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Last Updated : 35 Days ago
13 Balsam St, West Centre Town, Ontario, 4205 - West Centre Town
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13 Balsam St, West Centre Town MLS Number: X11979477

4205 - West Centre Town, West Centre Town, Ottawa, ON, K1R 6W7

$949,900

Status: For Sale

  • Property Type: Commercial (Investment)
  • Property Taxes : $0.00 (Tax Year:2024)
  • Listing Courtesy : Exp Realty

13 Balsam St Property Description

PRIME DEVELOPMENT SITE offers a fantastic opportunity to build an 8-unit apartment building in one of Ottawa's most sought-after neighborhoods, Centretown West. The property includes all necessary documentation to proceed immediately, a survey, full architectural working drawings, and completed environmental and engineering studies. The proposed building consists of 8 units: seven one-bedroom+den apartments (designed to easily convert into two-bedroom units post-construction) and one accessible one-bedroom unit. The design features in-suite laundry for each unit, and bike racks are provided for residents, as there is no parking on-site. The existing building is vacant, boarded, and ready for demolition, with utilities already capped, ensuring a smooth transition for the new owner. Site is perfectly situated next to a brand-new condo and across from other new developments, ensuring strong future rental demand. This is an ideal opportunity for developers to acquire a well-prepared project in This property sits in the heart of West Centre Town, one of the most vibrant and sought-after neighborhoods in the city. With a high walk score, everything you need is just steps away trendy cafes, top-rated restaurants, boutique shopping, lush parks, and excellent public transit options. You're within walking distance of downtown, Little Italy, Chinatown, and Hintonburg, offering an incredible mix of cultural experiences, nightlife, and community charm. Whether commuting, dining out, or enjoying the city's best amenities, this location offers unmatched convenience and urban living at it's finest. With building permits ready and a fully approved design, you can start construction immediately. The estimated market value for the fully completed development, fully rented at market rates, exceeds $3.5M, offering excellent potential for long-term investment or profitable resale! Don't miss this amazing investment opportunity!

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13 Balsam St Property Facts

Property Type :Commercial
MLS Number :X11979477
Listing Type :Sale
Possession Date :
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Last Updated :20 Feb, 2025 (35 Days ago)
Source :TRREB
Area :Ottawa
Postal Code : K1R 6W7
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13 Balsam St Property Price & Tax Insights

Price : $949,900
Property Taxes :$0.00
Tax Year :2024

13 Balsam St, West Centre Town Property Details

Cross Street :Gladstone Avenue, Booth Street

13 Balsam St, West Centre Town - Price History

2025-02

19 Feb, 2025

TREB #X11979477

Available

$949,900

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  • 0
  • 400k
  • 800k
  • 1.2M
  • 1.6M
  • 2M+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+
  • $4,814
  • $1,732,679
  • $782,779

13 Balsam St - Location Map and Landmarks

  • University of Ottawa Heart Institute, Ottawa 1.63 km
  • The Ottawa - Civic, Ottawa 1.77 km
  • Royal Ottawa Mental Health Centre, Ottawa 2.53 km
  • The Ottawa - Riverside, Ottawa 3.32 km
  • National Defence Medical Centre, Ottawa 4.05 km
  • Children's of Eastern Ontario (CHEO), Ottawa 4.57 km
  • The Ottawa - General, Ottawa 4.65 km
  • Montfort, Ottawa 7.06 km
  • Queensway Carleton, Ottawa 11.06 km
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FAQs: 13 Balsam St, West Centre Town

  • Q:What is the Area Size of the 13 Balsam St In Sq.Ft and it's MLS No.?

    A: The project covers an area of approximately sq. ft and is strategically located in Ottawa. The MLS No of this project is X11979477 and the Project is located in Ontario, Canada
  • Q: Does this Project 13 Balsam St available for Sale ?

    A: The project 13 Balsam St is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 13 Balsam St is Offering?

    A:Square Yards is giving a Cashback of $4,750 if you buy this property from us, however there are several key features offered by the 13 Balsam St. You get Beds with N/A Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Beds & Baths available in 13 Balsam St, Ottawa?

    A: 13 Balsam St, Ottawa comes with Beds for maximum convenience and space. There are N/A baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Ottawa, On?

    A:Ottawa, Ontario is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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