989 MERIVALE Road, Carlington - Central Park

$1,500,000
989 MERIVALE Road

$1,500,000

Extension
878d
Land

989 MERIVALE Road, Carlington - Central Park

Total Monthly Obligation $9,217

Beds
0
Baths
0
Park
0
DOM
878d
Property Type-Land
MLS® Number-X9515746
Beds-0
Lot Size-24940 Feet
Listed on site-May 28, 2024
Building Type-Land
Taxes-$33,499.54 (2026)
Parking-Unknown
Heating-Unknown
Brokerage-COLLIERS
Cooling-Unknown
Fireplace-No
Pool-None
Roof-Unknown
Sewer-Unknown
Possession-Immediately
Neighbourhood-5302 - Carlington
Title-Commercial

No agent assigned

Located at 989 Merivale Road in Ottawa, Ontario, this 0.573 acre parcel of land presents potential for a mid to high density residential development. Boasting a central location with high exposure on Merivale Road and a Traditional Mainstreet zoning, this property offers significant potential for investors looking to capitalize on Ottawa’s rising demand for housing. The site is cleared and ready for development.

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Closing Costs

Mortgage Amount
$1,200,000
Land Transfer Taxes$26,475
Legal Fees (Est.)
$
Total cash required for closing$327,975

Total Monthly Obligation

$9,217/mo
Mortgage $6,051
Monthly Loss $7,625
Principal$1,592
Interest$4,458
Property Tax$2,792
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 989 MERIVALE Road

Time

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Data last updated within the past 24 hours.