Ottawa, Ontario
This property features a classic red brick storefront located in the bustling and vibrant section of Bank Street, situated in the heart of Old Ottawa South. The property spans nearly 4,000 square feet, distributed over two above-grade floors, with an additional full-height basement that is also utilized for retail display purposes. The main and second floors boast approximately 9-foot ceilings, while the basement features an 8-foot ceiling height. Situated in a well-established downtown community, the property is conveniently located just south of The Glebe and Lansdowne Park, and north of Billings Bridge, with close proximity to the Transitway. The well-established streetscape is poised for significant redevelopment, with several adjacent large land parcels demonstrating exceptional potential for future development. According to the new draft Zoning Bylaw, the property is eligible for development up to nine storeys, contingent upon the lot depth. A laneway off Chesley Street provides access to the rear of the property for loading and parking. This laneway is fully fenced and enclosed in the section directly behind this property, offering an additional 10 feet in depth which is currently used exclusively. Recent environmental assessments (Phase 1 and 2) conducted by Pinchin in 2023 confirm the property is clean. The interior features large open spaces and is equipped with two electrical services, including a 600-volt service. The property has been commercially rewired in the past, and various building modifications and improvements were undertaken. The property is equipped with two forced air furnaces, both featuring central air conditioning. (id:55625)
Ottawa, Ontario
Great future potential!! Well maintained, fully rented, central duplex in up and coming area. Great potential as either an ongoing concern with rent upside or redevelopment opportunity with an R4UA Zoning. (id:55625)
Ottawa, Ontario
Situated just minutes from Orleans, between Innes Rd and Wilhaven Drive, this 50-acre plot offers significant opportunities for investors and/or owner-users. The land features a blend of mature forest with potential future development. Classified under both RU (Rural) and AG (Agricultural) zoning, with the possibility of the land being severed. Additionally, property has a newly added 2.3 KM closed walking trail, perfect for nature lovers, however, please do not walk on the property without permission. (id:55625)
Ottawa, Ontario
Welcome to Little Italy, an iconic neighborhood in the heart of the city, where a sleek and modern 4plex awaits you. This newly constructed legal 4plex exudes sophistication and style, with each unit featuring spacious layouts, high-end finishes, and an abundance of natural light. The property is fully rented with great tenants, ensuring a steady stream of rental income for the savvy investor. Little Italy is a prime location known for its lively atmosphere and vibrant community, making it an ideal spot for real estate investment. With low maintenance costs and high demand, this 4plex presents a lucrative opportunity for those looking to capitalize on the dynamic real estate market in Little Italy. Gross Rent $82,200 projected 2026. Explosive Air BNB potential. Close to O-Train, Lebreton Flats, Dow's Lake, many specialty shops , restaurants and vibrant festivals. 24hrs notice for showings & 24hrs irrevocable on all offers, as per form 244. (id:55625)
Ottawa, Ontario
Discover this exceptional 7-bedroom luxury residence, designed for multi-generational living and entrepreneurial opportunity. Featuring two distinct living spaces each with its own private entrance and garage the property is ideal for extended family, rental income, or professional use. Uniquely approved for business, the zoning allows on-site client parking, a rare advantage for wellness services, professionals, or a variety of industries in the Stittsville/Kanata South area. Set on 1.25 acres, the fully fenced grounds include a saltwater pool, pool house, and a 75x75 ft side yard ready for a multi-sport pad. With a 100-amp electrical panel for lighting and a water line for winter ice, the space is perfect for hockey, basketball, or pickleball. Inside the main home, an open-concept layout features hardwood flooring and premium finishes. The chefs kitchen offers quartz countertops, custom cabinetry, a walk-in pantry, and oversized island, while the expansive covered deck extends entertaining outdoors. Upstairs, the primary suite includes dual walk-in closets, a private balcony, and lounge/office. Two additional bedrooms with ensuites and walk-ins, plus a loft and laundry, complete this level. The finished basement adds a built-in hockey rink (which can be converted to rec room), gym, and large office, with potential for extra bedrooms or entertaining space.The second home offers a full kitchen and living room, private back porch, powder room, main-floor bedroom with ensuite, its own garage, and a finished basement that connects to the main residence. There is even potential to develop a third dwelling ideal for in-laws, rental, or business use. Additional highlights include a state-of-the-art air purification system and Generac generator. Close to top schools, shopping, and trails, this property offers a rare chance to live, work, and play in one of Ottawas most sought-after communities. (id:55625)