Rare inner-city infill opportunity on one of McKellar Heights' most coveted streets. 832 Rex Avenue offers a 62.5 ft 117 ft regular lot (7,312.5 sq ft) with N3B zoning under Ottawa's new By-law 2026-50, permitting low-rise residential intensification up to 5 storeys as-of-right. The 62.5 ft frontage accommodates a range of development forms including stacked townhomes, a low-rise apartment building, or purpose-built rental. Comparable inner-city infill vacant land in Ottawa's inner core currently trades at $150-$250/sq ft, placing the implied land value of this lot at $1.1M-$1.8M. At $740,000, the acquisition represents a significant discount to raw land value, reflecting the existing structure and associated carrying costs. The existing 1956 bungalow is a demo or gut-reno candidate. Property sold as-is . Possession flexible. Steps to JCC, Altea Fitness, Evergreen Park, Dovercourt, transit, Ottawa Hospital, and Westboro Village. Broadview PS and Nepean HS catchment. (id:49712)
| MLS® Number | X13454626 |
| Property Type | Vacant Land |
| Community Name | 5202 - McKellar Heights |
| Equipment Type | Water Heater |
| Parking Space Total | 10 |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 1 |
| Size Interior | 7,312 Sqft |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 117 Ft |
| Size Frontage | 62 Ft ,6 In |
| Size Irregular | 62.5 X 117 Ft |
| Size Total Text | 62.5 X 117 Ft |
| Zoning Description | R10 |
https://www.realtor.ca/real-estate/29914530/832-rex-avenue-ottawa-5202-mckellar-heights
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