ATTENTION BUILDERS, DEVELOPERS & INVESTORS! Exceptional land value and redevelopment opportunity at 1022 Maitland Avenue! Featuring City-confirmed CM2 (Minor Corridor Zone 2) zoning, this approximately 50' x 123' property offers exciting possibilities for future development and intensification. Ideally situated in an established Ottawa neighbourhood, with convenient access to Highway 417, public transit, shopping, schools and everyday amenities. An attractive location to explore future residential or mixed-use development opportunities, subject to applicable zoning provisions and municipal approvals. The property is currently improved with a 3-bedroom bungalow featuring a finished lower level and generates $3,000 per month in all-inclusive rental income, providing income while future development plans are explored. A new survey may be provided with an offer. An opportunity to invest in the land, location and future potential! Buyers to conduct their own due diligence regarding permitted uses, development feasibility and approvals. (id:48414)
| MLS® Number | X14092988 |
| Property Type | Vacant Land |
| Neigbourhood | College |
| Community Name | 5402 - Braemar Park |
| Utility Water | Municipal Water |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 123 Ft ,9 In |
| Size Frontage | 50 Ft |
| Size Irregular | 50 X 123.8 Ft |
| Size Total Text | 50 X 123.8 Ft |
| Zoning Description | Cm2 - Minor Corridor Zone 2 |
https://www.realtor.ca/real-estate/30417614/1022-maitland-avenue-ottawa-5402-braemar-park
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