West Centre Town K1Y 1Z2

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 4 BR
Bathrooms: 2
Pets: Pets No

Financials

Price:C1,248,000
($893,393.28)
(€798,207.09)
Annual Taxes:C7,332
505 Park Ave, New York, NY 10022

Description

PRIME Development Opportunity in Hintonburg! Unlock the potential of this exceptional 50 x 130 ft lot in one of Ottawa's most desirable urban neighborhoods. Zoned R4UB, this rare offering presents a wide array of development options: build a stacked or low-rise apartment (up to 12 units), sever the lot into three parcels for townhomes, semi-detached dwellings or linked-detached dwellings. The possibilities are endless! Whether you choose to tear down or repurpose the existing structure, this large, solid home opens the door to a range of lucrative opportunities. Currently a legally registered duplex, the solid home features 5 bedrooms and is being sold as is. The main floor includes a formal living, kitchen, main floor bedroom or office, spacious family room, and a 3-piece bath. Upstairs, you'll find four generously sized bedrooms, a hobby room with built-in cabinetry and sink, and a 4-piece bathroom. Additional highlights include high ceilings, hardwood floors throughout, oversized trim, and large windows that flood the home with natural light. The full, dry basement offers excellent useable space and storage, and the attached single-car garage includes convenient inside access to the home. With easy highway and transit access, and a current tenant in place providing immediate rental income, this is the ideal property for anyone looking to invest, develop, or build in a thriving urban setting. Don't miss out on this incredible opportunity, Hintonburg is waiting!

Amenities

  • Awnings
  • Carpet Free
  • In-Law Capability
  • Porch
  • Wood

PRIME Development Opportunity in Hintonburg !


    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.