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3402 - Vanier, Vanier and Kingsview Park
$599,900
ATTENTION DEVELOPERS & INVESTORS! Exceptional opportunity on a 40' x 100' lot with N3B[1340] zoning offering exciting redevelopment potential in a rapidly evolving neighbourhood. A newly constructed 8-unit apartment building on the neighbouring property demonstrates the development potential of this location and lot size. The existing property features 2 self-contained units - one 2-bedroom unit and one 1-bedroom unit - with BOTH UNITS TO BE VACANT ON CLOSING, giving the new owner the rare opportunity to select their own tenants and establish current market rents from day one. Whether you're looking for a redevelopment opportunity, a solid income property, or an owner-occupied home with a separate rental unit to help offset expenses, this property offers tremendous flexibility. The property also features a detached garage and a generous 40' x 100' lot. With new N3B[1340] zoning, nearby multi-unit redevelopment and an 8-unit building already constructed next door, this is an excellent opportunity for builders, developers and investors looking to capitalize on Ottawa's push toward greater urban density. Buy, rent, hold or explore redevelopment - 92 Jolliet offers multiple possibilities. Buyer to complete their own due diligence regarding development potential, permitted unit count and applicable zoning provisions.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | < 700 sq. ft. |
| Property Tax | $3,546 |
| Lot Size | 40 ft x 100 ft |
| mls© Number | X13816702 |
| Listed By | RE/MAX ABSOLUTE REALTY INC. |
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%
- $3,071
- Property tax
- $296
- Heat allowance
- $150
- Housing costs
- $3,516 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$108,000
gross annual household income
- Payment at 4%
- $2,524 / mo
- Cash down
- $119,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkValues and trends
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