EXCITING INVESTMENT & FUTURE DEVELOPMENT OPPORTUNITY | R2N ZONING | 0.346 ACRES. A rare chance to own a large 15,090 sq ft lot in the city with tons of potential, whether you're looking to invest, build down the road, or live on-site while you plan. Zoned R2N, this urban property allows for severance into 3 lots by right, or 4 with a minor variance, giving you plenty of flexibility for the future.The current home is a solid 1,200 sq ft all-brick bungalow with an attached garage, a detached garage, and rear entrance, making it ideal for a basement in-law suite or rental unit. Live in the home, rent it out, or do both while you explore your development options. Located in a fast-growing area just minutes from the LRT, Cyrville Rd, Innes Rd, and Highway 417, it's a commuter-friendly spot with strong future upside. Recent developments on nearby streets show whats possible here, and Bill 23 continues to support adding more housing within the city. Preliminary studies suggest the lot could support up to 16 units in the future, such as semi-detached homes with Secondary Dwelling Units (SDUs) all subject to city approvals. Whether you're a hands-on investor or looking for a smart long-term hold, this property offers immediate value with rental income potential and future development upside. |
Price | $950,000 |
Taxes: | $5335.00 |
Occupancy: | Vacant |
Address: | 1399 Aurele Stre , Cyrville - Carson Grove - Pineview, K1B 3L4, Ottawa |
Acreage: | < .50 |
Directions/Cross Streets: | Meadow and Cyrville |
Rooms: | 11 |
Bedrooms: | 4 |
Bedrooms +: | 0 |
Family Room: | F |
Basement: | Development , Finished |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | Main |
Washroom Type 2 | 3 | Basement |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Total Area: | 0.00 |
Approximatly Age: | 51-99 |
Property Type: | Vacant Land |
Style: | Bungalow |
Exterior: | Brick |
Garage Type: | Attached |
(Parking/)Drive: | Private Do |
Drive Parking Spaces: | 4 |
Park #1 | |
Parking Type: | Private Do |
Park #2 | |
Parking Type: | Private Do |
Pool: | None |
Other Structures: | Additional Gar |
Approximatly Age: | 51-99 |
Approximatly Square Footage: | 1100-1500 |
Property Features: | Level, Public Transit |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Radiant |
Central Air Conditioning: | Central Air |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Elevator Lift: | False |
Sewers: | Sewer |
Utilities-Cable: | A |
Utilities-Hydro: | Y |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX HALLMARK REALTY GROUP |
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Book Showing | Email a Friend |
Type: | Freehold - Vacant Land |
Area: | Ottawa |
Municipality: | Cyrville - Carson Grove - Pineview |
Neighbourhood: | 2204 - Pineview |
Style: | Bungalow |
Approximate Age: | 51-99 |
Tax: | $5,335 |
Beds: | 4 |
Baths: | 2 |
Fireplace: | N |
Pool: | None |