Ottawa Living 4 Bdrm 2 Bth - Lowrey St

Ottawa, ON K1Y 2S5
$1,350,000
For Sale
  • Ottawa, ON K1Y 2S5
  • 1,350,000

Description

*Prime Development Opportunity - Well-Maintained Duplex on Oversized Lot * Located just 350 meters (a 5-minute walk) from the Bayview O-Train stop, this rare 66' x 100' R4UB-zoned lot presents a prime opportunity for investors and developers alike. With a well-maintained duplex occupying only half the lot, the remaining 33 feet offers endless potential for future development. Zoning allows for a 4-storey, 8-unit building (buyer to verify). Property Highlights:Duplex with Two Updated 2-Bedroom Units. Unit 1: Renovated 2-bed, 1-bath with in-unit laundry, leased month-to-month at $1,600 to an exceptional long-term tenant. Unit 2: Owner-occupied for 25 years, offering a projected rent of $2,400-$2,500/month. Features two balconies with stunning views of the downtown skyline and Gatineau Hills.Two Hydro Meters. Key Upgrades: Furnace (2023), AC (~2013), Roof (~2013), Sewer, Drain & Water Lines Updated. Rewired. This is a rare chance to acquire a solid income property with significant development potential in a high-demand location. Steps from transit, minutes to downtown, and surrounded by future growth

****** MORE PHOTOS HERE:

www.newhoperealty.ca/ON/ottawa/k1y2s5/13425845-MLS-X11970196-na-7-Lowrey-St

Jon Cakpo
Realtor
Power Marketing Real Estate Inc. Brokerage
For More Information Call 613-777-8937
Whatsapp: 613-413-5781
Not Intended to Solicit Clients Currently Under Contract



Want to know what your house is worth? Its easy just copy paste the link below:

https://www.newhoperealty.ca/node/add/free_home_valuation/lead_form_view?step=1

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Call: 613-777-8937
Whatsapp: 613-413-5781


Listing Office : ENGEL & VOLKERS OTTAWA

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Details

  • Bathrooms: 2
  • Bedrooms: 4
  • For Sale By: Professional

Location

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