


312 Mountbatten Avenue
3606 - Alta Vista/Faircrest Heights, Alta Vista and Area
$825,000
Exceptional investment/redevelopment opportunity in one of Ottawa's most prestigious and established neighbourhoods. Situated on a premium oversized lot in highly sought-after Alta Vista, 312 Mountbatten Avenue offers outstanding potential for investors, builders, developers, or buyers looking to create a luxury custom residence in a prime central location. Surrounded by high-end custom homes and mature tree-lined streets, this property presents a rare opportunity to secure premium land value in a rapidly evolving luxury corridor. The property is currently tenanted, offering immediate rental income and holding potential while redevelopment plans, permits, or future custom-home designs are pursued. The lot orientation creates excellent potential for energy-efficient custom-home design while maximizing natural light in principal rear-facing rooms. This property offers buyers the opportunity to generate rental income while planning a future redevelopment project in a mature central neighbourhood where demand for premium housing remains exceptionally strong. Renderings are conceptual illustrations only and are provided for marketing purposes. *For Additional Property Details Click The Brochure Icon Below*
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $6,295 |
| Lot Size | 52 ft x 150 ft |
| mls© Number | X13219974 |
| Listed By | ICI SOURCE REAL ASSET SERVICES INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,223
- Property tax
- $525
- Heat allowance
- $150
- Housing costs
- $4,897 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$151,000
gross annual household income
- Payment at 4%
- $3,472 / mo
- Cash down
- $165,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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