Meadowlands - Crestview and Area K2G 2H2

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 3 BR
Bathrooms: 1
Pets: Pets No

Financials

Price:C985,000
($706,127)
(€601,343)
Annual Taxes:C4,568
505 Park Ave, New York, NY 10022

Description

Welcome to 115 Rita Avenue, a rare and versatile opportunity in the highly sought-after St. Claire Gardens / Citi View community. Situated on a PREMIUM 100 x 90 ft lot, this property is tucked at the quiet end of a tree-lined street in a neighbourhood known for its mature charm, modern infill, and family-friendly appeal. Whether you're an investor, builder, or future homeowner, this is a valuable canvas with tremendous potential. The severance is complete and registered with the City of Ottawa, creating two 50 x 90 ft lots (survey and severance documents on file). Municipal services are at the lot line, and a 5-ft hydro easement at the rear extends the usable depth to approx. 95 ft, offering added flexibility for future builds. This turnkey lot configuration significantly reduces development lead time and adds tremendous value for builders, investors, or end-users alike The existing 3-bedroom home is currently tenanted, generating reliable holding income while you finalize development plans. Recently painted and with a strong rental history spanning over a decade, its a value-add asset whether you choose to build now or hold long-term. Just steps from a nearby pathway to Algonquin College, and minutes to Baseline Station (future LRT stop), College Square, Merivale Road shops, and within the catchment for top-rated schools including St. Gregory, Meadowlands P.S., and Merivale High School. Option to collaborate with award-winning Canterra Design + Build to bring your vision to life. Buyers to verify all development guidelines and associated costs. Build one home, build two, or hold as an investment this property offers flexibility, location, and long-term value in one of Ottawa's most promising west-end communities. Some photos virtually staged.

Welcome to 115 Rita Avenue, a rare and versatile opportunity in the highly sought after St.


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.