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$995,000
Est. payment /mo
8 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500 - 2000
Subdivision 3402 - Vanier
MLS® Listing ID X14171048
Bedrooms 8
Property Description
RARE SUB-$1M DOUBLE-LOT INVESTMENT & DEVELOPMENT OPPORTUNITY IN BEECHWOOD VILLAGE. Landmark acquisition opportunity positioned just off Beechwood Avenue. Offered at $995,000, this expansive 66' x 100' double parcel (two tax rolls) represents one of the premier holdings in Vanier North/Beechwood Village. Ideal for both strategic buy-and-hold investors looking to capitalize on strong long-term appreciation and rental upside, or multi-family builders seeking immediate redevelopment value. Benefiting from City of Ottawa N4B H(11) zoning, the site supports an 11-metre (3-storey) height profile, offering a streamlined as-of-right path for an 8 to 12-unit residential project (~$99,500/door land basis). Features an outstanding street-level orientation with open corridor views and an exceptional walkability score-steps to Beechwood's dining, artisanal bakeries, boutique shops, and parks, plus a swift commute to Downtown Ottawa and Parliament Hill. A versatile asset with outstanding underlying land value in a proven, high-demand urban growth market. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Cooling None
Exterior
Parking Features Yes
View Y/N No
Attached Garage No
Total Parking Spaces 5
Garage Yes
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Others
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