1/3LOT 119 KITCHENER AVENUE, Ottawa
LOT 119 KITCHENER AVENUE, Ottawa, ON K1V6W5
$369,900 total
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Asset Class
Land
Size
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Building class
A
Zoning
AG — Agricultural
$ / SF
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Occupancy
90%
About this property
A fantastic opportunity to develop this residential building lot just south Bank St and Walkey Road. Nestled in a mature residential neighbourhood, this location offers no rear neighbours, walking distance to an elementary school, public pool and tons of shopping. The adjacent lot is also for sale, why not build two homes instead of one! A permitted demolition has taken place and the home that was there has been removed. Services have been capped off for this lot, a water deposit is currently being held, and will be released with a building permit. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$16K
Annual cash flow
$-5K
Cash-on-cash
-4.22%
DSCR
0.77
Going-in cap
4.28%
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
52,378
Households
21,850
Median income
$71,000
Median age
41.2
Daytime population
60,026
5-yr growth
1.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for LOT 119 KITCHENER AVENUE, Ottawa.
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.