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 Opportunity in New Edinburgh - Premium Corner Lot! Located in one of Ottawa's most charming and established neighbourhoods, this approximately 6,500 sq. ft. corner lot at Putman Avenue and Champlain Avenue offers an exciting opportunity for builders, developers, renovators, and those looking to create their dream home. New Edinburgh and neighbouring Lindenlea are known for their mature trees, beautiful parks, village-like atmosphere, and convenient access to downtown Ottawa. Beechwood Avenue, the area's vibrant commercial hub, offers an excellent selection of cafés, restaurants, bakeries, grocery stores, and everyday amenities. Enjoy the nearby green spaces of New Edinburgh Park and Stanley Park, with walking and cycling paths, playgrounds, sports facilities, and access to the scenic Rideau River. Numerous schools, public transportation, and other essential amenities are also close at hand. The existing home requires repairs and is being offered primarily for its land value, (being sold As-Is) presenting an opportunity to restore the property into a wonderful family home or explore the possibilities this exceptional location may offer. Bring your vision and imagination! Whether you are a builder, developer, or buyer seeking a property with potential in a highly desirable neighbourhood, this is an opportunity to create something truly special in the heart of New Edinburgh.
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$5,168/mo
Mortgage (principal + interest)$4,451
Property taxFrom listing: $8,597/yr$716
Minimum $93,990 down for this price; the slider moves in whole percent, starting at 8%. 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$237,980
Ontario land transfer taxProvincial brackets, no first-time refund$20,273
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$261,053
First-time buyers can get up to $4,000 back on Ontario land transfer tax. New Edinburgh - Lindenlea 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.
