7 Lowrey Street Ottawa, Ontario K1Y 2S5

4 Bedroom 2 Bathroom
Central Air Conditioning Forced Air

$1,350,000

*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 (id:48414)

Property Details

MLS® Number X11970196
Property Type Single Family
Neigbourhood Hintonburg
Community Name 4202 - Hintonburg
Parking Space Total 3

Building

Bathroom Total 2
Bedrooms Above Ground 4
Bedrooms Total 4
Amenities Separate Electricity Meters
Appliances Dishwasher, Dryer, Refrigerator, Two Stoves, Two Washers
Cooling Type Central Air Conditioning
Exterior Finish Vinyl Siding
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Duplex
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 99 Ft
Size Frontage 66 Ft
Size Irregular 66 X 99 Ft
Size Total Text 66 X 99 Ft
Zoning Description R4ub

https://www.realtor.ca/real-estate/27908812/7-lowrey-street-ottawa-4202-hintonburg