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$ 849,000
Est. payment | /mo
4 Beds
2 Baths
1,100 SqFt
$ 849,000
Est. payment | /mo
4 Beds
2 Baths
1,100 SqFt
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100 - 1500
Square Footage 1,100 sqft
Price per Sqft $771
Subdivision 2007 - Convent Glen South
MLS® Listing ID X13069516
Style Bungalow
Bedrooms 4
Property Sub-Type Freehold
Property Description
Attention developers and investors - prime redevelopment opportunity with significant upside. Positioned in a rapidly intensifying corridor in Ottawa, this property is zoned MC(2179)H(40) - a highly flexible Mixed-Use Centre designation that permits a wide range of residential and commercial uses, including low- to mid-rise multi-unit development. With a maximum building height of 40 meters, this zoning offers substantial density potential well beyond typical low-rise permissions (buyer to verify), making it ideal for a 6-plex, stacked flats, or more ambitious future redevelopment concepts. The lot measures approximately 112.07 ft x 49.94 ft (5,586 sq ft) and benefits from a functional layout with rear access via laneway, supporting efficient site planning and rear parking configurations - a key advantage for multi-unit development. There is also potential for land assembly with neighboring properties (buyer to verify), presenting an opportunity to secure a larger footprint and unlock greater scale. The existing 3+1 bedroom bungalow with garage and 2 full bathrooms provides interim holding income while development plans are advanced. Located in a high-demand area, the property is within walking distance to LRT, major transit routes, Place d'Orléans Shopping Centre, grocery stores, restaurants, fitness centers, and medical services - an increasingly desirable node for higher-density residential living. Opportunities with this level of zoning flexibility and intensification potential are becoming increasingly scarce. Secure your position in a growing market with strong long-term redevelopment upside. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Extra Room 1 Main level 3.91 m X 5.43 m Living room
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features Yes
View Y/N No
Attached Garage Yes
Total Parking Spaces 3
Garage Yes
Private Pool No
Building
Story 1
Sewer Sanitary sewer
Architectural Style Bungalow
Others
Ownership Freehold
Listed by EXP REALTY
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