization and intensification, offering an opportunity for developers and investors to explore future redevelopment potential, subject to approvals and due diligence.Currently improved with a detached dwelling, the property features mature trees and elevated topography. R1HH zoning. Excellent opportunity to secure a sizable parcel on a rapidly evolving east-end corridor. (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 Re/Max Hallmark Realty Group.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.