115 RITA AVENUE, Ottawa, Ontario
$985,000
- 3 Beds
- 1 Bath
Welcome to 115 Rita Avenue, a rare and versatile opportunity in the highly sought-after St. Claire Gardens / Citi View community. Situated on a PREMIUM 100 x 90 ft lot, this property is tucked at the quiet end of a tree-lined street in a neighbourhood known for its mature charm, modern infill, and family-friendly appeal. Whether you're an investor, builder, or future homeowner, this is a valuable canvas with tremendous potential. The severance is complete and registered with the City of Ottawa, creating two 50 x 90 ft lots (survey and severance documents on file). Municipal services are at the lot line, and a 5-ft hydro easement at the rear extends the usable depth to approx. 95 ft, offering added flexibility for future builds. This turnkey lot configuration significantly reduces development lead time and adds tremendous value for builders, investors, or end-users alike The existing 3-bedroom home is currently tenanted, generating reliable holding income while you finalize development plans. Recently painted and with a strong rental history spanning over a decade, its a value-add asset whether you choose to build now or hold long-term. Just steps from a nearby pathway to Algonquin College, and minutes to Baseline Station (future LRT stop), College Square, Merivale Road shops, and within the catchment for top-rated schools including St. Gregory, Meadowlands P.S., and Merivale High School. Option to collaborate with award-winning Canterra Design + Build to bring your vision to life. Buyers to verify all development guidelines and associated costs. Build one home, build two, or hold as an investment this property offers flexibility, location, and long-term value in one of Ottawa's most promising west-end communities. Some photos virtually staged. (id:56241)
- Listing ID: X12302981
- Property Type: Single Family
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Listing provided by ROYAL LEPAGE TEAM REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 115 RITA AVENUE in Ottawa Ontario. It was last modified on July 23rd, 2025. Contact us to schedule a viewing or to discover other Ottawa homes for sale.