$580,000

House For Sale In Iris, Ottawa, Ontario

$580,000
  • 4

    Bedrooms

  • 2

    Baths

  • 50 x 100.3 FT

    Lot Size

Property Information:

PRIME LOCATION FOR DEVELOPMENT - ATTENTION INVESTORS, BUILDERS & DEVELOPERS! Unlock incredible value with this prime real estate opportunity in a highly sought-after, high-density rental pocket. Situated just minutes from Algonquin College, major transit hubs, shopping, and local amenities, this property boasts unbeatable location mechanics for maximum future returns. REBUILD OR REMODEL: The existing bungalow offers an ideal footprint for a complete transformation. Basement remediation following a water damage in 2022 and July 2026 was completed in September 2026, bringing the lower level back to a clean slate ready for your finishes, while extensive renovations are still required on the upper level. THE REAL VALUE IS IN THE LAND: For builders and developers, this prime parcel offers the ultimate blank canvas. Under the new zoning provisions, this intensification-ready site presents ideal potential for a semi-detached severance or a multi-unit development project tailored to capture the area's insatiable student and rental demand. Property is being sold in "AS IS, WHERE IS" condition with no representations or warranties. Buyers are advised to conduct their own due diligence regarding zoning, setbacks, and severance potential with the municipality. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Architectural Style: Bungalow
  • Basement Type: Full
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick
  • Floor Space: 1100 - 1500 sqft
  • Flooring Type: Hardwood
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Electric
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3+1
  • Bathrooms: 2
  • Amenities Nearby: Public Transit
  • Floor Space (approx): 1100 - 1500 Square Feet
  • Irregular: Yes
  • Lot Depth: 100.2 Feet
  • Lot Frontage: 50 Feet
  • Lot Size: 50 x 100.3 FT
  • Zoning: Mainstreet Zone 2 (MS2)
  • Sewer: Sanitary sewer
  • Parking Type: Attached garage, Garage
  • No. of Parking Spaces: 2

Rooms:

  • Furnace Basement Level 3.81 m x 2.45 m
  • Laundry Basement Level 3.44 m x 2.62 m
  • Bedroom Basement Level 3.88 m x 3.35 m
  • Bathroom Basement Level 2.62 m x 1.64 m
  • Utility Basement Level 5.88 m x 3.34 m
  • Living Main Level 4.69 m x 3.48 m
  • Dining Main Level 3.20 m x 3.48 m
  • Primary Bedroom Main Level 3.36 m x 3.52 m
  • 2nd Bedroom Main Level 2.46 m x 3.04 m
  • 3rd Bedroom Main Level 3.51 m x 2.75 m
  • Bathroom Main Level 2.45 m x 2.28 m
  • Kitchen Main Level 4.21 m x 2.52 m

Courtesy of: Royal LePage Integrity Realty

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