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.
{Intro} Corner lot with existing foundation in the heart of Westboro - one of Ottawa's most in-demand urban neighbourhoods. The site occupies a corner position at Edison Ave & Princeton Ave, offering east-facing frontage & strong visibility in a community with consistent builder demand. Zoned R4UA. Buyers are encouraged to verify all permitted uses & development options with the City of Ottawa before preparing any offer. {The Lot} 2,759.97 sq ft of irregular corner land. Lot dimensions: 65.88'x40.15'x13.96'x56.08'x50.04' - a workable footprint for a custom build or multi-unit project, subject to applicable approvals. All utilities available at the lot: gas, hydro, cable & telephone. Corner lots offer added frontage & flexibility that mid-block sites don't - worth factoring into any design review. Immediate possession. {Foundation} Existing foundation in place. Prior architectural plans were prepared for a proposed 3-storey luxury residence of approx. 2,400 sq ft above grade - Seller makes no representations or warranties regarding those plans, approvals, zoning, permits, or specifications. Sold as vacant land with existing foundation only. Buyers to conduct their own due diligence & rely on their own consultants. 1-yr vendor financing available at 5.49% w/ 25% down, 730+ credit, no income verification required - terms apply. {Location} Westboro is consistently ranked among Ottawa's most walkable urban communities. Richmond Rd runs nearby with a dense strip of independent restaurants, cafes & boutiques. Westboro Beach & the NCC Ottawa River Pathway are within walking distance. Parks include Roy Duncan Park, Lions Park & Westboro Kiwanis Park. Schools across public & Catholic boards in the immediate area. O-Train Confederation Line (Westboro Station) - downtown Ottawa under 15 min by transit. Hwy 417 is minutes south - downtown by car in under 10 min, Ottawa International Airport approx. 20 min.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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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$2,615/mo
Mortgage (principal + interest)$2,615
Minimum $44,900 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$139,800
Ontario land transfer taxProvincial brackets, no first-time refund$10,455
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$153,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Carlingwood - Westboro 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.
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