479 NEWMAN AVENUE, Ottawa, Ontario, K1K1N8

Property Description

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. (id:64974)

Quick Facts

• Property Type: House (Freehold)
• Style: Bungalow
• Bedrooms: 3 (2 above, 1 below)
• Bathrooms: 2
• Ownership: Freehold
• Attached: No
• Parking: 4 spaces (Carport, No Garage)
• Frontage: 56 ft (17 m)

Costs

• Annual Taxes: $4,157.45

Listing Provided by: RE/MAX HALLMARK REALTY GROUP
Board: Ottawa Real Estate Board
Data provided via CREA DDF®.