2055 Riverside Drive, Alta Vista and Area, ON K1H 7X1

For Sale 415 days on Market MLS® X11983124

Asking Price

$699,000

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2055 Riverside Drive, Alta Vista and Area, ON K1H 7X1

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Overview

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Rare development opportunity near Riverside & Pleasant Park. This prime building lot is zoned CM2, allowing for maximum density and a wide range of residential development possibilities, making it ideal for investors and developers looking to maximize the site's potential. Some permits have already been secured, helping accelerate the construction timeline.Located minutes from The Ottawa Hospital - Riverside Campus, General Campus, and CHEO, this area offers strong rental demand and excellent long-term investment potential. Close to transit, parks, schools, and all amenities.An outstanding project opportunity in a high-growth Ottawa location.

Lot Size

0.1 acres

Type

Vacant Land

Property Details

Year BuiltNot Disclosed

CityAlta Vista and Area

Postal CodeK1H7X1

Lot Dimensions49.50 × 98.33 ft

Exterior & Land

Sewer: Sewer

Utilities & Services

Heat SourceWell

SewerSewer

Financial Information

List Price$699,000

Annual Taxes$3,494 (2024)

Days on Market415

MLS® X11983124 • Listed by ROYAL LEPAGE TEAM REALTY

2055 Riverside Drive, Alta Vista and Area, ON K1H 7X1

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Purchase Calculator

Home Price

$699,000.00

Location

Down Payment

$146,790.00

Payment Frequency

⚙️ Rate

Your mortgage interest rate can either be Fixed for the term or Variable.

Rate

4.70%

Rate Term

🧾 Amortization

30 years

Scenario Options

First-time Buyer

Newly Built

Insured Prefer

💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

Includes

📉 Taxes
🛠️ Maintenance
⚡ Utilities etc.

Total Monthly Cost ⚙️

/month

Principal & interest

Home expenses

Other expenses

Rental income

Monthly Mortgage$0.00
Home Expenses$0.00
Other Expenses$0.00
Rental Income$0.00

Mortgage Amount

$0.00

Closing Costs

$0.00

Mortgage Payment$0.00

Net Mortgage$0.00

Interest paid over term$0.00

Balance end of Term$0.00

Effective Amortization30 Years

Property Location

2055 Riverside Drive, Alta Vista and Area, ON K1H 7X1

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