3 Bedroom
3 Bathroom
1,100 - 1,500 ft2
Central Air Conditioning
Forced Air
$1,189,000
Prime Development Opportunity, 5 Minutes from Downtown Ottawa! Attention developers and investors! Are you looking for a development opportunity on a prominent Ottawa street? Look no further! This rarely offered 12,000+ sq. ft. lot (73 x 170.86) has outstanding potential in a highly desirable central location. Currently zoned IA1 (Institutional), the property has already undergone pre-consultation for rezoning to AM (Arterial Mainstreet), unlocking opportunities for high-density residential, mixed-use commercial, or multi-unit rental development. Perfectly positioned just minutes from downtown Ottawa, this site is within walking distance to public transit, parks, schools, shopping, dining, and major employment hubs - a location that ensures strong rental demand and long-term appreciation.The property currently includes a rented 3-bedroom, 2-bathroom residence with a workshop area plus a separate 1-bedroom basement apartment with private entrances, providing immediate rental income. With zoning flexibility, income potential and an unbeatable location, this is a versatile investment with both short-term returns and long-term growth in one of Ottawas fastest-developing corridors. Don't miss this opportunity, book your private viewing today. (id:53341)
Property Details
MLS® Number
|
X12366549 |
Property Type
|
Single Family |
Neigbourhood
|
Rideau-Rockcliffe |
Community Name
|
3504 - Castle Heights/Rideau High |
Equipment Type
|
Water Heater |
Features
|
In-law Suite |
Parking Space Total
|
7 |
Rental Equipment Type
|
Water Heater |
Building
Bathroom Total
|
3 |
Bedrooms Above Ground
|
3 |
Bedrooms Total
|
3 |
Appliances
|
Dishwasher, Dryer, Stove, Washer, Refrigerator |
Basement Features
|
Apartment In Basement, Separate Entrance |
Basement Type
|
N/a |
Construction Style Attachment
|
Detached |
Cooling Type
|
Central Air Conditioning |
Exterior Finish
|
Brick Veneer |
Foundation Type
|
Poured Concrete |
Half Bath Total
|
1 |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Stories Total
|
2 |
Size Interior
|
1,100 - 1,500 Ft2 |
Type
|
House |
Utility Water
|
Municipal Water |
Parking
Land
Acreage
|
No |
Sewer
|
Sanitary Sewer |
Size Depth
|
170 Ft ,6 In |
Size Frontage
|
72 Ft ,8 In |
Size Irregular
|
72.7 X 170.5 Ft |
Size Total Text
|
72.7 X 170.5 Ft |
Zoning Description
|
Ia1 (institutional) |