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127 COLUMBUS AVENUE, Ottawa, Ontario, K1K 1P9

MLS® # X13663328
Investment For Sale In Overbrook - McArthur, Ottawa, Ontario
$749,000
127 Columbus Avenue, Ottawa, ON - Outdoor
127 Columbus Avenue, Ottawa, ON - Outdoor
127 Columbus Avenue, Ottawa, ON - Outdoor
127 Columbus Avenue, Ottawa, ON - Outdoor
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127 COLUMBUS AVENUE, Ottawa, Ontario, K1K 1P9
$749,000

Property Information:

DEVELOPMENT & INVESTMENT OPPORTUNITY | 127 COLUMBUS AVENUE An exceptional opportunity for investors and builders in a highly convenient Ottawa location. 127 Columbus Avenue offers a development-ready opportunity with a permit already in place with the City of Ottawa for a six-unit building .The property also presents flexibility for those exploring alternative development concepts, including the potential to build a new detached home or side-by-side units, subject to the appropriate approvals. Situated on a great lot in an established neighbourhood, the location offers excellent access to public transit, major roadways, amenities and downtown Ottawa. With urban convenience and strong redevelopment potential, this is an opportunity to add value through new construction while taking advantage of a location where accessibility is a major asset. Contact listing broker for surveys, plans, drawings etc. current tenant on month to month paying $1600+utilities. vacant possession available. 48 hours notice on all showings. Highest and Best use is development opportunity. 6 plex permit consists of three 1-bedroom units and three 2-bedroom units. (id:7525)

Building Features:

  • Style: Multiplex
  • Building Type: Duplex
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Stucco
  • Floor Space: 1100 - 1500 sqft Square Feet
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Floor Space (approx): 1100 - 1500 Square Feet
  • Irregular: Yes
  • Lot Depth: 116.2 Feet
  • Lot Frontage: 37 Feet
  • Lot Size: 37 x 116.2 FT
  • Sewer: Sanitary sewer
  • Parking Type: Other, No Garage
  • No. of Parking Spaces: 6

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Sales/Price History

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Market Price Trends

Single family detached

-1.6%

Price change (1 year)

22.57%

Price change (5 years)

All Properties

-0.88%

Price change (1 year)

22.13%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 127 COLUMBUS AVENUE, Ottawa, Ontario, K1K 1P9

Demographic Information of 127 COLUMBUS AVENUE, Ottawa, Ontario, K1K 1P9

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$104,711.34

Average Number of Children

1.84

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.61 %

High school certificate or equivalent

27.27 %

Apprenticeship trade certificate/diploma

6.53 %

College/non-university certificate

16.05 %

University certificate (below bachelor)

2.13 %

University Degree

29.41 %

Commuter

Travel To Work

By Car

59.79 %

By Public Transit

22.18 %

By Walking

8.41 %

By Bicycle

1.26 %

By Other Methods

8.36 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

48.79 %

Houses

51.21 %

Own Vs. Rent

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