$389,900
109 - 1350 Bakker Court
Convent Glen South, Ottawa
- 3 bd
- 2 ba
- Row / Townhouse
1 / 7
$849,000
Convent Glen South, Ottawa, ON K1C1L1 · MLS® X14172706
Build up in Orléans. Investors, developers and builders: 1128 Maisonneuve offers a 7,233 sq ft (0.166 ac / approx. 672 m) lot measuring approx. 51.04 ft x 142.61 ft x 50.54 ft x 142.61 ft (approx. 15.5 m x 43.5 m). The lot is zoned R5A[2179] H(40). City-approved plans for a 10-unit multiplex are in place and available to qualified buyers on request. The existing home is currently tenanted, so the property carries itself until construction begins. (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 Century 21 Action Power Team Ltd..
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.