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$1,299,900
Est. payment /mo
4 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 4202 - Hintonburg
MLS Listing ID X11970196
Style 2-Storey
Bedrooms 4
Building Age 100+
Annual Tax Amount $5,700
Tax Year 2024
Property Sub-Type Duplex
Property Description
*Prime Development Opportunity - Well-Maintained Duplex on Oversized Lot * Located just 350 meters (a 5-minute walk) from the Bayview O-Train stop, this rare 66' x 100' R4UB-zoned lot presents a prime opportunity for investors and developers alike. With a well-maintained duplex occupying only half the lot, the remaining 33 feet offers endless potential for future development. Zoning allows for a 4-storey, 8-unit building (buyer to verify). Property Highlights:Duplex with Two Updated 2-Bedroom Units. Unit 1: Renovated 2-bed, 1-bath with in-unit laundry, leased month-to-month at $1,600 to an exceptional long-term tenant. Unit 2: Owner-occupied for 25 years, offering a projected rent of $2,400-$2,500/month. Features two balconies with stunning views of the downtown skyline and Gatineau Hills.Two Hydro Meters. Key Upgrades: Furnace (2023), AC (~2013), Roof (~2013), Sewer, Drain & Water Lines Updated. Rewired. This is a rare chance to acquire a solid income property with significant development potential in a high-demand location. Steps from transit, minutes to downtown, and surrounded by future growth
Location
Province ON
County Ottawa
Community 4202 - Hintonburg
Area Ottawa
Zoning R4UB
Rooms
Basement Other
Kitchen 2
Interior
Interior Features Separate Hydro Meter
Cooling Central Air
Inclusions 2 refrigerators, 2 stoves, 2 dishwashers, 2 washers, 2 dryers
Exterior
Parking Features Detached
Garage Spaces 1.0
Pool None
View Downtown, Panoramic, Hills
Roof Type Rolled
Total Parking Spaces 3
Building
Foundation Stone
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Lited by ENGEL & VOLKERS OTTAWA