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)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
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
Cable
Available
Sewer
Installed
Land
Total Size
55.8 x 95 FT
Sewer
Sanitary sewer
Size of Irregular Land
55.8 x 95 FT
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