$879,000
964 Acoustic Way
Riverside South/Gloucester Glen, Ottawa
- 4 bd
- 4 ba
- Row / Townhouse
1 / 15
$650,000
Riverside South/Gloucester Glen, Ottawa, ON K1V1H4 · MLS® X14084770
Room to GROW, right where the city meets the water! This EXPANSIVE 100 x 710 FOOT LOT delivers wide open land with everyday convenience at your doorstep, just 4 minutes to the LRT and Riverside South Town Centre, 10 minutes to YOW airport, and a SHORT STROLL to the Rideau River. A prime opportunity for investors, developers, and builders with a bold vision. The lot includes 3 SOLID BUILDINGS: a main house with 2 bedrooms, 1 full bath, an open concept kitchen and living room, and a loft space for storage or flex use, a heated workshop with GOOD ceiling height, and a LARGE barn with a second floor that was once an office. Currently used for storage, the barn could be restored as a workshop, multi-purpose space, or reception area, depending on your plans. With DR zoning and over 700 FEET of depth, there are options for development, redevelopment, or rezoning. Offered AS-IS, WHERE-IS. (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 Exp Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.