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4320 Bank Street, Blossom Park - Airport and Area, ON K1T 3W8

Vacant Land
$1,400,000
Property tax
$4,858 / year

Exceptional redevelopment opportunity on Bank Street offering a rare chance to secure a high visibility land holding in one of Ottawa's evolving corridors. This vacant parcel presents outstanding potential for future residential, strategic development opportunities and the option for severance subject to buyer due diligence and municipal approvals. Positioned along a major arterial route with strong accessibility and exposure to Findlay Creek and South Keys, the site offers flexibility for investors, builders, and developers seeking a location with long term growth potential. Convenient access to surrounding amenities, transportation corridors, and established communities makes this an attractive acquisition for future redevelopment. Buyer to complete their own investigations regarding zoning, servicing, permitted uses, and development feasibility.

MLS number
X13656744
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
K1T 3W8
Photos
18
32days · this listing
81days · this property (2 listings)

This home has been listed 2 times in the last two years. "This property" adds up the days each of those listings was actually on the market before being withdrawn, suspended or expiring — the quiet months between them are not counted.

Listing history

81 days on the market across 2 listings
This listing shows 32 days on its own. The counter restarts each time a property is relisted, so the total above is how long it has actually been for sale. Time when it was off the market is not counted.

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this home is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Vimy Ridge Public School
Ottawa-Carleton DSB
Elementary1.9 km7.5 / 10
75% met the standard
St. Veronica Catholic Elementary School
Ottawa CSB
Elementary1.9 km7.1 / 10
71% met the standard
Blossom Park Public School
Ottawa-Carleton DSB
Elementary2.4 km2.8 / 10
28% met the standard
École élémentaire catholique Sainte-Bernadette
CSDC du Centre-Est de l'Ontario
Elementary2.4 km7.2 / 10
72% met the standard
St Bernard Elementary School
Ottawa CSB
Elementary2.5 km6.5 / 10
65% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 388 people.

$120,000Median household income
45.5%Own their home
83.3%Detached houses
41.6Median age
25.4%Born outside Canada
19.7%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35060823 — the few blocks around this address, home to 388 people. It describes the area, not this property.

388Population
41.2Average age
2.6Household size
$114,000Average household income
$120,000Median household income
46%Own their home
55%Rent
0%Condominiums
25%Born outside Canada
20%University degree
$1,080,000Average home value
3%Low income
35%Not in the labour force
30%Never married
$50,000 to $59,9994%
$60,000 to $69,9994%
$70,000 to $79,9997%
$80,000 to $89,9994%
$90,000 to $99,9992%
$100,000 and over41%
$100,000 to $124,9999%
$125,000 to $149,9999%
$150,000 to $199,9997%
$200,000 and over13%

Percentages are of the 230 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$280,000 · minimum here is $115,000
$6,198.90per month
Borrowed before insurance$1,120,000
Total borrowed$1,120,000
Interest over 25 years at 4.5%$739,669

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$4,270.73per month out of pocket
Rent$2,333.00
Everything it costs to hold$6,603.73
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX ABSOLUTE WALKER REALTY. Listing data provided by the Toronto Regional Real Estate Board.