The Opportunity
Overview
Two contiguous single-family freehold homes packaged together for a multifamily redevelopment site or a buy-and-hold opportunity. The new official zoning designation for the property once finally approved by the city will be N4B. This will permit a height allowance of 12.5 meters, rear yard set back of 7.5 meters, front yard set back of 3 meters, and side yard set backs of 1.8 meters combined. No parking will be required with the new zoning. The total frontage is 120 feet by 120 feet in depth, offering a combined lot of 14,402 square feet. Initial estimates project a floor plate of approximately 9,690 sf with the incoming zoning. Both homes are rented for a combined amount of $6,100 per month. Utilities extra. Great passive income during a redevelopment planning period. The two homes must be sold together. (id:61970)
Investment highlights
- 01Vacant Land
Property details
- Property type
- Vacant Land
- Transaction
- sale
- Listing brokerage
- ROYAL LEPAGE INTEGRITY REALTY
- Listing representative
- Mitch Gauzas
- Board / association
- Ottawa
Financial information
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Location intelligence
Documents
Source Record
Current listing facts, with attribution intact.
- Source
- REALTOR.ca DDF®
- Listing status
- active
- Source ID
- 28907416
- Last supplied
- April 24, 2026
- Listing brokerage
- ROYAL LEPAGE INTEGRITY REALTY
- Listing representative
- Mitch Gauzas
- Board / association
- Ottawa
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Listing brokerage: ROYAL LEPAGE INTEGRITY REALTY · Listing representative: Mitch Gauzas · Board/association: Ottawa · Updated: Apr 24, 2026
Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.
