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163 Norice Street, Ottawa, ON

$1,329,000

Active
163 Norice Street, Ottawa, ON· Meadowlands/Crestview
3+3
Bedrooms
2
Bathrooms
1100-1500
Sq Ft
$886–$1,208
Per Sq Ft
4
Detached Parking
51-99
Year Built

About this Property

Rare opportunity to acquire a substantial development lot measuring approximately 103' x 148', ideally located in an established and highly desirable Ottawa neighbourhood. Zoned N2E, this property offers a range of potential redevelopment opportunities for builders, developers, and investors seeking a well-positioned site in a growing urban market.This location also provides outstanding access to major amenities, including schools, Algonquin College, public transit, shopping, parks, and recreational facilities, making it an attractive setting for future development.The property may be purchased with tenants in place for immediate income potential or with vacant possession, offering flexibility to suit a purchaser's development timeline and objectives.Development sites of this size and location are increasingly difficult to find. Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, redevelopment potential, and any applicable municipal approvals.

Listed by ROYAL LEPAGE TEAM REALTY · MLS# X13231402

Features & Details

Property details of 163 Norice Street, Ottawa, ON

Property TypeDetached
Style2-Storey
Size1100-1500 sq ft
BasementApartment, Finished, Half, Partially Finished, Walk-Up
Total Parking4

Mortgage Calculator

$
%
$
Mortgage Payment$6,529/monthly
Principal54%
Interest46%
Principal Amount$1,063,200
Interest$895,493
Total Payable$1,958,693
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$6,529
Mortgage + Expenses$6,529
$
$
$
$
$
Monthly Cash Flow-$6,529

* Estimate only. Consult a mortgage broker for accurate figures.

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Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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$1,329,000

163 Norice Street, Ottawa, ON

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