1071 & 1073 Heron Road, Billings Bridge - Riverside Park and Area

$2,250,000
1071 & 1073 Heron Road

$2,250,000

New
178d
Land

1071 & 1073 Heron Road, Billings Bridge - Riverside Park and Area

Total Monthly Obligation $10,181

Beds
0
Baths
0
Park
0
DOM
178d
Property Type-Land
MLS® Number-X13051658
Beds-0
Listed on site-Apr 28, 2026
Building Type-Land
Taxes-$8,756.67 (2025)
Brokerage-COLLIERS
Fireplace-No
Pool-None
Sewer-Sanitary+Storm
Possession-TBC
Neighbourhood-4601 - Billings Bridge
Title-Commercial

No agent assigned

1071 & 1073 Heron Road represent a compelling residential land offering in Ottawa's established Heron Park neighbourhood. The combined parcels provide strong frontage along Heron Road and are well-suited for infill residential redevelopment. The site benefits from existing residential zoning and is surrounded by a stable low-rise housing base, supporting a range of potential development outcomes. With excellent access to public transit, major arterial roadways, and nearby amenities, the proeprty offers both convenience and long-term value. This is a rare opportunity for developers and investors to acquire well-located land in a mature, supply-constrained urban neighbourhood.

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Closing Costs

Mortgage Amount
$1,800,000
Land Transfer Taxes$42,725
Legal Fees (Est.)
$
Total cash required for closing$494,225

Total Monthly Obligation

$10,181/mo
Mortgage $9,076
Monthly Loss $7,792
Principal$2,388
Interest$6,688
Property Tax$730
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1071 & 1073 Heron Road

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.