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.
636 Walkley Road represents a rare and strategic opportunity for developers and investors seeking a highpotential property in Ottawa's south-central growth corridor. Nestled on a generous 43.14 x 189.5 feet, thisexceptional lot offers breathtaking views of Mooney's Bay and comes with city-approved severance. Thiscombination of current stability and future flexibility makes it an ideal candidate for medium-density infilldevelopment.The Walkley corridor is a recognized target area for intensification under Ottawas OfficialPlan, benefiting from proximity to Bank Street, Heron Road, Riverside Drive, and rapid access to downtown,Carleton University, and Ottawa International Airport. Excellent transit access includes OC Transpo busroutes and the nearby Walkley O-Train Station, connecting residents and future tenants efficiently to majoremployment and educational hubs. This property is particularly well-positioned for investors seeking earlyentry ahead of zoning changes, allowing for long-term appreciation and development upside. Itscombination of central location, lot size, and CM2 zoning makes it suitable for projects ranging from rentalapartments to mixed-use infill developments. Buyer due diligence is strongly advised. Buyers must verifyzoning, permitted uses, lot dimensions, development potential, and all municipal approvals with the City of Ottawa. Please note: Images provided in the listing gallery are conceptual sketch illustrations/drawings to showcase development potential only. There is currently no physical structure on this vacant lot.
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$3,241/mo
Mortgage (principal + interest)$2,989
Property taxFrom listing: $3,019/yr$252
Minimum $54,900 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$159,800
Ontario land transfer taxProvincial brackets, no first-time refund$12,455
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$175,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Billings Bridge - Riverside Park 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.
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