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4101 - Ottawa Centre, Ottawa Centre
$874,900
Development opportunity in Sandy Hill. This 40 x 100 ft lot (approx. 4,000 sq ft) sits within a Major Transit Station Area, roughly a 16-minute walk to the uOttawa O-Train station, with shops, restaurants, groceries and parks all within reach.The property falls under the City of Ottawa's new N3B zoning framework (By-law 2026-50), which contemplates higher-density residential development on lots of this size. A completed architectural and planning study by RJH Architecture + Planning is available to qualified buyers and outlines three development concepts: a sixplex, two front-to-back triplexes capable of severance into separate freehold titles, or a nine-unit building. The Major Transit Station Area location means no on-site parking is required under the new framework.The existing 1942 home has sustained fire and smoke damage and is being sold for land value. Buyers are advised to complete their own due diligence regarding zoning status and permissions, demolition and remediation, lot dimensions, servicing, and all development potential.Sandy Hill continues to draw builder and investor interest, with new small multi-unit product throughout the surrounding blocks - a transit-oriented infill site with the planning groundwork already underway. Buyer to verify all information. Property sold as-is, where-is.
No extras listed.
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| Type | Detached |
| Style | Other |
| Approx. Age | Not available |
| Size | < 700 sq. ft. |
| Property Tax | --- |
| Lot Size | 40 ft x 100 ft |
| mls© Number | X13601304 |
| 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 estimated carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,478
- Property tax (estimated)
- $0
- Heat allowance
- $150
- Housing costs
- $4,628 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$142,000
gross annual household income
- Payment at 4%
- $3,682 / mo
- Cash down
- $174,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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