Description
Exceptional Opportunity for Investors, Multi-Generational Families, or Owner-Occupants! This formerly triplex property offers a rare chance to secure immediate vacant possession, set market rents, and choose your own tenants. Ideal for investors, extended families, or buyers seeking long-term upside, income potential, and future redevelopment opportunities. Located on a 47' x 113' lot and zoned R4, the property provides strong development and value-add potential in a highly desirable Ottawa location. The layout includes a 3-bedroom upper unit, a 2-bedroom main floor unit, and a 1-bedroom basement unit, all finished with carpet-free flooring for durability and low maintenance. Built in 1956 and lovingly held as a family home since April 1965, the property combines solid construction with timeless character. It is ready to be enjoyed as-is or thoughtfully modernized to suit your vision. A standout feature is the abundant storage throughout, offering rare and practical functionality across all levels. The basement unit provides added income potential and flexibility, making it well-suited for multi-generational living or investors aiming to maximize returns. An attached garage offers versatile space, ideal for storage or a very small vehicle. Conveniently located just minutes from downtown Ottawa, the property benefits from strong rental demand with close proximity to transit, parks, schools, and amenities. Recent updates include PVC windows and a newer roof, helping reduce near-term maintenance costs. Three hydro meters are already in place for efficient utility management. With vacant possession, strong location fundamentals, and multiple future pathways, this property presents a compelling combination of immediate income potential, long-term appreciation, and redevelopment opportunity in one complete package. (id:13843)
Details
| MLS # | X13246442 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 139 |
| Listing Provided By | RE/MAX DELTA REALTY | Elise Da Ponti |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,000 |
| Garage | 4 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | R4E |
Interior
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Refrigerator, Dishwasher, Cooktop, Garage door opener remote(s), Water Heater |
| Fireplace Yes / No | Yes |
Exterior
| Security Features | Smoke Detectors |
|---|---|
| Lot Features | Carpet Free, Guest Suite, In-Law Suite |
| Foundation Details | Block |
| Fencing | Fenced yard, Fully Fenced |
Parking
| Parking Features | Attached Garage, Garage, Inside Entry |
|---|---|
| Parking Total | 4 |
Utilities
| Utilities | Sewer, Electricity, Cable |
|---|---|
| Sewer | Sanitary sewer |
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 6300 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1L7A9 |
| Listing VS Median (in K1L7A9) | |
Price: $675,000 low | high Med: $675,000 sqft: 2,000 low | high Med: 2,000 $ / sqft: $338 low | high Med: $338 On site: 139 low | high Med: 139 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1L7A9 |
| Listing VS Median (in K1L7A9) | |
Price: $675,000 low | high Med: $675,000 sqft: 2,000 low | high Med: 2,000 $ / sqft: $338 low | high Med: $338 On site: 139 low | high Med: 139 | |
