1022 Maitland Avenue, Ottawa

Price

$899,900

Type

Detached

Bedrooms

3+1

Bathrooms

2

Size

700-1100

Community

Belair Park - Copeland Park and Area

City

Ottawa

MLS®

X14092982

About this property

ATTENTION BUILDERS, DEVELOPERS & INVESTORS! PRIME REDEVELOPMENT OPPORTUNITY! Discover the potential of this approximately 50' x 123' property with City confirmed CM2 (Minor Corridor Zone 2) zoning, offering exciting possibilities for future development and intensification. Ideally situated in an established Ottawa neighborhood with convenient access to Highway 417, public transit, shopping, schools and everyday amenities. A desirable location for a future residential or mixed use project, subject to applicable zoning provisions and municipal approvals. Currently improved with a 3-bedroom bungalow featuring a finished lower level, the property is tenant occupied and generates $3,000/month in all inclusive rental income, offering income while future plans are explored. A new survey is available with an offer. An outstanding opportunity to invest in the land, location and future potential! Buyers to conduct their own due diligence regarding permitted uses, development feasibility and approvals.

Listing brokerage: EXP REALTY

Listing information is provided by PropTx Innovations Inc. for the Toronto Regional Real Estate Board (TRREB) IDX program, is deemed reliable but is not guaranteed accurate, and is intended for consumers’ personal, non-commercial use to identify properties they may be interested in purchasing or leasing. MLS®, REALTOR® and the associated logos are trademarks of The Canadian Real Estate Association.