$1,299,900
2077 Palmer Avenue
Alta Vista/Faircrest Heights, Ottawa
- 4 bd
- 4 ba
- House
1 / 24
$625,000
Faircrest Heights, Ottawa, ON K1H5G2 · MLS® X14168086
Situated in the highly desirable neighbourhood of Faircrest Heights in Alta Vista, this property presents an exciting opportunity for builders, investors, renovators, or buyers looking to create their dream home. Set on an impressive 100 x 70 ft lot and surrounded by established homes, the property offers plenty of possibilities to explore. Whether you envision renovating and reimagining the existing home, undertaking a complete transformation, or designing and building something entirely new, the opportunity is yours to make it your own. Enjoy a prime location close to hospitals, schools, shopping, public transit and everyday amenities. Buyers are responsible for conducting their own due diligence regarding zoning, permitted uses, renovation and development potential, and applicable building requirements. A fantastic opportunity to secure a property in one of Ottawa's established and desirable neighbourhoods! (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 Royal Lepage Performance Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.