REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

$399,000
Est. payment /mo
3 Beds
2 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500 - 2000
Subdivision 3402 - Vanier
MLS® Listing ID X13821474
Bedrooms 3
Property Sub-Type Freehold
Property Description
Prime Development Opportunity Under Ottawa's New Zoning Rules! Unlock the immense potential of this 33 x 99 ft lot, perfectly positioned in one of Ottawa's most rapidly revitalizing and dynamic neighbourhoods. With Ottawa's latest Official Plan and zoning updates highly encouraging "missing middle" housing, this new N4B H(11)-zoned (Zoning source from GeoOttawa) property offers an unprecedented opportunity to build maximum-density multi-unit residential developments. Envision a highly lucrative 4-plex, multi-unit stacked townhomes, or a small low-rise apartment building, taking full advantage of relaxed parking minimums to maximize your building footprint and ROI. Ideally located just minutes to downtown and steps to the paths along the riverfront, this location offers exceptional daily convenience. Daily essentials and amenities including Green Fresh Supermarket, Loblaws, and Tim Hortons are all within walking distance. This property seamlessly blends urban convenience with natural charm, guaranteeing strong appeal to premium tenants. A rare find for forward-thinking developers or investors looking to capitalize on a neighbourhood on the rise. The property is currently connected to water, electricity, and natural gas services, offering added convenience for your development or renovation plans. Buyers to perform their own due diligence regarding new zoning capabilities. Property sold in "as is, where is" condition, strictly for land value. Act now to secure this high-upside investment! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling None
Exterior
Parking Features Yes
View Y/N No
Attached Garage No
Total Parking Spaces 6
Garage Yes
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Others
Ownership Freehold
Nearby Locations
GET MORE INFORMATION




