479 Newman Avenue, Ottawa
Development opportunity on a premium 55.71 ft x 100 ft lot located on a quiet cul-de-sac in the desirable Overbrook neighbourhood. Rare chance to acquire a well-sized lot in an established area experiencing ongoing redevelopment and strong growth. The existing 2+1 bedroom home with two full bathrooms and a finished basement is being sold strictly for land value. The property presents an excellent opportunity for redevelopment or a custom build in a neighbourhood seeing increasing new construction and investment (buyer to perform their own due diligence). Ideally situated in a location offering quick access to downtown Ottawa, the Rideau River, scenic walking and cycling pathways, parks, and green space. Close proximity to the University of Ottawa, St. Laurent Shopping Centre, schools, public transit, and Highway 417 adds to the strong redevelopment appeal of this central location. Property being sold in "as is, where is" condition. The seller makes no representations or warranties. (id:1945)
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Property details for 479 Newman Avenue, Ottawa
- Type
- Multi-family
- Style
- Bungalow
- Bedrooms
- 3
- Bathrooms
- 2
- Lot Size
- 55.7 x 100 FT
- Stories
- 1
- Basement
- Finished, Full
- Parking
- Carport, No Garage
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Annual Taxes
- $4,157
Nearby Listings Stat
Estimated price and comparable properties near 479 Newman Avenue
Active Listings
52
Min Price
$299,999
Max Price
$1,149,000
Avg Price
$595,214
Days on Market
52
days
Sold Listings
19
Min Sold Price
$290,000
Max Sold Price
$999,000
Avg Sold Price
$506,763
Days until Sold
46
days
Neighbourhood Census Data
Ottawa, Ontario
Population
696
Median Age
42.1
Median Income
$34,074
Dwelling Value
$379,604
Housing Tenure
Owners 71%
Renters 31%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.8
Pop. Density: 2,736.9/km²
Avg Shelter Cost: $1,214/mo
Owners with Mortgage: 50%
Owners Spending 30%+: 9.1%
Tenants Spending 30%+: 33.3%
English only: 40.3%
French only: 3.6%
English and French: 54%
Neither: 2.2%
Median Household Income: $78,080
Median Employment Income: $31,200
Price History
Listed
July 28, 2026
by RE/MAX HALLMARK REALTY GROUP
Current Price
$778,000
Type
Multi-family
For Sale
