Serving Ottawa & Surrounding Communities

119 Fieldrow Street Ottawa, Ontario K2G 2Y8

5 Bedroom 2 Bathroom 700 - 1,100 ft2
Bungalow Central Air Conditioning Forced Air

$899,900

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! (id:37684)

Property Details

MLS® Number X13810390
Property Type Single Family
Community Name 7302 - Meadowlands/Crestview
Amenities Near By Park, Public Transit
Parking Space Total 6

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Below Ground 2
Bedrooms Total 5
Appliances All, Water Heater
Architectural Style Bungalow
Basement Development Finished
Basement Type N/a (finished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Stucco, Vinyl Siding
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 700 - 1,100 Ft2
Type House
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Land Amenities Park, Public Transit
Sewer Sanitary Sewer
Size Depth 77 Ft ,6 In
Size Frontage 125 Ft ,6 In
Size Irregular 125.5 X 77.5 Ft
Size Total Text 125.5 X 77.5 Ft
Zoning Description N2e

Utilities

Electricity Installed
Sewer Installed

Similar Listings — Single Family • Ottawa • For sale

For rent

44 Burlington Crescent

Ottawa, Ontario K1T 3K7

3 Bedrooms
4 Bathrooms
For sale

32 - 633 Lakeridge Drive

Ottawa, Ontario K4A 0H4

2 Bedrooms
3 Bathrooms
For sale

803 - 2625 Regina Street

Ottawa, Ontario K2B 5W8

2 Bedrooms
1 Bathroom
For sale OPEN HOUSE

715 Capricorn Circle

Ottawa, Ontario K4M 0J5

3 Bedrooms
3 Bathrooms
For sale OPEN HOUSE

1764 Plainridge Crescent

Ottawa, Ontario K4A 0L9

3 Bedrooms
3 Bathrooms
For sale OPEN HOUSE

2260 Brockstone Crescent

Ottawa, Ontario K4A 4V3

3 Bedrooms
3 Bathrooms
For sale OPEN HOUSE

2000 Wanderer Avenue

Ottawa, Ontario K4M 0X3

4 Bedrooms
3 Bathrooms
For sale

521 Sonmarg Crescent

Ottawa, Ontario K2J 7A6

3 Bedrooms
3 Bathrooms
For sale OPEN HOUSE

63 - 3691 Albion Road

Ottawa, Ontario K1T 1P2

3 Bedrooms
2 Bathrooms
For rent

1104 - 370 Dominion Avenue

Ottawa, Ontario K2A 3X4

2 Bedrooms
2 Bathrooms

https://www.realtor.ca/real-estate/30307537/119-fieldrow-street-ottawa-7302-meadowlandscrestview

Contact Us

Contact us for more information


Your Favourites

 

No Favourites Found