Vacant Land For Sale

For Sale
1
$ 399,900
Ottawa, Ontario K1Z7N4
0 Bed
0 Bath
Acre Acre
0 Room
Built Year 0
QR Code

About this property

Also listed as a single-family home under MLS#1322571. Welcome to 1348 Thames Street in the great City of Ottawa. This post-war bungalow is perfectly located right where Westboro meets Carlington. An intelligent kitchen/dining addition adds valuable square footage. With R2 zoning this home’s 50x130-ft lot is coveted by the best boutique builders in the region. Buy to build yourself, or purchase to live or invest and then sell to a developer later as scarcity of infill opportunities drastically increases the value. Multiple other 50-ft lots, many with shorter depths, have been split and developed as semi-detached homes. The combined value of two new semi’s is estimated around $2M. If you have a strong mind for investment, why not build 4 units? Semi-detached homes with secondary dwelling units could total ~$10,000/month in rent and be worth up to $2.4M. Keep both for a $120,000 per year retirement or sell one to pay for the other. No conveyance of offers prior to 4PM Monday November 28. (id:48414)

Snapshot

Property Type : Vacant Land
Listing Type : For Sale
Listing ID : 1322575
Price : $399900
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 0.15 Acre
Year Built : 0
Lot Area : 0 Sqft

Features

Basement : Unknown (not Applicable)
Fireplace : False
Furnished : Not Applicable
Amenities Near By : Shopping, Public Transit, Recreation Nearby
Land Sewer : Municipal Sewage System
Land Access Type : Road Access

Other Information

Municipal ID : 040020226
Land Size Depth : 129 Sqft
Land Size Irregular : 0.15 Sqft
Zoning Description : R2G
Land Size Total : 0.15 Acre
Listing Provided by : KELLER WILLIAMS INTEGRITY REALTY
Land SizeFrontage : 50 Sqft

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