The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Exceptional investment/redevelopment opportunity in one of Ottawa's most prestigious and established neighbourhoods. Situated on a premium oversized lot in highly sought-after Alta Vista, 312 Mountbatten Avenue offers outstanding potential for investors, builders, developers, or buyers looking to create a luxury custom residence in a prime central location. Surrounded by high-end custom homes and mature tree-lined streets, this property presents a rare opportunity to secure premium land value in a rapidly evolving luxury corridor. The property is currently tenanted, offering immediate rental income and holding potential while redevelopment plans, permits, or future custom-home designs are pursued. The lot orientation creates excellent potential for energy-efficient custom-home design while maximizing natural light in principal rear-facing rooms. This property offers buyers the opportunity to generate rental income while planning a future redevelopment project in a mature central neighbourhood where demand for premium housing remains exceptionally strong. Renderings are conceptual illustrations only and are provided for marketing purposes. *For Additional Property Details Click The Brochure Icon Below*
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,611/mo
Mortgage (principal + interest)$3,086
Property taxFrom listing: $6,295/yr$525
Minimum $57,500 down for this price; the slider moves in whole percent, starting at 7%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$165,000
Ontario land transfer taxProvincial brackets, no first-time refund$12,975
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$180,775
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Alta Vista and Area has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
