479 Newman Avenue, Overbrook - Castleheights and Area, ON K1K 1N8 $799,900 For Sale
- 2 + 1
- 2
- 700-1100 sq ft
- 3.00
- $4157 annual tax
About Property
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.
Property Facts
- Property Type: Residential Freehold
- Property Subtype: Multiplex
- Laundry Ensuite: No
- Heating Source: Gas
- Heating Type: Forced Air
- Cooling: Central Air
- Region: 3502 - Overbrook/Castle Heights
Features
No features listed.