$1,395,000
FOR SALE

Land

Lot: 69 x 60.58 ft

293-295 Holmwood Avenue
Ottawa, ON K1S 2R1

Welcome to 293-295 Holmwood Avenue, a brick double situated on a 69 x 60 lot in the heart of The Glebe, one of Ottawa's most desirable neighborhoods. This property presents a unique opportunity for development in a highly sought-after area, offering potential for investors, developers, or homeowners with a vision. The lot has the possibility of being split into three separate homes (minor variance required), providing excellent flexibility for future projects. While planning your development, benefit from the rental income of, at current market value, approximately $4,000/month per unit, with one side currently tenanted (lease transitioning to month-to-month May 1st) and the other side extensively renovated and move-in ready. Nestled on a quiet, tree-lined street, this property is just steps from Ottawa's best amenities, including the Rideau Canal, Lansdowne Park, top-rated schools, and a thriving selection of shops and restaurants. With its prime location and development potential, this lot offers a valuable opportunity to create something exceptional in The Glebe. **** EXTRAS **** 2 x Furnaces and 2 x Hot Water Tanks (id:47421)
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Listed By ENGEL & VOLKERS OTTAWA
Data Provided By Ottawa Real Estate Board
MLS® Listing Number X11881550
Last Updated Jan 10, 2025
Property Summary
Property Type Land

More like this:
Community 4401 - Glebe
Price History

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Detailed Information
Bedrooms 8
Bathrooms 4
Lot 69 x 60.58 ft
Features Lane
Listing Contract Date 2024-12-04
Location Description From Bronson Ave, turn onto Holmwood Ave
# of Parking Spaces 4
Property Type Vacant Land
Transaction Type For sale
Building
Amenities Fireplace(s)
Appliances Dishwasher, Dryer, Hood Fan, Microwave, Refrigerator, Stove, Washer
Basement Development Unfinished
Basement Type Full (Unfinished)
Fireplace Present Yes
# of Half Bathrooms 2
Heating Fuel Natural gas
Heating Type Forced air
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
Primary BedroomSecond level4.33 m x 3.38 m
Bedroom 2Second level3.46 m x 3.67 m
Bedroom 3Second level3.03 m x 2.63 m
BathroomSecond level1.77 m x 2.08 m
Bedroom 4Third level4.8 m x 4.01 m
Living roomMain level4.16 m x 3.9 m
Dining roomMain level3.35 m x 3.67 m
KitchenMain level3.35 m x 2.8 m
Utilities
Type Description
CableInstalled
SewerInstalled
Land
Total Size 69 x 60.66 FT | under 1/2 acre
Sewer Sanitary sewer
Size of Irregular Land 69 x 60.66 FT

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