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127 Columbus Avenue

127 Columbus Avenue

Overbrook - Castleheights and Area, ON

  • 4,768 sqft
  • Land
  • 40 days on market
$749,000

DEVELOPMENT & INVESTMENT OPPORTUNITY | 127 COLUMBUS AVENUE An exceptional opportunity for investors and builders in a highly convenient Ottawa location. 127 Columbus Avenue offers a development-ready opportunity with a permit already in place with the City of Ottawa for a six-unit building .The property also presents flexibility for those exploring alternative development concepts, including the potential to build a new detached home or side-by-side units, subject to the appropriate approvals.Situated on a great lot in an established neighbourhood, the location offers excellent access to public transit, major roadways, amenities and downtown Ottawa. With urban convenience and strong redevelopment potential, this is an opportunity to add value through new construction while taking advantage of a location where accessibility is a major asset. Contact listing broker for surveys, plans, drawings etc. current tenant on month to month paying $1600+utilities. vacant possession available. 48 hours notice on all showings. Highest and Best use is development opportunity. 6 unit permit consists of three 1-bedroom units and three 2-bedroom units.

Listing Details

Taxes (2025)
$3,865
Listed
August 11, 2026

Price History

Listing history

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Property

Lot Size
37 x 116 Feet

Utilities

Sewer
Sanitary Available

Location & Legal

Cross Street
Vanier Pkwy and Donald St
Zoning
R4N
Parcel Number
042500046
Possession
Flexible
Occupancy
Owner+Tenant

Community

Postal area K1K

Population
32,046
Private dwellings
15,235
Median age
42.4
Average household size
2.2
Median household income
$73,500

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

Commercial in Overbrook - Castleheights and Area · last 12 months

Median sold price
$585,000
Homes sold
193
Median days on market
24
Sale-to-list price
97.7%

Based on 193 recorded sales of commercial properties in Overbrook - Castleheights and Area over the last 12 months.

Listed by

ROYAL LEPAGE INTEGRITY REALTY

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
4,768 sq ft
Price per sq ft
$157.09
Annual property tax
$3,865
Tax per sq ft
$0.81

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions current tenant on month to month paying $1600+utilities.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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