989 MERIVALE Road
989 MERIVALE Road
$1,500,000
$60.15/sq ft · 774 days on market
About This Listing
Located at 989 Merivale Road in Ottawa, Ontario, this 0.573 acre parcel of land presents potential for a mid to high density residential development. Boasting a central location with high exposure on Merivale Road and a Traditional Mainstreet zoning, this property offers significant potential for investors looking to capitalize on Ottawa’s rising demand for housing. The site is cleared and ready for development.
| Monthly Mortgage (P&I) | $6,535 |
| Property Tax (MLS) | $2,792 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $9,327 |
Down payment: $300,000 (20.0%) · Mortgage: $1,200,000
Property tax uses MLS annual tax of $33,500/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by COLLIERS
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Data last updated: August 23, 2026 at 04:25 a.m.