Address
119 Fieldrow Street, Ottawa, ON
Price
$ 899,900
Property Attributes
  • ID#X13810390
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityOttawa
  • CountyRLP - 490 - OTTAWA
  • CityOttawa
  • Neighborhood7302 - Meadowlands/Crestview
  • ZipK2G 2Y8
  • StyleSingle Family Dwelling
  • Price$ 899,900
  • Bedrooms3+2
  • Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1100
Data Source:
RLP - CREA EN
Property Description

PRICED FOR LAND VALUE - EXCEPTIONAL DEVELOPMENT POTENTIAL! CORNER LOT! (125.46 feet by 77.49 feet). An outstanding opportunity for builders, developers and investors to capitalize on a property offering exciting future possibilities under N2E zoning. The value here is in the LAND and its redevelopment potential. Under the City of Ottawa's new zoning framework, N2 - Neighbourhood Zone 2 provides increased residential development flexibility, permitting a density of up to 1.5 dwelling units per 100 m of lot area, to a maximum of 6 dwelling units per building, subject to lot dimensions, servicing, setbacks and all applicable City requirements. The "E" subzone reflects a more suburban development pattern, including an 18-metre minimum lot width and 6-metre minimum front-yard setback. This creates an exciting opportunity to explore a variety of redevelopment concepts and residential configurations, making this an attractive land acquisition for those looking toward future intensification and long-term value. Buyers are encouraged to complete their own due diligence with the City of Ottawa regarding their intended development plans. The property is currently improved with a detached bungalow that is tenant-occupied, providing existing rental income while a purchaser explores future development opportunities. A property to buy for today, but with an eye firmly on tomorrow - LAND VALUE, INCOME and DEVELOPMENT POTENTIAL all in one! Current rental income is $4295/month and viewing will only be allowed upon acceptance of an offer since being sold for LAND POTENTIAL!

General Features

Zoning N2E
Terms SALE
Neighbourhood 7302 - Meadowlands/Crestview
Construction Style Detached
Property Sub Type Single Family
jumpId 29265965
Property Subtype French Single Family Dwelling
Listing Type French House
MLS X13810390
Appliances All
Architectural Style Bungalow
Building Type House
Property Type Single Family
Sewer Sanitary sewer

Interior Features

Living Area Range 1100 sqft
Bedrooms 3+2
Basement Finished
Basement Type N/A
Cooling Type Central air conditioning
Foundation Type Block
Heating Fuel Natural gas
Heating Type Forced air
Beds 5
Total Baths 2
Total Baths 2

Exterior Features

Exterior Finish Stucco, Vinyl siding
Parking Type Detached garage, Garage

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in K2G 2Y8

Price
AVG $900K
$900K
Fair Housing Icon NY Fair Housing Notice