Property Information:

23 Wright Street sits in one of the most sought-after pockets of Overbrook; between the Vanier Parkway and the Rideau River, within walking distance of the river's pathway system and the Adàwe pedestrian bridge connecting directly to Sandy Hill and downtown Ottawa. This property is being offered alongside its immediate neighbour at 25 Wright Street, and together the two lots represent a rare side-by-side opportunity in a neighbourhood where infill activity is well underway and actively reshaping the streetscape block by block. As an estate sale, both properties are being conveyed in their current conditions. As-built, 23 Wright Street currently operates as a triplex: a 3 bedroom/1 bathroom main floor unit (empty) and two 1 bedroom/1 bathroom basement apartments, all occupied by long-standing tenants whose rents sit meaningfully below current market rates. A buyer can hold and re-position over time or proceed to redevelopment as the surrounding blocks have seen a steady pace of replacement builds, with developers delivering modern semis and singles on similarly-sized lots throughout the area. This is a great infill candidate. The property includes a single carport and a large laneway with room for at least four vehicles. Hurdman LRT Station is minutes away, OC Transpo routes 12, 14, and 18 serve the area, Highway 417 is within easy reach, and downtown Ottawa is under 10 minutes by transit. Loblaws on McArthur Avenue, the commercial strip along Montreal Road, and Beechwood Village are all close by, and the Rideau River pathway is steps from the door. For a buyer seeking land in a tight, downtown-adjacent market, two adjacent lots in this location rarely align. Further details on 23 and 25 Wright are available upon request. (id:27)

Building Features:

Style: Detached
Building Type: House
Architectural Style: Bungalow
Basement Development: Finished
Basement Type: Full
Construction Style - Attachment: Detached
Exterior Finish: Brick
Floor Space: 1500 - 2000 sqft
Foundation Type: Block
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 3+2
Bathrooms: 3
Amenities Nearby: Public Transit
Community Features: Community Centre
Features: Cul-de-sac, Flat site
Floor Space (approx): 1500 - 2000 Square Feet
Irregular: Yes
Lot Depth: 100 Feet
Lot Frontage: 52.2 Feet
Lot Size: 52.3 x 100 FT
Structure Type: Shed
Zoning: Residential
Sewer: Sanitary sewer
Parking Type: Carport, No Garage
No. of Parking Spaces: 5

Courtesy of: RE/MAX HALLMARK REALTY GROUP

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Demographic Information of 23 WRIGHT STREET, Ottawa, Ontario, K1K 2C8

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$127,598.55

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.23 %

High school certificate or equivalent

23.65 %

Apprenticeship trade certificate/diploma

3.81 %

College/non-university certificate

17.6 %

University certificate (below bachelor)

3.79 %

University Degree

37.92 %

Commuter

Travel To Work

By Car

70.59 %

By Public Transit

16.55 %

By Walking

7.37 %

By Bicycle

4.52 %

By Other Methods

0.97 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

60.23 %

Houses

39.77 %

23 WRIGHT STREET, Ottawa, Ontario, K1K 2C8