1875 PRINCE OF WALES DRIVE, Ottawa, Ontario

ID#413164 | MLS# 1142412 | Listed at $585,000.00
Real Estate - Ottawa -
Felice Miranda
Sales Representative
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**Attention developers, RARE opportunity! Undeveloped lot with 138 ft of Waterfront on the Rideau River in the city!** Build a 2,900 sf luxury home on this 12,620 sf lot (Quadrilateral) with a floating dock for your boat. The site has been approved by RVCA and City of Ottawa and has been given approval for additional height as well (12 meters total). Use your own design or negotiate the plans for the concept home in to your offer. City owns a small piece of land for a storm water run off between the lot and the neighbour on the North side so you will only ever have one immediate neighbour! Don't miss the chance to build your dream home with a cottage view in the city. Bring us your offers today! (id:25958)
Special Features
  • Amenities Near By: Public Transit, Recreation Nearby
  • Basement Development: Not Applicable
  • Basement Type: Unknown (Not Applicable)
  • Fireplace Present: False
  • Features: Sloping
  • Access Type: Road access
  • Has Acreage: false
  • Land Amenities: Public Transit, Recreation Nearby
  • Type of Road: Paved road
  • View Types: River view
  • Water Front Type: Waterfront
  • Zoning: R1GG
Property Type Vacant Land
Building Style 2 Storey
Listing Type For Sale

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

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Mortgage Information
Title: First Time Buyer Program - High Ratio Mortgage
Down Payment Mortgage Rate Amortization Description Payment Min. Income Required
0.00%  -  5.09% 25 Years FREE DOWN PAYMENT 5 $3,565 $123,810
10.00%  -  $58,500 2.69% 25 Years 3 Yr Low Payment $2,466 $90,848
20.00%  -  $117,000 2.69% 25 Years 3 Yr Low Payment $2,145 $81,213
Title: Self Employed/ Non Qualified Income Premium
Down Payment Mortgage Rate Amortization Description Payment Min. Income Required
10.00%  -  $58,500 4.99% 25 Years $3,075 $109,119
15.00%  -  $87,750 4.25% 25 Years $2,694 $97,689
20.00%  -  $117,000 3.89% 25 Years $2,442 $90,134

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