For Sale · Land

1200 CARP ROAD, Ottawa

1200 CARP ROAD, Ottawa, ON K2S1B9

$549,999 total

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Asset Class

Land

Size

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Building class

C

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

92%

About this property

RARE 0.97-ACRE DEVELOPMENT OPPORTUNITY! Approximately 42,070.70 sq ft of highly visible vacant land at the gateway to Stittsville, positioned in a growing residential intensification corridor. Zoning By-law 2026-50-N2D permits up to 12 residential units; buyer to verify. Approx. 80.75' x 274' and 80.75' x 247'. Exceptional opportunity for builders, developers and investors. Adjacent 1194 Carp Rd is also available separately (MLS X13792632). When combined, the two properties offer potential for up to 43 residential units, subject to approvals. 24 hours irrevocable on all offers. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$550K
Down payment30% · $165K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$24K

Annual cash flow

$-7K

Cash-on-cash

-4.17%

DSCR

0.77

Going-in cap

4.29%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

114,719

Households

49,893

Median income

$133,500

Median age

39.1

Daytime population

159,733

5-yr growth

9.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 1200 CARP ROAD, Ottawa.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.