Rare Investment Opportunity on a Remarkable 4,790 SF Lot! This well-maintained home offers the perfect combination of immediate rental/living potential and long-term redevelopment upside. The approximately 4,790 SF parcel is now governed by Ottawa's adopted Zoning By-law 2026-50 (N3C), allowing expanded low-rise residential density with a maximum building height of 11 metres. Located immediately adjacent to Main Street Zoning 2, the property benefits from an increasingly interesting development context and potential for future intensification. Buyers are encouraged to conduct their own due diligence with the City of Ottawa regarding permitted uses, development options, setbacks, parking and approvals.In the meantime, the existing home is in good condition and offers excellent flexibility-move in, rent it out, or hold as an income-producing property while planning for the property's future potential. Recent improvements include newer paint (2022), updated kitchen light fixtures, replacement light switches throughout, and refreshed doors, creating a clean and comfortable living space.The rear porch provides convenient storage and connects to a spacious, accessible laundry area. The fully fenced backyard offers generous green space and a patio, providing plenty of room for outdoor enjoyment today while preserving valuable future parking space.Ideally situated just steps from the river and Britannia Beach, with convenient access to shopping, schools and public transportation. A rare opportunity to acquire a property that works as a home today and offers compelling land value and redevelopment potential for tomorrow.Live in it. Rent it. Hold it. Develop it when the timing is right.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Total Approx Floor Area:
700-1100
Lot Depth:
100'½"30.5 m
Lot Frontage:
48'14.6 m
Direction Faces:
East
Bedrooms:
2
Bathrooms:
1.0
Water supply:
Municipal
Kitchens:
1
Bedrooms Above Grade:
2
Kitchens Above Grade:
1
Rooms Above Grade:
5
Zoning:
N3C
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Block
Roof:
Asphalt Shingle
Basement:
Crawl Space
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Spaces:
3
Total Parking Spaces:
3.0
Family Room:
Yes
Possession Details:
ASAP
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Taxes:
$3,313 /
2025
Assessment:
$- /
2025
Ottawa
Britannia - Lincoln Heights and Area
6101 - Britannia
None
Stove, Dryer, Washer, Refrigerator, Dishwasher, Hood Fan
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