$550,000
1866 Rosebella Avenue
Blossom Park/Leitrim, Ottawa
- 3 bd
- 1 ba
- House
$900,000
Blossom Park/Leitrim, Ottawa, ON K1T1N2 · MLS® X14118428
Development opportunity at 2831 Bank Street! This approximately 10,430 sq. ft. corner lot offers excellent exposure along a major Ottawa corridor. With new N4B zoning, the property presents exciting redevelopment potential, while the corner configuration provides added street frontage and flexibility for future site planning. The existing house is currently rented, providing rental income while you develop your plans and pursue approvals. A great opportunity for builders, developers and investors. (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 Sarazen Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.