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Listed 2 months ago

91 Palsen Street

7302 - Meadowlands/Crestview, Meadowlands - Crestview and Area

$949,000

Detached|Bungalow
3 | 1 | 4
About this home

Welcome to 91 Palsen Street, a rare opportunity to acquire a 105' x 146' property in one of Ottawa's most desirable central neighbourhoods. Nestled on a picturesque, tree-lined street surrounded by some of Crestview's most distinguished homes, this impressive property presents outstanding potential for redevelopment, custom infill, or possible severance, subject to buyer due diligence and City of Ottawa approvals. Perfectly positioned in the established community of Crestview, the property offers the ideal balance of peaceful residential living, and exceptional convenience. Enjoy close proximity to Meadowlands Public School, St. Gregory School, Crestview Park and Pool, Merivale Mall, College Square, Algonquin College, and an extensive selection of shopping, dining, recreation, and everyday amenities. Major transportation routes and transit are also easily accessible.Currently zoned R1FF under City of Ottawa Zoning By-law 2008-250 and N2E under the City's new Zoning By-law 2026-50, this property represents an exceptional opportunity for builders, developers, investors, or those seeking to create a custom residence on an oversized lot in a mature, highly sought-after west-end neighbourhood. Buyers are encouraged to conduct their own due diligence regarding permitted uses, redevelopment potential, severance opportunities, servicing requirements, tree-related restrictions, and all applicable zoning provisions with the City of Ottawa. Please note: An existing survey is not available. The aerial photograph and lot outline are provided for illustrative purposes only, and not to be interpreted as actual property lines.

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agent
Ephy Bookbinder
(416) 838-4804
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,818
Lot Size105 ft x 146 ft
mls© NumberX13735610
Listed ByENGEL & VOLKERS OTTAWA

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%
$4,857
Property tax
$485
Heat allowance
$150
Housing costs
$5,492 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $189,800
25-yr amortization

Income needed

$169,000

gross annual household income

Payment at 4%
$3,994 / mo
Cash down
$189,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Values and trends

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