1022 Maitland Avenue, Ottawa

Price

$899,900

Type

Land

Community

Belair Park - Copeland Park and Area

City

Ottawa

MLS®

X14092988

About this property

ATTENTION BUILDERS, DEVELOPERS & INVESTORS! Exceptional land value and redevelopment opportunity at 1022 Maitland Avenue! Featuring City-confirmed CM2 (Minor Corridor Zone 2) zoning, this approximately 50' x 123' property offers exciting possibilities for future development and intensification. Ideally situated in an established Ottawa neighbourhood, with convenient access to Highway 417, public transit, shopping, schools and everyday amenities. An attractive location to explore future residential or mixed-use development opportunities, subject to applicable zoning provisions and municipal approvals. The property is currently improved with a 3-bedroom bungalow featuring a finished lower level and generates $3,000 per month in all-inclusive rental income, providing income while future development plans are explored. A new survey may be provided with an offer. An 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.