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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

Est. payment | -/mo

3 Beds

2 Baths

Save

Est. payment | -/mo

Save

3 Beds

2 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision 7302 - Meadowlands/Crestview

MLS Listing ID X13810390

Style Bungalow

Bedrooms 3

Annual Tax Amount $4,986

Tax Year 2026

Property Sub-Type Detached

Property Description

PRICED FOR LAND VALUE - EXCEPTIONAL DEVELOPMENT POTENTIAL! CORNER LOT! (125.46 feet by 77.49 feet). An outstanding opportunity for builders, developers and investors to capitalize on a property offering exciting future possibilities under N2E zoning. The value here is in the LAND and its redevelopment potential. Under the City of Ottawa's new zoning framework, N2 - Neighbourhood Zone 2 provides increased residential development flexibility, permitting a density of up to 1.5 dwelling units per 100 m of lot area, to a maximum of 6 dwelling units per building, subject to lot dimensions, servicing, setbacks and all applicable City requirements. The "E" subzone reflects a more suburban development pattern, including an 18-metre minimum lot width and 6-metre minimum front-yard setback. This creates an exciting opportunity to explore a variety of redevelopment concepts and residential configurations, making this an attractive land acquisition for those looking toward future intensification and long-term value. Buyers are encouraged to complete their own due diligence with the City of Ottawa regarding their intended development plans. The property is currently improved with a detached bungalow that is tenant-occupied, providing existing rental income while a purchaser explores future development opportunities. A property to buy for today, but with an eye firmly on tomorrow - LAND VALUE, INCOME and DEVELOPMENT POTENTIAL all in one! Current rental income is $4295/month and viewing will only be allowed upon acceptance of an offer since being sold for LAND POTENTIAL!

Location

Province ON

County Ottawa

Area Ottawa

Zoning N2E

Rooms

Family Room No

Basement Finished

Kitchen 1

Separate Den/Office 2

Interior

Interior Features None

Cooling Central Air

Inclusions All appliances and Hot Water Tank

Exterior

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 125.46

Lot Depth 77.49

Total Parking Spaces 6

Building

Foundation Block

Others

Senior Community Yes

ParcelsYN No

Listed by ROYAL LEPAGE PERFORMANCE REALTY

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119 Fieldrow ST Meadowlands - Crestview And Area, ON K2G 2Y8