Discover a rare investment opportunity with this versatile property, currently generating steady rental income while offering significant potential for future development. Situated in a desirable location, this property is already a lucrative rental, bringing in $4,000 per month, ensuring immediate cash flow for investors. However, the true value lies in its untapped potentialthe lot extends an additional 50 feet beyond the existing fence, presenting a unique opportunity for expansion or redevelopment.The current structure is a well-maintained rental property, appealing to long-term tenants and providing a reliable income stream. With its spacious layout and modern amenities, it attracts high-quality tenants, making it a low-maintenance investment for those looking for passive income. The propertys location is ideal, close to essential amenities, schools, transportation hubs, and thriving commercial areas, ensuring consistent demand in the rental market.What sets this property apart is its development potential. The additional 50 feet of land beyond the fence opens the door to a variety of possibilities. Whether youre considering expanding the existing structure, building additional units, or creating a mixed-use development, this property offers the flexibility to maximize your investment. The area is ripe for growth, with increasing demand for housing and commercial spaces, making it an ideal time to capitalize on this opportunity.For investors looking to diversify their portfolio, this property offers the best of both worlds: immediate rental income and long-term appreciation through development. Whether youre a seasoned developer or a first-time investor, this property is a standout opportunity to build equity and generate substantial returns. Dont miss out on this chance to own a property with proven income potential and exciting future prospects. Schedule a viewing today and explore the possibilities! (id:48414)
| MLS® Number | X11974621 |
| Property Type | Single Family |
| Neigbourhood | Gloucester |
| Community Name | 2106 - Cardinal Heights |
| Features | Irregular Lot Size |
| Parking Space Total | 12 |
| Bathroom Total | 2 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Amenities | Fireplace(s) |
| Appliances | Water Heater |
| Architectural Style | Bungalow |
| Basement Development | Finished |
| Basement Type | N/a (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Aluminum Siding |
| Fireplace Present | Yes |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Type | House |
| Utility Water | Municipal Water |
| Detached Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 262 Ft ,11 In |
| Size Frontage | 60 Ft |
| Size Irregular | 60 X 262.98 Ft |
| Size Total Text | 60 X 262.98 Ft |
https://www.realtor.ca/real-estate/27920002/1007-blair-road-ottawa-2106-cardinal-heights
Or fill out the form below and one of our agents will get back to you asap.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Houses for Sale in Almonte
Houses for Sale in Arnprior
Houses for Sale in Calabogie
Houses for Sale in Carleton Place
Houses for Sale in Carp
Houses for Sale in Dunrobin
Houses for Sale in Findlay Creek
Houses for Sale in Glebe
Houses for Sale in Kemptville
Houses for Sale in Lanark
Houses for Sale in Merrickville
Homes for Sale in Mississippi Mills
Houses for Sale in Munster
Homes For Sale in Ottawa
Houses for Sale in Perth
Homes for Sale in Richmond
Ottawa Property Shop Realty offers a very unique experience to buyers and sellers. Our boutique-style brokerage has teamed up with Ottawa’s most talented realtors to offer our clients the best experience possible.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. The listing content on this website is protected by copyright and other laws and is intended solely for private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website. This Website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association. MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.
The listing content on this website is protected by copyright and other laws and is intended solely for private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole, or in part, is specifically forbidden.
© 2024 – All Rights Reserved.
Masoud Badre, Broker
Ottawa Property Shop, Realty Inc. Brokerage
Locally Owned and Operated
<a href=”/sitemap/”>Sitemap</a>
