$550,000
1273 Thames Street
Carlington, Ottawa
- 3 bd
- 2 ba
- House
1 / 9
$11,500,000
Carlington, Ottawa, ON K1Z7K8 · MLS® X14098944
Site plan-approved 24-storey mixed-use redevelopment opportunity featuring 175 residential units, ground-floor commercial space, a five-storey podium and underground parking. Situated on a 0.49-acre corner lot at Carling Avenue and Archibald Street, the property offers approximately 130 feet of Carling Avenue frontage directly across from Westgate Shopping Centre. Located within an established residential, commercial and healthcare corridor, the site provides developers with a defined high-rise development opportunity in Ottawa's evolving Carling Avenue corridor. Seller is open to a Vendor Take Back pending terms. ADDITIONAL DETAILS FOUND IN "MORE INFORMATION" LINK BELOW. (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.