$824,900

Vacant Land For Sale In Carlingwood West - Glabar Park - McKellar Heights, Ottawa, Ontario

$824,900

Property Information:

Single-family detached home with R4D zoning and proposed new Ottawa Mainstreet 1 (MS1) commercial zoning, presenting a compelling opportunity for investors, developers, and land bankers. Currently configured as a single-family residence with potential for duplex conversion, providing immediate rental income opportunities while planning for future redevelopment. Situated on a desirable 50' x 100' lot, the property offers significant upside through a variety of permitted uses under existing R4D zoning, with additional future potential through the proposed MS1 designation. Municipal water and sewer services are available, and hydro servicing is in place, enhancing the site's development appeal. The existing home is comfortable and functional, making this an ideal buy-and-hold asset with income potential today and long-term redevelopment value for the future. (id:27)

Building Features:

  • Floor Space: 5000 sqft

Property Features:

  • Property Type: Vacant Land
  • Floor Space (approx): 5000 Square Feet
  • Irregular: Yes
  • Lot Depth: 100 Feet
  • Lot Frontage: 50 Feet
  • Lot Size: Bldg=50 x 100 FT
  • Zoning: R4D

Courtesy of: RIGHT AT HOME REALTY

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.