
127 Columbus Avenue
Overbrook - Castleheights and Area, ON
- 4,768 sqft
- Land
- 40 days on market
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.
Location
Street View
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.
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