479 Newman Avenue, Ottawa, Ontario

$778,000

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3

Beds

2

Baths

About 479 Newman Avenue

Development opportunity on a premium 55.71 ft x 100 ft lot located on a quiet cul-de-sac in the desirable Overbrook neighbourhood. Rare chance to acquire a well-sized lot in an established area experiencing ongoing redevelopment and strong growth. The existing 2+1 bedroom home with two full bathrooms and a finished basement is being sold strictly for land value. The property presents an excellent opportunity for redevelopment or a custom build in a neighbourhood seeing increasing new construction and investment (buyer to perform their own due diligence). Ideally situated in a location offering quick access to downtown Ottawa, the Rideau River, scenic walking and cycling pathways, parks, and green space. Close proximity to the University of Ottawa, St. Laurent Shopping Centre, schools, public transit, and Highway 417 adds to the strong redevelopment appeal of this central location. Property being sold in "as is, where is" condition. The seller makes no representations or warranties. (id:36535)

Features of 479 Newman Avenue

Listing # X13614666
Price $778,000
Bedrooms 3
Bathrooms 2.00
Acres 0.00
Type Multi-family
Style Bungalow

Community Information

Address 479 Newman Avenue
Subdivision 3502 - Overbrook/Castle Heights
City Ottawa
Province Ontario
Postal Code K1K1N8

Amenities

Utilities Cable, Electricity, Sewer
Features Lane
Parking Spaces 4
Parking Carport, No Garage
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Appliances Hood Fan, Stove, Refrigerator
Heating Natural gas Forced air
Cooling Central air conditioning
Fireplace No
# of Stories 1
Has Basement Yes
Basement Type Full (Finished)
Basement Development Finished

Exterior

Lot Description 55.7 x 100 FT
Foundation Block

Listing Details

OfficeCourtesy Of RE/MAX HALLMARK REALTY GROUP

Listing Map