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Investment signal

$399,900

27-29 BRISSON STREET

Save this home

Beds

Baths

Sqft

Year

Type

Vacant Land

Suite

Investment signal

Location nearby

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

About this home

Looking to grow your INVESTMENT portfolio? This R2 zoned vacant lot offers excellent development potential with two municipal addresses in the heart of the growing community of Limoges. The property features two lateral water and sewer connections already at the property line, with natural gas available on the street, making it an ideal opportunity for possible duplex or investment build. Located in a family-friendly neighbourhood close to local amenities, schools, parks, and services. Enjoy small-town living while being only 25 minutes from Ottawa. Great opportunity for investors or builders looking for their next project. (id:65958)

Subtype
Vacant Land
Community
616 - Limoges
Lot dimensions
91.77 x 164.4 FT ; Yes
On market
Mar 9, 2026
Status changed
Apr 24, 2026
Annual tax
$0
Zoning
R2
Photos
8
MLS#
X12863628
Area
THE_NATION

Features and systems

Utilities

SewerElectricityCable
Negative cash flow ~$104/mo at these assumptions

Cash on cash

-1.56%

Cap rate

4.55%

GRM

13.9

Break-even rent

$2,510

Financing

Down payment$79,980
Loan amount$319,920
Mortgage$1,621/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$183
Insurance$80
Maintenance$333
CapEx reserve$167
Vacancy loss$120

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 $1,621/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.

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