$740,000
Available - For Sale
Listing ID: X13454626
832 Rex Avenue , McKellar Heights - Glabar Park and Area, K2A 2P5, Ottawa
| Rare inner-city infill opportunity on one of McKellar Heights' most coveted streets. 832 Rex Avenue offers a 62.5 ft 117 ft regular lot (7,312.5 sq ft) with N3B zoning under Ottawa's new By-law 2026-50, permitting low-rise residential intensification up to 5 storeys as-of-right. The 62.5 ft frontage accommodates a range of development forms including stacked townhomes, a low-rise apartment building, or purpose-built rental. Comparable inner-city infill vacant land in Ottawa's inner core currently trades at $150-$250/sq ft, placing the implied land value of this lot at $1.1M-$1.8M. At $740,000, the acquisition represents a significant discount to raw land value, reflecting the existing structure and associated carrying costs. The existing 1956 bungalow is a demo or gut-reno candidate. Property sold as-is . Possession flexible. Steps to JCC, Altea Fitness, Evergreen Park, Dovercourt, transit, Ottawa Hospital, and Westboro Village. Broadview PS and Nepean HS catchment. |
| Price | $740,000 |
| Taxes: | $5559.12 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | 832 Rex Avenue , McKellar Heights - Glabar Park and Area, K2A 2P5, Ottawa |
| Postal Code: | K2A 2P5 |
| Province/State: | Ottawa |
| Legal Description: | PT LT 3, PL 294284 , AS IN CR358486 ; OT |
| Directions/Cross Streets: | Carling Ave. to Rex Ave. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Designated |
| Total Area: | 7312.50 |
| Total Area Code: | Square Feet |
| Washrooms: | 1 |
| Sewers: | None |
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| LOTFUL REALTY |
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HANIF ARKIAN
Broker
Dir:
416-871-6060
Bus:
416-798-7777
Fax:
905-660-5393
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At a Glance:
| Type: | Com - Land |
| Area: | Ottawa |
| Municipality: | McKellar Heights - Glabar Park and Area |
| Neighbourhood: | 5202 - McKellar Heights |
| Tax: | $5,559.12 |
| Baths: | 1 |
| Fireplace: | N |
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