$360,000
501 - 1025 Richmond Road
Woodroffe, Ottawa
- 3 bd
- 2 ba
- Condo apartment
$650,000
Woodroffe, Ottawa, ON K2B5A6 · MLS® X13884526
INVESTORS! BUYERS! LAND ONLY SALE - centrally located in Carling/Woodroffe, this property is ideal for a new detached home, town or low rise building. 5000 Sq Ft, corner lot. Location offers excellent proximity to shopping, transit, schools, 417/parkway, etc. Building is included "as is as at", and is currently occupied by Owner. Please do not walk property without a confirmed appointment through LA/Brokerage. Curious? Drive through neighborhood to see what others have built! Neighborhood/Area is under extensive development resulting in this valuable investment opportunity. Closing date flexible (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 First Ottawa Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.