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