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13 BALSAM STREET, Ottawa, Ontario, K1R 6W6

MLS® # 1376364
Vacant Land For Sale In West Centertown, Ottawa, Ontario
$999,900
Rendering of approved development - 13 Balsam Street, Ottawa, ON
13 Balsam Street, Ottawa, ON
Rendering of approved development - 13 Balsam Street, Ottawa, ON
13 Balsam Street, Ottawa, ON
13 Balsam Street, Ottawa, ON
13 Balsam Street, Ottawa, ON
Rendering of approved development - 13 Balsam Street, Ottawa, ON
13 Balsam Street, Ottawa, ON
Rendering of approved development - 13 Balsam Street, Ottawa, ON
13 Balsam Street, Ottawa, ON
13 Balsam Street, Ottawa, ON
13 Balsam Street, Ottawa, ON
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ACTIVE
13 BALSAM STREET, Ottawa, Ontario, K1R 6W6
$999,900

Property Information:

A shovel-ready 8-unit apartment building development opportunity in Centretown West, Ottawa. This sale includes the lot, site-plan approval documents, survey, all required reports and studies and full architectural working drawings. The cost of construction has been estimated to be $1,900,000 by professional contractors and is variable depending on your particular construction and material choices. The existing building is vacant, boarded and ready for demolition. The approved design provides for seven two bedroom apartments and a single one bedroom apartment. The design has an entrance ramp for disability access on the ground floor. Simply acquire the building permit and begin construction. The estimated market value of the development when completed and fully occupied with tenants paying market rent is projected to be greater than $3,530,000. This is a great opportunity for a builder to create a profitable development to hold as an investment or sell for a profit. (id:27)

Property Features:

  • OwnershipType: Freehold
  • Property Type: Vacant Land
  • Access Type: Road access
  • Lot Depth: 106.8 Feet
  • Lot Frontage: 34.1 Feet
  • Zoning: R4UB[2296] H(12.6)
  • Sewer: Municipal sewage system

Courtesy of: KELLER WILLIAMS INTEGRITY REALTY

REALTOR.ca  

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

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Market Price Trends

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Location of 13 BALSAM STREET, Ottawa, Ontario, K1R 6W6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 13 BALSAM STREET , experiences 7 hot days per year at around 31.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past
31.3℃
2050
34.7℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 13 BALSAM STREET , experiences 11 significant 2-day storms per year, with about 317.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 405.4mm of precipitation per year.

Precipitation Per Storm

Past
317.1mm
2050
405.4mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 13 BALSAM STREET, Ottawa, Ontario, K1R 6W6

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$118,838.86

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.15 %

High school certificate or equivalent

20.87 %

Apprenticeship trade certificate/diploma

3.47 %

College/non-university certificate

13.32 %

University certificate (below bachelor)

0.99 %

University Degree

44.21 %

Commuter

Travel To Work

By Car

51.59 %

By Public Transit

16.0 %

By Walking

22.58 %

By Bicycle

3.04 %

By Other Methods

6.79 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

59.54 %

Houses

40.46 %

Own Vs. Rent

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