This 4-bedroom, 2-bathroom single family in Ottawa is available for your consideration. 1 storey. The property has lot dimensions of 50 x 112 FT. The home features forced air, natural gas heating, central air conditioning, a finished, full basement.
Attention developers and investors - prime redevelopment opportunity with significant upside. Positioned in a rapidly intensifying corridor in Ottawa, this property is zoned MC(2179)H(40) - a highly flexible Mixed-Use Centre designation that permits a wide range of residential and commercial uses, including low- to mid-rise multi-unit development. With a maximum building height of 40 meters, this zoning offers substantial density potential well beyond typical low-rise permissions (buyer to verify), making it ideal for a 6-plex, stacked flats, or more ambitious future redevelopment concepts. The lot measures approximately 112.07 ft x 49.94 ft (5,586 sq ft) and benefits from a functional layout with rear access via laneway, supporting efficient site planning and rear parking configurations - a key advantage for multi-unit development. There is also potential for land assembly with neighboring properties (buyer to verify), presenting an opportunity to secure a larger footprint and unlock greater scale. The existing 3+1 bedroom bungalow with garage and 2 full bathrooms provides interim holding income while development plans are advanced. Located in a high-demand area, the property is within walking distance to LRT, major transit routes, Place d'Orléans Shopping Centre, grocery stores, restaurants, fitness centers, and medical services - an increasingly desirable node for higher-density residential living. Opportunities with this level of zoning flexibility and intensification potential are becoming increasingly scarce. Secure your position in a growing market with strong long-term redevelopment upside. (id:60351)
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Stove, Dryer, Washer, Refrigerator, Dishwasher
Listed by Todd Gingras, EXP REALTY
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Listing represented by Todd Gingras, EXP REALTY · MLS# X13069516
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.