For Sale

259 BRADLEY Avenue, Ottawa, Ontario K1L7E8

$5,500,000

259 BRADLEY Avenue, Ottawa, Ontario K1L7E8 is For Sale and has a listing price of 5,500,000. The property is located in the Vanier North neighbourhood. It's been on the website for 79 Days.

  • Multi-family
    Property Type
  • 4
    Parking Spaces
  • MLS ID: 1408585
  • Office Name EXP REALTY
Property Description

Exceptional TO BE BUILT 12 unit multi-family offering located in a developing area in Ottawa. 259 Bradley offers easy access to amenities, public transportation, and major roadways, making it an ideal location for tenants and potential students. With the ongoing development in the area and favorable zoning policy, this property is positioned for significant appreciation and income potential for the years to come. The property’s efficient design helps minimize maintenance costs and maximizes profitability for future owners. Benefits of this design and layout: No sprinkler system, each unit with their own access, no required accessible units, Lower development charges (Approx. $100k+), available parking, regular city garbage collection services, and no severance cash-in lieu required. With the new Zoning By-law amendment, there is potential to add an additional 4 units, to a total of 16 units as basement units will be undeveloped. Status: Pending Committee of adjustment approval (id:43137)

Property Details
  • MLS ID: 1408585
  • Price: $5,500,000
  • Transaction Types: For Sale
  • Ref ID: 27346264
  • Year Built: N/A
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
09/20/2024 1410145 $1,049,000 For Sale - -
08/29/2024 1408585 $5,500,000 For Sale - -
12/05/2023 1371170 $649,900 For Sale - -
12/05/2023 1371172 $649,900 For Sale - -
09/28/2023 1362869 $649,900 For Sale - -
09/28/2023 1362872 $649,900 For Sale - -
1360280 $699,900 - -
1351897 $699,900 - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Vanier North
  • $870,689 Average List Price
    based on 1 year
  • 23 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.99 % Up
  • Sold (12mo) 9
  • Rented (12mo) 12

  • 1 Month Change +23.6%
  • 3 Month Change +66.9%
  • 6 Month Change +73.1%
Walkscore
  • 93 Walk Score
    Walker's Paradise
  • 54 Transit Score
    Good Transit
  • 80 Bike Score
    Very Bikeable
Property Type Distribution
  • All Houses
    50.87%
  • Commercial
    5.61%
  • Condo
    40.81%
  • Land for Sale
    2.71%
Additional Details
  • Heating System Heat Pump
  • Total Parking Spaces: 4
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 29/08/2024 00:00:00
  • Zoning R6-5(4)
  • Agent Name: Armin Khamsehzadeh
  • Last Updated: 20/09/2024 15:12:56
Open House Dates
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