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551 Edison Avenue

551 Edison Avenue

Carlingwood - Westboro and Area, ON

  • Vacant Land
  • 98 days on market
$699,000

{Intro} Corner lot with existing foundation in the heart of Westboro - one of Ottawa's most in-demand urban neighbourhoods. The site occupies a corner position at Edison Ave & Princeton Ave, offering east-facing frontage & strong visibility in a community with consistent builder demand. Zoned R4UA. Buyers are encouraged to verify all permitted uses & development options with the City of Ottawa before preparing any offer. {The Lot} 2,759.97 sq ft of irregular corner land. Lot dimensions: 65.88'x40.15'x13.96'x56.08'x50.04' - a workable footprint for a custom build or multi-unit project, subject to applicable approvals. All utilities available at the lot: gas, hydro, cable & telephone. Corner lots offer added frontage & flexibility that mid-block sites don't - worth factoring into any design review. Immediate possession. {Foundation} Existing foundation in place. Prior architectural plans were prepared for a proposed 3-storey luxury residence of approx. 2,400 sq ft above grade - Seller makes no representations or warranties regarding those plans, approvals, zoning, permits, or specifications. Sold as vacant land with existing foundation only. Buyers to conduct their own due diligence & rely on their own consultants. 1-yr vendor financing available at 5.49% w/ 25% down, 730+ credit, no income verification required - terms apply. {Location} Westboro is consistently ranked among Ottawa's most walkable urban communities. Richmond Rd runs nearby with a dense strip of independent restaurants, cafes & boutiques. Westboro Beach & the NCC Ottawa River Pathway are within walking distance. Parks include Roy Duncan Park, Lions Park & Westboro Kiwanis Park. Schools across public & Catholic boards in the immediate area. O-Train Confederation Line (Westboro Station) - downtown Ottawa under 15 min by transit. Hwy 417 is minutes south - downtown by car in under 10 min, Ottawa International Airport approx. 20 min.

Listing Details

Listed
June 6, 2026

Price History

Listing history

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Location & Legal

Cross Street
Richmond Rd & Princeton Ave
Zoning
R4UA
Parcel Number
040140352
Possession
Immediate
Occupancy
Vacant

Schools

Elementary

  • Churchill Alternative School0.4 km

    Public · Ottawa-Carleton DSB · 200 students

    Grade 3 reading: 93% met the provincial standard · Grade 6 math: 62% met the provincial standard

  • Broadview Public School0.7 km

    Public · Ottawa-Carleton DSB · 865 students

    Grade 3 reading: 87% met the provincial standard · Grade 6 math: 53% met the provincial standard

  • Notre Dame Intermediate School0.9 km

    Catholic · Ottawa CSB · 250 students

Secondary

  • Nepean High School0.7 km

    Public · Ottawa-Carleton DSB · 1270 students

    Grade 10 literacy: 94% met the provincial standard

  • Notre Dame High School1 km

    Catholic · Ottawa CSB · 430 students

    Grade 10 literacy: 83% met the provincial standard

  • St Nicholas Adult High School1.8 km

    Catholic · Ottawa CSB · 620 students

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area K2A

Population
17,156
Private dwellings
7,738
Median age
47.2
Average household size
2.2
Median household income
$105,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Carlingwood - Westboro and Area · last 12 months

Median sold price
$1,055,000
Homes sold
135
Median days on market
20
Sale-to-list price
98.4%

Based on 135 recorded sales of residential freehold properties in Carlingwood - Westboro and Area over the last 12 months.

Listed by

CITYSCAPE REAL ESTATE LTD.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$139,800

Estimated Monthly Payment

$3,434

Land transfer tax

Estimated land transfer tax$10,455

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $3,434/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $175/mo

Estimates only. Consult a financial advisor.

R

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