



















2511 Junction Avenue
4602 - Heron Park, Billings Bridge - Riverside Park and Area
$649,000
Welcome to 2511 Junction Avenue-an increasingly rare offering combining a spacious family home with significant redevelopment potential in one of Ottawa's most central and connected neighbourhoods. Situated on a large corner lot and zoned R3A, this property presents an outstanding opportunity for homeowners, investors, and developers alike. The existing 3+1 bedroom home is solid and well-proportioned. Set across from beautiful treed city land, the home enjoys a peaceful and private setting rarely found in such a central location. From a lifestyle perspective, this location is hard to beat-just minutes to Carleton University, Billings Bridge Shopping Centre, Mooney's Bay Park, and Hog's Back Falls, with quick access to downtown via the Airport Parkway. The nearby O-Train further enhances convenience and long-term value. For those looking beyond the existing home, the R3A zoning opens the door to a variety of infill possibilities, including low-rise multi-unit development (buyer to verify). The prominent corner lot adds flexibility and design potential, making this a strategic acquisition in an area seeing continued intensification. Whether you're looking to move in, rent out, or redevelop, this property offers location, lot, and long-term upside-a combination that's becoming increasingly hard to find.
No extras listed.
Visit this home
Pick a time that works for you.
No upcoming open houses.
| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,675 |
| Lot Size | 50 ft x 100 ft |
| mls© Number | X13491564 |
| Listed By | EXP REALTY |
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%
- $3,322
- Property tax
- $390
- Heat allowance
- $150
- Housing costs
- $3,861 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$119,000
gross annual household income
- Payment at 4%
- $2,731 / mo
- Cash down
- $129,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
Nearby listings
Comparable sales
- No similar listings found.







































































































































































































































































































































