200 Woodroffe Avenue, Woodroffe, ON
Property Highlights
Welcome to this remarkable land located in the coveted neighborhood of 6002 - Woodroffe. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $998,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 50 x 100 ft lot size
Description
Single-family detached home with R4D zoning and proposed new Ottawa Mainstreet 1 (MS1) commercial zoning, presenting a compelling opportunity for investors, developers, and land bankers. Currently configured as a single-family residence with potential for duplex conversion, providing immediate rental income opportunities while planning for future redevelopment. Situated on a desirable 50' x 100' lot, the property offers significant upside through a variety of permitted uses under existing R4D zoning, with additional future potential through the proposed MS1 designation. Municipal water and sewer services are available, and hydro servicing is in place, enhancing the site's development appeal. The existing home is comfortable and functional, making this an ideal buy-and-hold asset with income potential today and long-term redevelopment value for the future.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 200 Woodroffe Avenue, Woodroffe, ON K2A 3V4
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Woodroffe, ON
For a property listed at $998,000 in Woodroffe, the legal minimum down payment is $74,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $16,435 for this transaction. As this listing is in Woodroffe (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $16,435.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.