479 Newman Avenue, Ottawa, ON, K1K 1N8

Property Details: - Type: Multiplex - Bedrooms: 2 - Bathrooms: 2 - MLS#: X12930310 Listed By: RE/MAX HALLMARK REALTY GROUP

Development opportunity on a premium 55.71 ft x 100 ft lot located on a quiet cul-de-sac in the desirable Overbrook neighbourhood. Rare chance to acquire a well-sized lot in an established area experiencing ongoing redevelopment and strong growth. The existing 2+1 bedroom home with two full bathrooms and a finished basement is being sold strictly for land value. The property presents an excellent opportunity for redevelopment or a custom build in a neighbourhood seeing increasing new construction and investment (buyer to perform their own due diligence). Ideally situated in a location offering quick access to downtown Ottawa, the Rideau River, scenic walking and cycling pathways, parks, and green space. Close proximity to the University of Ottawa, St. Laurent Shopping Centre, schools, public transit, and Highway 417 adds to the strong redevelopment appeal of this central location. Property being sold in "as is, where is" condition. The seller makes no representations or warranties. This multiplex home located at 479 Newman Avenue, Ottawa is currently for sale and has been available on Zolo.ca for 1 day. This property is listed at $799,900 with an estimated mortgage of $2,944* per month. It has 2 beds, 2 bathrooms, and is 700-1100 square feet. 479 Newman Avenue, Ottawa is in the Overbrook/ Castle Heights neighborhood Ottawa. Overbrook, Overbrook/Castle Heights and Ottaw are nearby neighborhoods.