1348 THAMES STREET, Ottawa, Ontario

ID#511365 | MLS# 1322575 | Listed at $549,900.00
Real Estate - Ottawa -
Geoffrey Worthing
Sales Representative
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Description
Also listed as a single-family home under MLS#1322571. Welcome to 1348 Thames Street in the great City of Ottawa. This post-war bungalow is perfectly located right where Westboro meets Carlington. An intelligent kitchen/dining addition adds valuable square footage. With R2 zoning this home’s 50x130-ft lot is coveted by the best boutique builders in the region. Buy to build yourself, or purchase to live or invest and then sell to a developer later as scarcity of infill opportunities drastically increases the value. Multiple other 50-ft lots, many with shorter depths, have been split and developed as semi-detached homes. The combined value of two new semi’s is estimated around $2M. If you have a strong mind for investment, why not build 4 units? Semi-detached homes with secondary dwelling units could total ~$10,000/month in rent and be worth up to $2.4M. Keep both for a $120,000 per year retirement or sell one to pay for the other. No conveyance of offers prior to 4PM Monday November 28. (id:1508)
Special Features
  • Amenities Near By: Public Transit, Recreation Nearby, Shopping
  • Basement Development: Not Applicable
  • Basement Type: Unknown (Not Applicable)
  • Fireplace Present: False
  • Utility Water: Municipal water
  • Access Type: Road access
  • Has Acreage: false
  • Land Amenities: Public Transit, Recreation Nearby, Shopping
  • Current Use: Development residential
  • Sewer: Municipal sewage system
  • Type of Road: Paved road
  • Zoning: R2G
Property Type Vacant Land
Building Style Bungalow
Listing Type For Sale

Number of Bedrooms 0.0
Number of Bathrooms 0.0
Seller's Comments

The seller has not posted any comments at this time.

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Mortgage Information
Title: Five Year Fixed Mortgage Rates
Down Payment Mortgage Rate Amortization Description Payment Min. Income Required
5.00%  -  $27,495 2.69% 25 Years 5 year Fixed $2,460 $89,790
10.00%  -  $54,990 2.69% 25 Years 5 year Fixed $2,314 $85,396
20.00%  -  $109,980 2.69% 25 Years 5 year Fixed $2,016 $76,475
Title: 3 Year Fixed Mortgage Rates
Down Payment Mortgage Rate Amortization Description Payment Min. Income Required
5.00%  -  $27,495 2.29% 25 Years 3 year Fixed $2,352 $86,548
10.00%  -  $54,990 2.29% 25 Years 3 year Fixed $2,212 $82,347
20.00%  -  $109,980 2.29% 25 Years 3 year Fixed $1,928 $73,819
Title: One Year Closed
Down Payment Mortgage Rate Amortization Description Payment Min. Income Required
5.00%  -  $27,495 2.69% 25 Years 1 year Fixed $2,460 $89,790
10.00%  -  $54,990 2.69% 25 Years 1 year Fixed $2,314 $85,396
20.00%  -  $109,980 2.69% 25 Years 1 year Fixed $2,016 $76,475

Disclaimer:

Rates are subject to change and cannot be guaranteed.
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