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4004 - Sandy Hill, Lower Town - Sandy Hill
$750,000
Development or renovation opportunity in the heart of Sandy Hill. Zoned N4B [480], this property offers exceptional potential in one of Ottawa's most established urban, family friendly and university focused neighbourhoods. Ideally situated directly across from Annie Pootoogook Park, residents will enjoy immediate access to expansive green space, playground, seasonal outdoor rink, and community offerings at the Sandy Hill Community Centre, creating an attractive setting for future residential development or expansion of the existing property. Lot size of 35.5 feet x 85 feet currently comprises bungalow and garage measuring approximately 25' 10" x 13' 5", which was built approximately 15 years ago. Conveniently positioned just steps from the University of Ottawa's campus, this property benefits from strong demand drivers and proximity to academic facilities, transit including convenient access to 417 and approximately 700 m to LRT station, restaurants, cafés, shopping, and downtown employment centres. Whether envisioned as a boutique residential project or a strategic long-term investment, this is an opportunity to secure a prime development site in a vibrant, amenity-rich neighbourhood with strong rental demand. All offers to contain minimum 24 hour irrevocable.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | < 700 sq. ft. |
| Property Tax | $6,119 |
| Lot Size | 35.5 ft x 88 ft |
| mls© Number | X13234326 |
| Listed By | COLDWELL BANKER RHODES & COMPANY |
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%
- $3,839
- Property tax
- $510
- Heat allowance
- $150
- Housing costs
- $4,499 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$138,000
gross annual household income
- Payment at 4%
- $3,156 / mo
- Cash down
- $150,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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