$930,000
FOR SALE

Triplex

Bedrooms: 9+2Bathrooms: 5Lot: 55.75 x 95 ft

249-251 Joffre-Belanger Way N
Ottawa, ON K1L 5K9

Prime investment opportunity in a cul-de-sac location perched on a hill in the heart of Vanier! This 5,479 ft corner lot with R4E zoning offers a multitude of development options, including custom front-back semis, multi-unit low-rise apartments, and more. The property currently features a fully rented triplex, providing steady cash flow during planning and redevelopment. Severance and minor variance approvals are pending Committee of Adjustment approval , making this an exceptional opportunity for investors and developers. Buyer to confirm and to pay all building approvals. Located just minutes from uOttawa, the Gatineau Bridge, parks, trails, Beechwood Village, and downtown Ottawa, this property boasts unparalleled convenience. Its proximity to shopping, schools, hospitals, and public transit enhances its appeal for future tenants or homeowners. With Vanier undergoing significant redevelopment, this property is a solid long-term hold for future growth and rezoning opportunities. Property sold as is with no warranties or guarantees. Dont miss this rare chance to own a strategically located, high-potential property in one of Ottawas most desirable rental markets! **** EXTRAS **** outdoor storage in the backyard (id:47421)
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Listed By COLDWELL BANKER SARAZEN REALTY
Data Provided By Ottawa Real Estate Board
MLS® Listing Number X11906099
Last Updated Jan 03, 2025
Property Summary
Property Type Triplex

More like this:
Community 3402 - Vanier
Price History

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Detailed Information
Bedrooms 9+2
Bathrooms 5
Lot 55.75 x 95 ft
Features Cul-de-sac, Lane
Listing Contract Date 2025-01-02
Location Description Marier Ave / Shakespeare St
# of Parking Spaces 7
Property Type Single Family
Transaction Type For sale
Zoning Description R4E
Building
Appliances Water Heater, Refrigerator, Stove
Basement Development Finished
Basement Type Full (Finished)
Exterior Finish Stucco
Foundation Type Block
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 2
Type Triplex
Utility Water Municipal water
Utilities
Type Description
CableAvailable
SewerInstalled
Land
Total Size 55.8 x 95 FT
Sewer Sanitary sewer
Size of Irregular Land 55.8 x 95 FT

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