




This vacant land in Ottawa offers 14,402 sqft of building area. The property has lot dimensions of 120.26 x 120.5 FT.
Two contiguous single-family freehold homes packaged together for a multifamily redevelopment site or a buy-and-hold opportunity. The new official zoning designation for the property once finally approved by the city will be N4B. This will permit a height allowance of 12.5 meters, rear yard set back of 7.5 meters, front yard set back of 3 meters, and side yard set backs of 1.8 meters combined. No parking will be required with the new zoning. The total frontage is 120 feet by 120 feet in depth, offering a combined lot of 14,402 square feet. Initial estimates project a floor plate of approximately 9,690 sf with the incoming zoning. Both homes are rented for a combined amount of $6,100 per month. Utilities extra. Great passive income during a redevelopment planning period. The two homes must be sold together. (id:60351)
| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| — | Price Changed | X12424140 | $1,575,000 | -21.2% |
| Sep 24, 2025 | Listed For Sale | X12424140 | $1,999,000 | — |
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Listed by Mitch Gauzas, ROYAL LEPAGE INTEGRITY REALTY
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Listing represented by Mitch Gauzas, ROYAL LEPAGE INTEGRITY REALTY · MLS# X12424140
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.