*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 (id:61594)
MLS® Number | X11970196 |
Property Type | Single Family |
Community Name | 4202 - Hintonburg |
Parking Space Total | 3 |
Bathroom Total | 2 |
Bedrooms Above Ground | 4 |
Bedrooms Total | 4 |
Amenities | Separate Electricity Meters |
Appliances | Dishwasher, Dryer, Refrigerator, Two Stoves, Two Washers |
Cooling Type | Central Air Conditioning |
Exterior Finish | Vinyl Siding |
Foundation Type | Stone |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Stories Total | 2 |
Type | Duplex |
Utility Water | Municipal Water |
Detached Garage | |
Garage |
Acreage | No |
Sewer | Sanitary Sewer |
Size Depth | 99 Ft |
Size Frontage | 66 Ft |
Size Irregular | 66 X 99 Ft |
Size Total Text | 66 X 99 Ft |
Zoning Description | R4ub |
https://www.realtor.ca/real-estate/27908812/7-lowrey-street-ottawa-4202-hintonburg
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