348 Woodroffe Avenue, Woodroffe, ON
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Property Highlights
Welcome to this remarkable 2-Storey store w apt/office located in the coveted neighborhood of 6002 - Woodroffe. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $599,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 30.78 x 174.2 ft lot
- Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
- 15.0 total parking spaces available
- Notable attributes: None
- Efficient forced air heating via gas
Description
This property presents exceptional potential for business operations, land development, or residential use. The existing structure is currently suitable for occupancy, allowing immediate use while future plans are finalized. Key Features: Zoning: Currently zoned AM10 and R4D, with the new City of Ottawa proposed H2 H zoning designation, offering strong redevelopment and commercial potential. Lot Size: Generous lot measuring 174 feet deep by 30 feet wide. Previously operated as a doctor's office, the property is ideal for reinstatement as a medical practice or adaptable to a variety of commercial or residential uses. Parking: Ample on-site parking available. The property is competitively priced.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 348 Woodroffe Avenue, Woodroffe, ON K2A 3V5
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Woodroffe, ON
For a property listed at $599,900 in Woodroffe, the legal minimum down payment is $34,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,473 for this transaction. As this listing is in Woodroffe (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
