211 Columbus Avenue, Ottawa, Ontario K1K1P7

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$849,900
3
BD
2
BA

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List Price
$849,900
MLS®
X12930446
Days on Market
122
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
3
Bathrooms
2
Lot Size Dimensions
50 x 116 FT
Subdivision
3502 - Overbrook/Castle Heights

Property Description

DEVELOPMENT OPPORTUNITY on a premium 50 x 116 ft lot located on a quiet street in the desirable Overbrook neighbourhood. This is a rare chance to acquire a well-proportioned property in an established area experiencing ongoing redevelopment and strong growth. The existing 2+1 bedroom bungalow with a finished basement is being sold primarily for land value, offering excellent potential for redevelopment or a custom build (buyer to conduct their own due diligence). Potential future build options may include a 4-plex, 6-plex semi-detached, or higher-density development such as a 10- or 12-plex, subject to approvals. Current zoning allows for 10+ units, with the possibility to apply for additional density of up to 18 units - or, alternatively, build 10 units without requiring site plan approval. Ideally situated with quick access to downtown Ottawa, the Rideau River, scenic walking and cycling pathways, parks, and green space. Close proximity to the University of Ottawa, St. Laurent Shopping Centre, schools, public transit, and Highway 417 further enhances the appeal of this centrally located property. Property being sold in "as is, where is" condition. The seller makes no representations or warranties. 24 hours' notice required for all showings. (id:5764)

Additional Information

Garage
Yes
Subdivision
3502 - Overbrook/Castle Heights
Parking Spaces
3
Cooling
Central air conditioning
Country
Canada
Flooring
Hardwood
Sewer
Sanitary sewer
Community Features
Community Centre
Heating
Forced air, Natural gas
Lot Features
Carpet Free
Architectural Style
Bungalow
Stories
1

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Calculator source: Real Geeks