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Investment signal

$799,900

229 BRITANNIA ROAD

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Type

Vacant Land

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ottawa. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

If you're looking for the perfect place to build your custom dream home or investment property just steps from the Ottawa River, this lot is for you! Located in the heart of the sought-after neighbourhood of Britannia Village, this 66' x 125' lot (0.189 acres) offers an abundance of potential for a motivated buyer. Backing on to the Britannia Conservation Area, the only rear neighbours that you'll ever see are the birds of Mud Lake! All major amenities (including the future Lincoln Fields LRT station) are just a short walk away and outdoor enthusiasts will love the proximity to the multiuse pathways and parks. Commutes will also be a breeze thanks to the easy access to both highways and the Kichi Zibi Mikan (former Ottawa River Parkway). Currently Zoned as R1, proposed as N2C in the New Zoning By-law DRAFT. (id:65958)

Subtype: Vacant Land
Community: 6102 - Britannia
Lot dimensions: 66 x 125 FT ; 0
Parking: 0 total
On market: Sep 17, 2025
Status changed: Apr 24, 2026
Annual tax: $4,464
Zoning: R1O
Photos: 27
MLS#: X12409692
Area: OTTAWA

Features and systems

Basement

UnknownUnknownUnknown

Heating

Not knownUnknown

Cooling

Unknown

Lot

Wooded area

Utilities

SewerElectricityCable

Negative cash flow ~$889/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.67%

Cap rate

3.53%

GRM

16.7

Break-even rent

$4,936

Financing

Down payment$159,980

Loan amount$639,920

Mortgage$3,242/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$367

Insurance$80

Maintenance$667

CapEx reserve$333

Vacancy loss$200

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $3,242/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.