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$649,000
Est. payment /mo
2 Beds
1 Bath
700 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700 - 1100
Square Footage 700 sqft
Price per Sqft $927
Subdivision 6101 - Britannia
MLS® Listing ID X13757746
Style Bungalow
Bedrooms 2
Property Sub-Type Freehold
Property Description
Rare Investment Opportunity on a Remarkable 4,790 SF Lot! This well-maintained home offers the perfect combination of immediate rental/living potential and long-term redevelopment upside. The approximately 4,790 SF parcel is now governed by Ottawa's adopted Zoning By-law 2026-50 (N3C), allowing expanded low-rise residential density with a maximum building height of 11 metres. Located immediately adjacent to Main Street Zoning 2, the property benefits from an increasingly interesting development context and potential for future intensification. Buyers are encouraged to conduct their own due diligence with the City of Ottawa regarding permitted uses, development options, setbacks, parking and approvals.In the meantime, the existing home is in good condition and offers excellent flexibility-move in, rent it out, or hold as an income-producing property while planning for the property's future potential. Recent improvements include newer paint (2022), updated kitchen light fixtures, replacement light switches throughout, and refreshed doors, creating a clean and comfortable living space.The rear porch provides convenient storage and connects to a spacious, accessible laundry area. The fully fenced backyard offers generous green space and a patio, providing plenty of room for outdoor enjoyment today while preserving valuable future parking space.Ideally situated just steps from the river and Britannia Beach, with convenient access to shopping, schools and public transportation. A rare opportunity to acquire a property that works as a home today and offers compelling land value and redevelopment potential for tomorrow.Live in it. Rent it. Hold it. Develop it when the timing is right. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Window air conditioner
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 3
Garage No
Private Pool No
Building
Story 1
Sewer Sanitary sewer
Architectural Style Bungalow
Others
Ownership Freehold
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Listed by ROYAL LEPAGE PERFORMANCE REALTY
NEARBY SCHOOL & BUSINESS
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