Single-family detached home with R4D zoning and proposed new Ottawa Mainstreet 1 (MS1) commercial zoning, presenting a compelling opportunity for investors, developers, and land bankers. Currently configured as a single-family residence with potential for duplex conversion, providing immediate rental income opportunities while planning for future redevelopment. Situated on a desirable 50' x 100' lot, the property offers significant upside through a variety of permitted uses under existing R4D zoning, with additional future potential through the proposed MS1 designation. Municipal water and sewer services are available, and hydro servicing is in place, enhancing the site's development appeal. The existing home is comfortable and functional, making this an ideal buy-and-hold asset with income potential today and long-term redevelopment value for the future. (id:13843)
| MLS # | X13162702 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 153 |
| Listing Provided By | RIGHT AT HOME REALTY | Dale J. Way |
| SQ Feet | 5,000 |
|---|---|
| Zoning | R4D |
| Fireplace Yes / No | No |
|---|
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 4280 |
|---|---|
| Tax Year | 2025 |
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K2A3V4 |
| Listing VS Median (in K2A3V4) | |
Price: $824,900 low | high Med: $1,037,450 sqft: 5,000 low | high Med: 3,500 $ / sqft: $165 low | high Med: $395 On site: 153 low | high Med: 103.5 | |
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K2A3V4 |
| Listing VS Median (in K2A3V4) | |
Price: $824,900 low | high Med: $1,037,450 sqft: 5,000 low | high Med: 3,500 $ / sqft: $165 low | high Med: $395 On site: 153 low | high Med: 103.5 | |