Single Family For Sale

For Sale
2
$ 549,900
Ottawa, Ontario K1Z7N4
2 Bed
1 Bath
Acre Acre
2 Room
Built Year 1950
QR Code

About this property

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. Also listed as a development lot under MLS # 1322575. (id:48414)

Snapshot

Property Type : Single Family
Listing Type : For Sale
Listing ID : 1322571
Price : $549900
Bedrooms : 2
Rooms : 2
Bathrooms : 1
Half Bathrooms : 0
Square Footage : 0.15 Acre
Year Built : 1950
Lot Area : 0 Sqft

Features

Heating System : Forced Air
Cooling System : Central Air Conditioning
Basement : Crawl Space (unfinished)
Fireplace : True
Parking : 4
Furnished : Unfinished
Amenities Near By : Shopping, Public Transit, Recreation Nearby
Land Sewer : Municipal Sewage System
Community : Family Oriented
Construction Style : Detached
Room Type : Bedroom, Primary Bedroom, Kitchen, Living Room, Dining Room, Foyer, 3pc Bathroom
Stories : 1
Flooring Type : Hardwood, Tile, Mixed Flooring
Architectural Style : Bungalow
Building Construction Material : Wood Frame
Building Exterior Finish : Siding
Building Fireplace Total : 1
Heating Fuel : Natural Gas

Other Information

Municipal ID : 040020226
Building Type : House
Ownership Type : Freehold
Land Size Depth : 130 Sqft
Land Size Irregular : 0.15 Sqft
Zoning Description : R2G
Parking Name : Surfaced
Room Level : Main level,Main level,Main level,Main level,Main l
Land Size Total : 0.15 Acre
Listing Provided by : KELLER WILLIAMS INTEGRITY REALTY
Land SizeFrontage : 50 Sqft

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