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Listed 1 month ago

176 Marlborough Avenue

4101 - Ottawa Centre, Ottawa Centre

$874,900

Detached|Other
0 | 0 | 0
About this home

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.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleOther
Approx. AgeNot available
Size< 700 sq. ft.
Property Tax---
Lot Size40 ft x 100 ft
mls© NumberX13601304
Listed ByEXP 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.

Down payment20% · $174,980
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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